CAT Quantitative Ability Questions | CAT Percentage, Profit & Loss questions
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FundaMakers as a team has taken a painstaking step to bring you all the video solutions of the Percentage, Profit And Loss (PPL) asked in the Previous Year CAT exam. CAT question bank offered by FundaMakers is a power-packed topic-wise compilation of the entire CAT previous year questions. Questions from the Percentage, Profit And Loss (PPL) topic are some of the most scoring questions in the QA section. Other than the formulaic knowledge, it also tests your clarity about the topic. To maximize your CAT score make use of FundaMakers CAT Question Bank. “Questions from CAT previous years” examination papers have been incorporated. Let’s get started with CAT Past Year Percentage, Profit And Loss (PPL) Questions.
CAT/2017.1
Question . 57
In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones. His overall profit is:
Explanatory Answer
Method of solving this CAT Quantitative Ability Question from Percentage, Profit & Loss question
Option b is correct
Let the price of each good mango be = x
Price of medium quality mango = x/2
Total cost price = 
Total selling price = 120 × 0.9x = 108x
over all profit = 8%
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