CAT Quant Practice Problems

Question: If the selling price were to be increased by 10%, the sales would reduce by 10%. In what ratio would profits change?

I. The cost price remains constant.

II. The cost price increased 10%.

The question can be answered with the help of statement I alone,
question can be answered with the help of statement II, alone,
Both, statement I and statement II are needed to answer the question, and
The question cannot be answered even with the help of both the statements.
Show Answer
Please Login to see the answer



Back to Main Page

CAT Quant Online Course


  • 1000+ Practice Problems
  • Detailed Theory of Every Topics
  • Online Live Sessions for Doubt Clearing
  • All Problems with Video Solutions
₹ 2999
CAT Quant Practice Problems
4.7 (94.55%) 11 votes