Group QuestionAnswer the following question based on the information given below.Panaroma Farming Company who were in the farming business had purchased six farms, F1, F2......F6, for three of its core businesses, Fruits, Poultry and Fishery. To cater to all the local requirements, it started all its three activities on all of its farms simultaneously. Compared to 2014, the overall profitability in 2015 grew by 18%. The table below shows the growth of profit for each area of business in percentage when compared to 2014.Q. In the year 2014, what could have been the maximum profit percentage from the Poultry business of F4? (Round off your answer to one decimal point)Correct answer is '61.9'. Can you explain this answer?

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Answer the following question based on the information given below.

Panaroma Farming Company who were in the farming business had purchased six farms, F1, F2......F6, for three of its core businesses, Fruits, Poultry and Fishery. To cater to all the local requirements, it started all its three activities on all of its farms simultaneously. Compared to 2014, the overall profitability in 2015 grew by 18%. The table below shows the growth of profit for each area of business in percentage when compared to 2014.

Q. In the year 2014, what could have been the maximum profit percentage from the Poultry business of F4? (Round off your answer to one decimal point)

Correct answer is '61.9'. Can you explain this answer?

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We are supposed to maximise the contribution of profit from Poultry business, let us assume the contribution from one of the other areas as zero and find out the contribution from Poultry area.
As is evident from figure 1, the share of Poultry in F4 will be 13/21 = 61.9%, whereas in figure 2 it will be 4/12 = 33.33%
The maximum contribution of Poultry in the overall profitability of F4 will be 61.9% Answer: 61.9

Alternatively,

Let Poultry2014, Fishery2014 and Fruit2014 be the profits of poultry, fishery and fruit in the year 2014 and Poultry2015, Fishery2015 and Fruit2015 be the profits of poultry, fishery and fruit in 2015.
Poutry2015 = 1.36 x Poultry2014 Fishery2015 = 1.15 x Fishery2014 Fruit2015 = 1.24 x Fruit2014
Now, 1.28 x (Poultry2014 + Fishery2014 + Fruit2014) = Poultry2015 + Fishery2015 + Fruit2015
1.28 x Poultry2014 + 1.28 x Fishery2014 + 1.28 x Fruit2014 = 1.36 x Poultry2014 + 1.15 x Fishery2014 + 1.24 x Fruit2014
Therefore 0.13 x Fishery2014 + 0.04 x Fruit2014 = 0.08 x Poultry2014

Case 1: Putting Fruit2014 = 0: (Poultry2014/Fishery2014) = 13/8 Contribution of Poultry in F4 in the year 2014 = 13/21 x 100 = 61.9%

Case 2: Putting Fishery2014 = 0: (Poultry2014/Fruit2014) = 4/8 Contribution of Poultry in F4 in the year 2014 = 4/12 x 100 = 33.33%

Maximum contribution of Poultry in F4 in the year 2014 = 61.9%
Answer: 61.9

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Group QuestionAnswer the following question based on the information given below.Panaroma Farming Company who were in the farming business had purchased six farms, F1, F2......F6, for three of its core businesses, Fruits, Poultry and Fishery. To cater to all the local requirements, it started all its three activities on all of its farms simultaneously. Compared to 2014, the overall profitability in 2015 grew by 18%. The table below shows the growth of profit for each area of business in percentage when compared to 2014.Q. In the year 2014, what could have been the maximum profit percentage from the Poultry business of F4? (Round off your answer to one decimal point)Correct answer is '61.9'. Can you explain this answer?

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Group QuestionAnswer the following question based on the information given below.Panaroma Farming Company who were in the farming business had purchased six farms, F1, F2......F6, for three of its core businesses, Fruits, Poultry and Fishery. To cater to all the local requirements, it started all its three activities on all of its farms simultaneously. Compared to 2014, the overall profitability in 2015 grew by 18%. The table below shows the growth of profit for each area of business in percentage when compared to 2014.Q. In the year 2014, what could have been the maximum profit percentage from the Poultry business of F4? (Round off your answer to one decimal point)Correct answer is '61.9'. 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 QuestionAnswer the following question based on the information given below.Panaroma Farming Company who were in the farming business had purchased six farms, F1, F2......F6, for three of its core businesses, Fruits, Poultry and Fishery. To cater to all the local requirements, it started all its three activities on all of its farms simultaneously. Compared to 2014, the overall profitability in 2015 grew by 18%. The table below shows the growth of profit for each area of business in percentage when compared to 2014.Q. In the year 2014, what could have been the maximum profit percentage from the Poultry business of F4? (Round off your answer to one decimal point)Correct answer is '61.9'. 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 QuestionAnswer the following question based on the information given below.Panaroma Farming Company who were in the farming business had purchased six farms, F1, F2......F6, for three of its core businesses, Fruits, Poultry and Fishery. To cater to all the local requirements, it started all its three activities on all of its farms simultaneously. Compared to 2014, the overall profitability in 2015 grew by 18%. The table below shows the growth of profit for each area of business in percentage when compared to 2014.Q. In the year 2014, what could have been the maximum profit percentage from the Poultry business of F4? (Round off your answer to one decimal point)Correct answer is '61.9'. Can you explain this answer?.

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