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Group Question Answer the following question based on the information given below.
The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.
Q.
For Q1 of the next year, the income is the average quarterly income of the previous year and the expenditure is the average quarterly expenditure of the previous year. What is the profit generated (in Rs. crores) in Q1 of the next year?
  • a)
    0.75
  • b)
    0.85
  • c)
    1.02
  • d)
    2.08
  • e)
    0.35 
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Group Question Answer the following question based on the information ...
Average quarterly income of previous year = 
Average quarterly  expenditure of previous year = 
∴ Profit in Q1 of next year = 4.375 - 3.525 = Rs. 0.85 crores
Hence, option 2.
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Group Question Answer the following question based on the information given below.The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.Q.For Q1 of the next year, the income is the average quarterly income of the previous year and the expenditure is the average quarterly expenditure of the previous year. What isthe profit generated (in Rs. crores) in Q1 of the next year?a)0.75b)0.85c)1.02d)2.08e)0.35Correct answer is option 'B'. Can you explain this answer?
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Group Question Answer the following question based on the information given below.The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.Q.For Q1 of the next year, the income is the average quarterly income of the previous year and the expenditure is the average quarterly expenditure of the previous year. What isthe profit generated (in Rs. crores) in Q1 of the next year?a)0.75b)0.85c)1.02d)2.08e)0.35Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Group Question Answer the following question based on the information given below.The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.Q.For Q1 of the next year, the income is the average quarterly income of the previous year and the expenditure is the average quarterly expenditure of the previous year. What isthe profit generated (in Rs. crores) in Q1 of the next year?a)0.75b)0.85c)1.02d)2.08e)0.35Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Group Question Answer the following question based on the information given below.The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.Q.For Q1 of the next year, the income is the average quarterly income of the previous year and the expenditure is the average quarterly expenditure of the previous year. What isthe profit generated (in Rs. crores) in Q1 of the next year?a)0.75b)0.85c)1.02d)2.08e)0.35Correct answer is option 'B'. Can you explain this answer?.
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