XAT 2012 — QA & DI Question 3
Answer the following question based on the information given below.
The following graphs shows the revenue (in $ million) of three companies in their initial six years of operations, in an economy which is characterized by a persistent inflation.
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In 2010, which could be a valid statement about the revenues (adjusted for inflation) of these three companies?
Answer & solution
- A
Revenues of all three companies were equal.
- B
Revenues of all three companies could be equal.
- C
Revenue of Yahoo was definitely less than Facebook which was definitely less than Google.
- D
Total of Yahoo and Facebook was definitely higher than that of Google.
None of the above.
No data has been given in the question as to which year amongst the given years in the graph is 2010.
Hence this question is incorrect.
Note: By trial and error method, let us assume all the years one by one to be 2010.
Revenues of all the three companies are not equal in any of the 6 years and hence option A and B are incorrect.
Revenues of Google were less than that of Facebook and Yahoo in the first three years mentioned in the graph and hence option C is also incorrect.
Total of Yahoo and Facebook was less than Google in the fifth year shown in the graph and so option D is also wrong.
If this question needs to be compulsorily answered, then option E, none of the above would be the correct one.
However this doesn’t refute the fact that this question is an incorrect one as data about the regarding which year represents 2010 is not given.
Hence, option (e).