CAT Question Paper | CAT Verbal Ability Slot
Question :

A merchant purchases a cloth at a rate of Rs.100 per meter and receives 5 cm length of cloth free for every 100 cm length of cloth purchased by him. He sells the same cloth at a rate of Rs.110 per meter but cheats his customers by giving 95 cm length of cloth for every 100 cm length of cloth purchased by the customers. If the merchant provides a 5% discount, the resulting profit earned by him is

 

Started 1 month ago by Shashank in

Option B is the correct answer.

Explanatory Answer

    

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