CAT 1999 — DILR Question 37
Bar GraphsEasy
Passage / Data
Directions: Answer the questions based on the following information.
These questions are based on the price fluctuations of four commodities — arhar, pepper, sugar and gold during February-July 1999 as described in the figures below.
Mr X, a fund manager with an investment company invested 25% of his funds in each of the four commodities at the beginning of the period. He sold the commodities at the end of the period. His investments in the commodities resulted in
Answer & solution
Correct answer: 5.4% profit
- A
17% profit
- B
5.5% loss
- C
No profit, no loss
5.4% profit
Solution
Let us assume Mr X invested Rs. 100 in each commodity.
âââââââ
âââââââ∴ His income is Rs. 21.5 on Rs. 400.
∴ × 100 = 5.4% profit
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