CAT 1997DILR Question 26

Bar GraphsEasy
Passage / Data

Direction: Answer the questions based on the following graph.

The graph given below gives the yearly details of money invested in producing a certain product over the years 1991 to 1995. It also gives the profit (in ‘000 rupees).

What percentage of the costs did the profits form over the period?

Answer & solution

  • A

    3%

  • 5%

  • C

    8%

  • D

    11%

Solution

The total profits over the period
= (15 + 25 + 20 – 30 + 15) = 45
Total costs
= (330 + 290 + 90 + 260) = 970
Hence, profit/costs =45970 = 4.6% = 5% (Approximately)

CAT 1997 DILR Q26: What percentage of the costs did the profits form over the period? — Solution | TheCATExam