CAT 2024 Question Paper | DILR Slot 1

CAT Questions

CAT 2024 DILR did not have a change in pattern. Atleast two sets were doable in each slot and one of the four sets was extremely tough. Choice of Sets became a crucial factor. Overall this section was at a medium to high level of difficulty.

The chart below shows the price data for seven shares – A, B, C, D, E, F, and G as a candlestick plot for a particular day. The vertical axis shows the price of the share in rupees. A share whose closing price (price at the end of the day) is more than its opening price (price at the start of the day) is called a bullish share; otherwise, it is called a bearish share. All bullish and bearish shares are shown in green and red colour respectively.

Question 16 : Daily loss for a share is defined as (Opening price – Closing price) / (Opening price). Which among the shares A, B, F and G had the highest daily loss on that day?

---

---

Video Explanation

---

---

Explanatory Answer

	DAY HIGH	DAY LOW	OPENING	CLOSING
A	2400	1200	2200	1800
B	2000	1400	2000	1700
C	1400	800	800	1200
D	1200	300	500	1000
E	1400	1100	1300	1100
F	2000	1200	1800	1600
G	1900	1000	1200	1700

---

The question is "Daily loss for a share is defined as (Opening price – Closing price) / (Opening price). Which among the shares A, B, F and G had the highest daily loss on that day?"

Solution:

Daily loss for A = (2200 - 1800) / 2200 = 400 / 2200 = 0.1818

Daily loss for B = (2000 - 1700) / 2000 = 300 / 2000 = 0.15

Daily loss for F = (1800 - 1600) / 1800 = 200 / 1800 = 0.111

Daily loss for G = (1200 - 1700) / 1200 = -500 / 1200 = -0.416

Share A has highest daily loss on that day among A, B, F and G.

Hence, the answer is 'A'

Choice D is the correct answer.

Verbal Ability for CAT | CAT Reading Comprehension

Verbal Ability for CAT| CAT Para Jumble

Verbal Ability for CAT | CAT Sentence Elimination

Verbal Ability for CAT | CAT Paragraph Completion

Verbal Ability for CAT | CAT Critical Reasoning

Verbal Ability for CAT | CAT Word Usage

Verbal Ability for CAT| CAT Para Summary

Verbal Ability for CAT | CAT Text Completion

Verbal Ability for CAT | CAT Sentence Correction