Generic : How is CAT percentile calculated?

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CAT percentile is calculated in six steps. Responses are checked against the answer key, raw scores are calculated (+3 for a correct answer, −1 for a wrong MCQ), raw scores are normalised across slots into scaled scores, the scaled scores are added, candidates are ranked, and percentile is worked out as [(N – r) / N] × 100.
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How is CAT percentile calculated?