CAT Quantitative Ability Questions | CAT Percentage, Profit & Loss questions

CAT/1995

Question . 99

Ram purchased a flat at Rs 1 lakh and Prem purchase a plot of land worth Rs 1.1 lakh. The respective annual rates at which the prices of the falt and the plot increased were 10 % and 5%. After two years they exchanged their belongings and one paid the other the difference. Then...

View Answer

Explanatory Answer

Method of solving this CAT Quantitative Ability Question from Percentage, Profit & Loss question