CAT Exam  >  CAT Questions  >   A product was offered discount only when pro... Start Learning for Free
A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.
Calculate Difference in profit percentage of product A and product B?
  • a)
    30%
  • b)
    40%
  • c)
    50%
  • d)
    60%
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A product was offered discount only when profit was made on another p...
Let the MP, SP and CP of the second product be 5x, 3x and 2x respectively
It is given cost price for both the products is same. Hence CP of product A = 2x
Total CP = 4x. Profit earned is 30%. Total SP = 1.3 × 4x = 5.2x
Given that SP of product B is 3x
SP of product A will be 5.2x - 3x = 2.2 x
This SP was after 10% discount. Thus MP of product A = 2.4x
Profit % of product A
Profit = 0.2x
CP = 2x
Profit % = 10%
Profit % of product B
Profit = x
CP = 2x
Profit % = 50%
Difference in profit percentage = 40%
Hence, the correct option is (b).
Attention CAT Students!
To make sure you are not studying endlessly, EduRev has designed CAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CAT.
Explore Courses for CAT exam

Similar CAT Doubts

A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer?
Question Description
A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. 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 A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer?.
Solutions for A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer?, a detailed solution for A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A product was offered discount only when profit was made on another product. It is known that the Cost Price for both the products is the same. 10% discount was offered on product A while a total of 30% profit was earned on both the products. The MP : SP : CP of product B = 5:3:2.Calculate Difference in profit percentage of product A and product B?a)30%b)40%c)50%d)60%Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev