CAT Quant Practice Problems

Question: A dealer deals only in color TVs and VCRs. He wants to spend up to Rs.12 lakhs to buy 100 pieces. He can purchase a color TV at Rs.10,000 and a VCR at Rs.15,000. He can sell a color TV at Rs.12,000 and a VCR at Rs.17,500. His objective is to maximize profits. Assume that he can sell all the items that he stocks.

For the maximum profit, the number of color TVs and VCRs that he should respectively stock are

  1. 80, 20
  2. 20, 80
  3. 60, 40
  4. None of these

Correct Option:3

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CAT Quant Practice Problems
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