Do you think the DILR questions that involve a lot of computations to be too much for you? Then start your practice right away from this CAT 2018 question paper problem that tests your computational skills. Percentages as a topic plays a crucial role in data interpretation, and you need to master this topic at any cost. There has been a lot of such questions in the CAT previous year paper where you are asked to compute percentages successively. Now, try this one and bolster your CAT online preparation
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:
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 as they were in 2016.
Question 3 : The brand that had the highest profit in 2017 is :
From the above table, we can see that Bysi had the highest profit in 2017.
The question is "The brand that had the highest profit in 2017 is :"
Choice B is the correct answer.
Copyrights © All Rights Reserved by 2IIM.com - A Fermat Education Initiative.
Privacy Policy | Terms & Conditions
CAT® (Common Admission Test) is a registered trademark of the Indian Institutes of Management. This website is not endorsed or approved by IIMs.
2IIM Online CAT Coaching
A Fermat Education Initiative,
58/16, Indira Gandhi Street,
Kaveri Rangan Nagar, Saligramam, Chennai 600 093
Mobile: (91) 99626 48484 / 94459 38484
WhatsApp: WhatsApp Now
Email: info@2iim.com