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CAT Profit and Loss Questions

To help students overcome this difficulty, we have compiled a comprehensive collection of CAT profit, loss and Interest questions from all the CAT previous year papers in pdf format with detailed text and video solutions. Every question has video solution that is explained by CAT experts. Over the past few years, CAT Profit and Loss questions have made a recurrent appearance in the Quant section. You can expect around 1-2 questions in the new format of the CAT Quant section. Practising free CAT mock where you'll get a fair idea of how questions are asked, and type of questions asked in CAT Exam. Here download the PDF for free without signing up. Click the link below to download the CAT profit, loss and interest questions PDF with detailed video solutions.

CAT Profit, Loss And Interest Questions Weightage Over Past 8 Years

Year

Weightage

20253
20247
20236

2022

4

2021

5

2020

8

2019

7

2018

2

CAT Profit, Loss and Interest Equations Formulas PDF

Profit and loss, Simple interest and Compound interest are some of the essential topics in the quantitative aptitude section, and it is vital to have a clear understanding of the formulas related to them. To help the aspirants to ace this topic, we have made a PDF containing a comprehensive list of formulas, tips, and tricks that you can use to solve Profit, loss and interest questions with ease and speed. To avoid missing similar other important topics, checking with the CAT exam syllabus will help. And, also enrolling in a CAT online coaching will also help.
1. Compound Interest - Instalments

If an amount 'P' is borrowed for 'n' years at r% per annum compounded annually, and x is the installment that is paid at the end of each year, starting from the first year, then:

$$P\ =\ \dfrac{\ x}{1+\dfrac{r}{100}}+\ \dfrac{\ x}{\left(1+\dfrac{r}{100}\right)^{^2}}+...+\ \dfrac{\ x}{\left(1+\dfrac{r}{100}\right)^{^n}}$$

or

$$P\ \left(1+\frac{r}{100}\right)^{n\ }=\ x\ \left(\left(1+\frac{r}{100}\right)^{n-1}+\left(1+\frac{r}{100}\right)^{n-2\ }...\ +1\right)$$

2. Consecutive Profit %

When there are two successive profits of $$x\%$$ and $$y\%$$ then the net percentage profit $$=\ \dfrac{\ x+y+xy}{100}$$.

When there is a profit of $$x\%$$ and loss of $$y\%$$ then net percentage profit or loss $$=\ \dfrac{\ x-y-xy}{100}$$

3. Simple and Compound Interest

The principal amount is P, rate of interest is R and time of loan is T

Simple Interest = $$\dfrac{P*T*R}{100}$$

Amount = Principal + Simple Interest

Compound Interest = $$ P(1+\dfrac{R}{100})^{T}$$ - P

For the same principal, positive rate of interest and time period, the compound interest on the loan is always greater than the simple interest.

4. SP - CP - Discount - Marked Price

The cost price of an article is C.P, the selling price is S.P and the marked price is M.P

Profit (Loss) = S.P – C.P

% Profit (Loss) = Profit (Loss)/C.P *100

Discount = M.P – S.P

% Discount = Discount/M.P * 100

Total increase in price due to two subsequent increases of X% and Y% is (X+Y+XY/100)%

      CAT Profit and Loss Questions

      Question 1

      The monthly sales of a product from January to April were 120, 135, 150 and 165 units, respectively. The cost price of the product was Rs. 240 per unit, and a fixed marked price was used for the product in all the four months. Discounts of 20%, 10% and 5% were given on the marked price per unit in January, February and March, respectively, while no discounts were given in April. If the total profit from January to April was Rs. 138825, then the marked price per unit, in rupees, was

      Video Solution
      Question 2

      An item with a cost price of Rs. 1650 is sold at a certain discount on a fixed marked price to earn a profit of 20% on the cost price. If the discount was doubled, the profit would have been Rs. 110. The rate of discount, in percentage, at which the profit percentage would be equal to the rate of discount, is nearest to

      Video Solution
      Question 3

      A shopkeeper offers a discount of 22% on the marked price of each chair, and gives 13 chairs to a customer for the discounted price of 12 chairs to earn a profit of 26% on the transaction. If the cost price of each chair is Rs 100, then the marked price, in rupees, of each chair is

      Video Solution

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