CAT 2002DILR Question 17

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Passage / Data

Answer the following question based on the information given below.

Following table shows the REPSOL YPF's Operations of oil and gas producing activities.

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How many operations (Spain, North Africa and Middle East, …) of the company account for less than 5% of the total revenue earned in the year 1999?

Answer & solution

  • A

    2

  • B

    3

  • 4

  • D

    None of these

Solution

Total revenue in 1999 = 3374
 
∴ 5% of the total revenue in 1999 = 0.05 × 3374 = 168.7

The operations of Spain, the Rest of Latin America, the Northern Sea and the Rest of the World are less than 168.7.

Hence, option (c).

CAT 2002 DILR Q17: How many operations (Spain, North Africa and Middle East, …) of the company account for less than 5% of — Solution | TheCATExam