CAT 2024 - Slot 3 Quant Question 13
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CAT 2024 Slot 3 - Quant
Let us say the cost price of an item is X
It is said that it is marked to make a profit of 20%.
That means it is marked at 1.2X
Ravi gets a 10% discount on the marked price,
0.9 (1.2X) = 1.08X
Saves 15 rupees, so 1.2X-1.08X
0.12X = 15
X = 125
Profit made by Gopi is 0.08(125) = 10 rupees.