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CAT 1995 — QA Question 29

Dishonest MerchantEasy
Passage / Data

Direction: Answer the questions based on the following information.
Four sisters — Suvarna, Tara, Uma and Vibha are playing a game such that the loser doubles the money of each of the other players from her share. They played four games and each sister lost one game in alphabetical order. At the end of fourth game, each sister had Rs.32.

A stockist wants to make some profit by selling sugar. He contemplates about various methods . Which of the following would maximise his profit?

I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduce weights by 5%.

Answer & solution

  • A

    I or II

  • II

  • C

    II, III and IV

  • D

    Profits are same

Solution

Profit percentage in each case is
(i) 10%

(ii) (100×100)900=1009%

(iii) 100×1.1.1 - 100100×100=10%

(iv) (10×100)95=20019%

CAT 1995 QA Q29: A stockist wants to make some profit by selling sugar. He contemplates about various methods . Which of the fo — Solution | TheCATExam