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HomeCAT PYQsCAT 2023 Slot 3 Question PaperA merchant purchases a cloth at a rate of Rs.100 per me…
CAT 2023 · Slot 3Quantitative AbilityProfit and LossEASY+3 / −1

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

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