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CAT 2024 Question Paper | DILR Slot 1

CAT Previous Year Paper | CAT DILR Questions | Question 17

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 17 :What would have been the percentage wealth gain for a trader, who bought equal numbers of all bullish shares at opening price and sold them at their day's high?

  1. 100%
  2. 80%
  3. 72%
  4. 50%

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The question is "What would have been the percentage wealth gain for a trader, who bought equal numbers of all bullish shares at opening price and sold them at their day's high?"

Hence, the answer is '80%'

Choice B is the correct answer.

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