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Five manufacturers A, B, C, D and E are selling four different products given in the table below. The table contains profit percentages gained on the cost price of these products by different manufacturers (after discount, if any). 
Note: 
1. The missing values can be calculated using the data given in the question.
2. Cost price of a particular product is the same for all the manufacturers, unless specified.
Q. The cost price of product 2 is Rs. 500 more than that of product 3, sold by manufacturer A. If the sum of selling prices of product 2 and product 3 sold by manufacturer A is Rs. 4840, then the selling price of product 2 is approximately what percent more/less than that of product 3 by the same seller?
  • a)
    32%        
  • b)
    35%        
  • c)
    37%        
  • d)
    40%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Five manufacturers A, B, C, D and E are selling four different product...
For manufacturer A of product 2:
Let CP = 100x 
⇒ SP = 140x
For manufacturer A of product 3:
Let CP = 100y 
⇒ SP = 136y
Also, it is given that 100x - 100y = 500 
⇒ x - y = 5
⇒ 136x - 136y = 680
and, 140x + 136y = 4840
Solving, 276x = 5520 
⇒ x = 20 and y = 15
Required percentage = (2800 - 2040) / 2040 * 100 ≈ 37%
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Most Upvoted Answer
Five manufacturers A, B, C, D and E are selling four different product...
For manufacturer A of product 2:
Let CP = 100x 
⇒ SP = 140x
For manufacturer A of product 3:
Let CP = 100y 
⇒ SP = 136y
Also, it is given that 100x - 100y = 500 
⇒ x - y = 5
⇒ 136x - 136y = 680
and, 140x + 136y = 4840
Solving, 276x = 5520 
⇒ x = 20 and y = 15
Required percentage = (2800 - 2040) / 2040 * 100 ≈ 37%
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Five manufacturers A, B, C, D and E are selling four different products given in the table below. The table contains profit percentages gained on the cost price of these products by different manufacturers (after discount, if any).Note:1. The missing values can be calculated using the data given in the question.2. Cost price of a particular product is the same for all the manufacturers, unless specified.Q.The cost price of product 2 is Rs. 500 more than that of product 3, sold by manufacturer A. If the sum of selling prices of product 2 and product 3 sold by manufacturer A is Rs. 4840, then the selling price of product 2 is approximately what percent more/less than that of product 3 by the same seller?a)32% b)35% c)37% d)40%Correct answer is option 'C'. Can you explain this answer?
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Five manufacturers A, B, C, D and E are selling four different products given in the table below. The table contains profit percentages gained on the cost price of these products by different manufacturers (after discount, if any).Note:1. The missing values can be calculated using the data given in the question.2. Cost price of a particular product is the same for all the manufacturers, unless specified.Q.The cost price of product 2 is Rs. 500 more than that of product 3, sold by manufacturer A. If the sum of selling prices of product 2 and product 3 sold by manufacturer A is Rs. 4840, then the selling price of product 2 is approximately what percent more/less than that of product 3 by the same seller?a)32% b)35% c)37% d)40%Correct answer is option 'C'. 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 Five manufacturers A, B, C, D and E are selling four different products given in the table below. The table contains profit percentages gained on the cost price of these products by different manufacturers (after discount, if any).Note:1. The missing values can be calculated using the data given in the question.2. Cost price of a particular product is the same for all the manufacturers, unless specified.Q.The cost price of product 2 is Rs. 500 more than that of product 3, sold by manufacturer A. If the sum of selling prices of product 2 and product 3 sold by manufacturer A is Rs. 4840, then the selling price of product 2 is approximately what percent more/less than that of product 3 by the same seller?a)32% b)35% c)37% d)40%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Five manufacturers A, B, C, D and E are selling four different products given in the table below. The table contains profit percentages gained on the cost price of these products by different manufacturers (after discount, if any).Note:1. The missing values can be calculated using the data given in the question.2. Cost price of a particular product is the same for all the manufacturers, unless specified.Q.The cost price of product 2 is Rs. 500 more than that of product 3, sold by manufacturer A. If the sum of selling prices of product 2 and product 3 sold by manufacturer A is Rs. 4840, then the selling price of product 2 is approximately what percent more/less than that of product 3 by the same seller?a)32% b)35% c)37% d)40%Correct answer is option 'C'. Can you explain this answer?.
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