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CAT 1998 — DILR Question 27

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Passage / Data

Direction: Answer the questions based on the following information.

Krishna distributed 10-acre land to Gopal and Ram who paid him the total amount in the ratio 2 : 3. Gopal invested a further Rs. 2 lakh in the land and planted coconut and lemon trees in the ratio 5 : 1 on equal areas of land. There were a total of 100 lemon trees. The cost of one coconut was Rs. 5. The crop took 7 years to mature and when the crop was reaped in 1997, the total revenue generated was 25% of the total amount put in by Gopal and Ram together. The revenue generated from the coconut and lemon trees was in the ratio 3 : 2 and it was shared equally by Gopal and Ram as the initial amount spent by them were equal.

What was the value of output per acre of lemon trees planted?

Answer & solution

  • 0.24 lakh per acre

  • B

    2.4 lakh per acre

  • C

    24 lakh per acre

  • D

    Cannot be determined

Solution

Lemon and coconut trees were planted on equal areas of land, viz. 5 acres each. The value of lemon output per acre of land = (1200005) = 0.24 lakh per acre

CAT 1998 DILR Q27: What was the value of output per acre of lemon trees planted? — Solution | TheCATExam