CAT DILR Questions | CAT Data Sufficiency questions

Comprehension

Directions for Questions: These questions are based on the information given below.

Each item has a question followed by two statements,

CAT/1994

Question . 111

If the selling price were to be increased by 10%, the sales would reduce by 10%. In what ratio would profits change?

I. The cost price remains constant

II. The cost price increased by 10%