Bodhee Prep-Online CAT Coaching | Online CAT Preparation | CAT Online Courses

Get 10% OFF on CAT 24 Course. Code: BODHEE10. Valid till 30th June Enroll Now

CAT 2021 Quant Question [Slot 1] with Solution 08

Amal purchases some pens at ₹ 8 each. To sell these, he hires an employee at a fixed wage. He sells 100 of these pens at ₹ 12 each. If the remaining pens are sold at ₹ 11 each, then he makes a net profit of ₹ 300, while he makes a net loss of ₹ 300 if the remaining pens are sold at ₹ 9 each. The wage of the employee, in INR, is
Option: 1000
Let the number of pens purchased be n. Then the cost price is 8n. The total expenses incurred would be 8n+W, where W refers to the wage.
Then SP in the first case = \(12 \times \;100 + 11 \times \;\left( {n - 100} \right)\)
Given profit is 300 in
CAT Online Course @ INR 13999 only

CAT 2021 Quant questions with Solutions

CAT online Courses

FREE CAT Prep Whatsapp Group

FREE CAT Quant Topic Tests (Video Solutions)