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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

  • 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.

​​​​​​​

​​​​​​​∴ His income is Rs. 21.5 on Rs. 400.
∴ 21.5400 × 100 = 5.4% profit

CAT 1999 DILR Q37: Mr X, a fund manager with an investment company invested 25% of his funds in each of the four commodities at t — Solution | TheCATExam