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Following table gives the details about price indices of three ingredients - Lidocen, Cidocen and Didocen that determine the retail price of a popular soft drink - for different months of the financial year 2007. The indices are calculated using the April prices as base prices. It is further known that the contribution by weight of each ingredient in manufacturing the soft drink remains the same throughout the period.
Q. In which month was the cost of production of one unit of the  soft drink the highest?
  • a)
    October
  • b)
    December
  • c)
    August
  • d)
    None of these
  • e)
    Cannot be determined
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Following table gives the details about price indices of three ingredi...
By observation, the index value for each of the three ingredients is highest in the month of December.The cost of production of one unit of the soft drink will be the highest in December.Hence, option 2.
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Following table gives the details about price indices of three ingredients - Lidocen, Cidocen and Didocen that determine the retail price of a popular soft drink - for different months of the financial year 2007. The indices are calculated using the April prices as base prices. It is further known that the contribution by weight of each ingredient in manufacturing the soft drink remains the same throughout the period.Q. In which month was the cost of production of one unit of the soft drink the highest?a)Octoberb)Decemberc)Augustd)None of thesee)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?
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Following table gives the details about price indices of three ingredients - Lidocen, Cidocen and Didocen that determine the retail price of a popular soft drink - for different months of the financial year 2007. The indices are calculated using the April prices as base prices. It is further known that the contribution by weight of each ingredient in manufacturing the soft drink remains the same throughout the period.Q. In which month was the cost of production of one unit of the soft drink the highest?a)Octoberb)Decemberc)Augustd)None of thesee)Cannot be determinedCorrect 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 Following table gives the details about price indices of three ingredients - Lidocen, Cidocen and Didocen that determine the retail price of a popular soft drink - for different months of the financial year 2007. The indices are calculated using the April prices as base prices. It is further known that the contribution by weight of each ingredient in manufacturing the soft drink remains the same throughout the period.Q. In which month was the cost of production of one unit of the soft drink the highest?a)Octoberb)Decemberc)Augustd)None of thesee)Cannot be determinedCorrect 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 Following table gives the details about price indices of three ingredients - Lidocen, Cidocen and Didocen that determine the retail price of a popular soft drink - for different months of the financial year 2007. The indices are calculated using the April prices as base prices. It is further known that the contribution by weight of each ingredient in manufacturing the soft drink remains the same throughout the period.Q. In which month was the cost of production of one unit of the soft drink the highest?a)Octoberb)Decemberc)Augustd)None of thesee)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?.
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