CAT Quant Practice Problems

Question: The owner of an art shop conducts his business in the following manner: every once in a while he raises his prices by X%, then a while later he reduces all the new prices by X%. After one such updown cycle, the price of a painting decreased by Rs. 441. After a second up-down cycle the painting was sold for Rs. 1,944.81. What was the original price of the painting?

Rs. 2,756.25
Rs. 2,256.25
Rs. 2,500
Rs. 2,000
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CAT Quant Practice Problems
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