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CAT 2005 — DILR Question 26

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Passage / Data

Answer the following question based on the information given below.

The table below presents the revenue (in million rupees) of four firms in three states. These firms, Honest Ltd., Aggressive Ltd., Truthful Ltd. and Profitable Ltd. are disguised in the table as A, B, C and D, in no particular order.

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Further, it is known that:

  • In the state of MP, Truthful Ltd. has the highest market share.
  • Aggressive Ltd.’s aggregate revenue differs from Honest Ltd.’s by Rs. 5 million. 

If Profitable Ltd.’s lowest revenue is from UP, then which of the following is true?

Answer & solution

Correct answer: Truthful Ltd.’s lowest revenues are from UP.

  • A

    Truthful Ltd.’s lowest revenues are from MP.

  • B

    Truthful Ltd.’s lowest revenues are from Bihar.

  • Truthful Ltd.’s lowest revenues are from UP.

  • D

    No definite conclusion is possible.

Solution

Profitable Ltd. is firm D (Case 1 from the explanation given earlier).

∴ Truthful Ltd. is firm A.

Thus, Truthful Ltd.’s lowest revenues are from UP.

Hence, option (c).

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CAT 2005 DILR Q26: If Profitable Ltd.’s lowest revenue is from UP, then which of the following is true? — Solution | TheCATExam