CAT DILR Questions | CAT Data Sufficiency questions
Comprehension
Directions for Questions: These questions are based on the information given below.
Mark,
(a) If one of the statement is sufficient to answer the question and another is not.
(b) If both the statements can answer the question independently.
(c) Both statements are required to answer the question.
(d) Question cannot be answered.
CAT/2000
Question . 49
Today a person purchases some share and the next day he sells them. In both the transactions, he paid a brokerage of 1% per share. What is the profit per rupee invested?
(I) The selling price of a share is 1.05 times cost price
(II) The no of share he sells is 100
Explanatory Answer
Method of solving this CAT DILR Question from Data Sufficiency question
(a) Statement I gives us the ratio of cost price and selling price. So we can find out the profit percentage which will remain independent of the money invested. Statement II cannot lead to any conclusions.