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The selling price of a product is fixed to ensure 40% profit. If the product had cost 40% less and had been sold for 5 rupees less, then the resulting profit would have been 50%. The original selling price, in rupees, of the product is
Question Posted on 14 Sep 2025
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CAT 2024 Question Paper QA Slot 1 Question 14
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The selling price of a product is fixed to ensure 40% profit. If the product had cost 40% less and had been sold for 5 rupees less, then the resulting profit would have been 50%. The original selling price, in rupees, of the product is
(1)15
(2)14
(3)10
(4)20
Answer:-(2)14
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