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There are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.
Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:

In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.
Q. The brand that had the highest profit in 2016 is:
  • a)
    Bysi
  • b)
    Dipq
  • c)
    Cxqi
  • d)
    Azra
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
InstructionsThere are only four brands of entry level smartphones call...
Let '100x' be the number of smartphones sold in year 2016.
Total revenue generated by Azra = 40x*15000 = Rs. 600000x
Profitability is defined as the profit as a percentage of the revenue. Therefore, profit generated by Azra = *600000x = Rs. 60000x Total revenue generated by Bysi = 25x*20000 = Rs. 500000x
Profit generated by Bysi = 
Total revenue generated by Cxqi = 15x*30000 = Rs. 450000x
Profit generated by Cxqi = 
Total revenue generated by Dipq = 20x*25000 = Rs. 500000x
Profit generated by Dipq = 
We can see that profit generated by Cxqi is the highest among all four brands. Hence, option C is the correct answer.
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InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer?
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InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. 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 InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer?.
Solutions for InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice InstructionsThere are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below:In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.Q.The brand that had the highest profit in 2016 is:a)Bysib)Dipqc)Cxqid)AzraCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
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