CAT 2020 Slot 1QA Question 5

Profit & LossEasy

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

Answer & solution

Answer: 20000

Solution

Easy

Let the desktop cost dd; the laptop then costs 50000d50000-d. Write the total rupee profit as (profit on desktop) − (loss on laptop) and set it equal to 2% of the total spend. One linear equation gives dd.

1

Express the overall profit in rupees. Overall 2%2\% profit on Rs. 5000050000 is Rs. 10001000.

0.20d0.10(50000d)=1000(20% gain − 10% loss = total gain)\begin{aligned} &0.20\,d-0.10\,(50000-d)=1000 \quad\text{(20\% gain − 10\% loss = total gain)} \end{aligned}
2

Solve for dd.

0.20d5000+0.10d=1000 0.30d=6000 d=20000\begin{aligned} &0.20\,d-5000+0.10\,d=1000\\ &\Rightarrow\ 0.30\,d=6000\\ &\Rightarrow\ d=20000 \end{aligned}
d=Rs. 20000d=\text{Rs. }20000
CAT 2020 Slot 1 QA Q5: A person spent Rs. 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at 20% prof — Solution | TheCATExam