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CAT Profit Loss — practice questions

Explore 2 free Profit Loss questions in CAT Quantitative Reasoning. Open each question or exercise to read its content, reference answers and available explanation.

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Profit Loss questions and exercises with answers

Showing questions 1–2 of 2.

Worked practice questions

Profit is 320% of cost. If cost rises 25% but selling price stays constant, what % of selling price is profit (approx.)?

  1. 30%
  2. 70%
  3. 100%
  4. 250%
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Correct answer: B. 70%

1. Let cost = 100. Profit = 320, so SP = 420. 2. New cost = 125. New profit = 420 − 125 = 295. 3. 295 / 420 ≈ 0.702 = 70%. _Source: KMAT Karnataka 2021 PYQ Q.41_

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By selling 33 metres of cloth, a man loses the SP of 11 metres. His loss %:

  1. 25%
  2. 33⅓%
  3. 30%
  4. 20%
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Correct answer: A. 25%

1. Let SP per metre = 1. SP of 33 m = 33. Loss = SP of 11 m = 11. 2. Cost = SP + Loss = 33 + 11 = 44. 3. Loss % = 11/44 = 25%. _Source: KMAT Karnataka 2022 PYQ Q.82_

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