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CAT 2018 Slot 2 — DILR Question 11

TablesEasy
Passage / Data

Answer the following question based on the information given below.

There are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country. Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:

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In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 asthey were in 2016.

The brand that had the highest profit in 2017 is:

Answer & solution

  • A

    Azra

  • Bysi

  • C

    Cxqi

  • D

    Dipq

Solution

Suppose the total sales of the four models was 100 in 2016. Accordingly, we can fill the following table:

​​​​​​​

Bysi had the highest profit in 2017.

Hence, option (b).

CAT 2018 Slot 2 DILR Q11: The brand that had the highest profit in 2017 is: — Solution | TheCATExam