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Chapter 2 · Arithmetic

Profit & Loss

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Question 1 of 20

CAT 2023 · Slot 2 · Q9

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Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is

  1. A.35.42%
  2. B.31.25%
  3. C.52%
  4. D.26%
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Correct answer: B. 31.25%

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