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CAT 2019 Slot 2 Solutions Quantitative Aptitude | Value of (x-y)/p | Question and Answer

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A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then (x - y) / p equals
A. 1
B. 1.2
C. 0.7
D. 0.50
*******************************************************************
Best wishes for CAT preparation.
A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then (x - y) / p equals
A. 1
B. 1.2
C. 0.7
D. 0.50
*******************************************************************
Best wishes for CAT preparation.
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