# IPMAT Question Paper 2020 | IPM Indore Quants

###### IPMAT Sample Paper | IPMAT Question Paper | Question 28

IPMAT 2020 Question Paper IPM Indore Quantitative Ability. Solve questions from IPMAT 2020 Question Paper from IPM Indore and check the solutions to get adequate practice. The best way to ace IPMAT is by solving IPMAT Question Paper. To solve other IPMAT Sample papers, go here: IPM Sample Paper

Question 28 : The difference between the quoted buy and sell price of a stock is referred to as the spread of the stock. The average spread of the stocks is lowest on

1. Monday
2. Tuesday
3. Thursday
4. Friday

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Day Monday Tuesday Wednesday Thursday Friday
Monday = $$frac{$462 - 460$+(346 - 345)+(1933 - 1931) + (238 - 237) + (3046 - 3044)}{5})
= $$frac{2 + 1+ 2 + 1 + 2}{5}$ = $\frac{8}{5}$ Tuesday = $\frac{$458 - 455$+(336 -335)+(1955 -1952) + (239 -238) + (3101 - 3100)}{5})
= $$frac{3 + 1 + 3 + 1 +1}{5}$ = $\frac{9}{5}$ Thursday = $\frac{$447 - 444$+(375 -372)+(2048 -2044) + (225 -221) + (3027 - 3025)}{5})
= $$frac{3 + 3 + 4 + 4 + 2}{5}$ = $\frac{16}{5}$ Friday = $\frac{$462 - 461$ + (374 -372)+(1969 -1966) + (256 - 253) + (3144 - 3140)}{5})