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In 2000, manufacturing cost of an item was Rs. 428. It increased by 5%, 6%, 4% in the successive years and decreased by 7% in the fourth year. The same item was manufactured in 2004 and sold at Rs. 598. What was the profit (in Rs.) earned? (Assume that manufacturing cost is the only cost involved.) (Round off your answer to the nearest integer.)Correct answer is '137'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about In 2000, manufacturing cost of an item was Rs. 428. It increased by 5%, 6%, 4% in the successive years and decreased by 7% in the fourth year. The same item was manufactured in 2004 and sold at Rs. 598. What was the profit (in Rs.) earned? (Assume that manufacturing cost is the only cost involved.) (Round off your answer to the nearest integer.)Correct answer is '137'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In 2000, manufacturing cost of an item was Rs. 428. It increased by 5%, 6%, 4% in the successive years and decreased by 7% in the fourth year. The same item was manufactured in 2004 and sold at Rs. 598. What was the profit (in Rs.) earned? (Assume that manufacturing cost is the only cost involved.) (Round off your answer to the nearest integer.)Correct answer is '137'. Can you explain this answer?.

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