CAT 2020 Slot 3 QA Q14 Percentages & Profit-Loss

Question 14 of the Quantitative Ability (QA) section, CAT 2020 Slot 3, with CAT's official answer.

A man buys 35 kg of sugar and sets a marked price in order to make a 20% profit. He sells 5 kg at this price, and 15 kg at a 10% discount. Accidentally, 3 kg of sugar is wasted. He sells the remaining sugar by raising the marked price by p percent so as to make an overall profit of 15%. Then p is nearest to
  1. A
    35
  2. B
    31
  3. C
    22
  4. D
    25

Answer: (D) 25 Percentages & Profit-Loss MCQ

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Same concept in other years

See every question on Selling parts at different prices, rest as a mixture, to hit an overall profit.

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