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%.


  1. The question can be answered with the help of statement I alone,
  2. question can be answered with the help of statement II, alone,
  3. Both, statement I and statement II are needed to answer the question, and
  4. The question cannot be answered even with the help of both the statements.

Correct Option:2

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CAT Quant Practice Problems
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