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A person spent Rs 50000 to purchase | Quantitative Aptitude - CAT Profit and Loss

CAT 2020 – The CAT QA section has grown increasingly difficult since 2015. In order to tackle the tougher CAT Level QA questions for the CAT Exam, it is important to understand the basics of CAT. To obtain a great CAT score, make use of MBAP Free Study material with detailed solutions and video explanations. Check out MBAP free Mock test to take these questions in a test format for free.

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The question below is from previous year CAT question from CAT 2020 exam comes from CAT Profit and Loss: A person spent Rs 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at 20% profit and the laptop at 10% loss. If overall he made a 2% profit then the purchase price, in rupees, of the desktop is 

Find out by answering this question which tests an aspirant’s Quantitative Ability Skills

CAT 2020 - Slot 1 - Quantitative Aptitude - Profit and Loss - Question 12 - A person spent Rs 50000 to purchase

Q.12: A person spent Rs 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at 20% profit and the laptop at 10% loss. If overall he made a 2% profit then the purchase price, in rupees, of the desktop is

Correct Answer: 20000

D = Price of Desktop and L = Price of Laptop

0.2 D – 0.1 L = 2 % of 50000

0.2 D – 0.1 L = 1000

D – L = 10000

D + L = 50000

Solving D = 20000

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