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

CAT/1998

Question . 82

A company purchases components A and B from Germany and USA respectively. A and B form 30% and 50% of the total production cost. Current gain is 20%. Due to change in the international scenario, cost of the German Mark increased by 30% and that of USA Dollar increased by 22%. Due to market conditions the selling price cannot be increased beyond 10%. Then

What is the maximum current gain possible?

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