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Answer the following question based on the information given below.
A survey was conducted among 100 investors to ask about their investment mode among Equity market, Mutual funds, and Property investment.
I. 25 investors don’t invest in any of three modes.
II. 3 investors invest in all three modes of investments.
III. 48 investors invest in property or equity market but don’t invest in mutual funds.
 
Q.How many investors invested in mutual funds? (Refer previous questions if needed) 
  • a)
    17
  • b)
    19
  • c)
    27
  • d)
    Data insufficient.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Answer the following question based on the information given below.A s...
From the solution to the first question of the set, Number of investors who invested in mutual funds = b + d + f + g = 24 + 3 = 27 Hence, option 3.
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Most Upvoted Answer
Answer the following question based on the information given below.A s...
Given information:
- A survey was conducted among 100 investors to ask about their investment mode among Equity market, Mutual funds, and Property investment.
- 25 investors don't invest in any of the three modes.
- 3 investors invest in all three modes of investments.
- 48 investors invest in property or equity market but don't invest in mutual funds.

Calculating the number of investors in each mode:
Let's calculate the number of investors in each investment mode using the given information.

Investors who invest in at least one mode = 100 - 25 (investors who don't invest in any of the three modes) = 75

Investors who invest in property or equity market but don't invest in mutual funds:
= Total investors in property or equity market - Investors who invest in all three modes
= (Investors who invest in property or equity market + Investors who invest in property and equity market) - 3
= (Investors who invest in property or equity market + 48) - 3
= Investors who invest in property or equity market + 45

Investors who invest in mutual funds:
= Investors who invest in at least one mode - Investors who invest in property or equity market but don't invest in mutual funds
= 75 - (Investors who invest in property or equity market + 45)

Calculating the number of investors who invest in mutual funds:
Since we don't have the exact numbers for the investors who invest in property or equity market, we cannot determine the exact number of investors who invest in mutual funds. Hence, the data provided is insufficient to answer the question.

Answer: Data insufficient (option d)
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Answer the following question based on the information given below.A survey was conducted among 100 investors to ask about their investment mode among Equity market, Mutual funds, and Property investment.I. 25 investors dont invest in any of three modes.II. 3 investors invest in all three modes of investments.III. 48 investors invest in property or equity market but dont invest in mutual funds.Q.How many investors invested in mutual funds? (Referprevious questions if needed)a)17b)19c)27d)Data insufficient.Correct answer is option 'C'. Can you explain this answer?
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Answer the following question based on the information given below.A survey was conducted among 100 investors to ask about their investment mode among Equity market, Mutual funds, and Property investment.I. 25 investors dont invest in any of three modes.II. 3 investors invest in all three modes of investments.III. 48 investors invest in property or equity market but dont invest in mutual funds.Q.How many investors invested in mutual funds? (Referprevious questions if needed)a)17b)19c)27d)Data insufficient.Correct 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 Answer the following question based on the information given below.A survey was conducted among 100 investors to ask about their investment mode among Equity market, Mutual funds, and Property investment.I. 25 investors dont invest in any of three modes.II. 3 investors invest in all three modes of investments.III. 48 investors invest in property or equity market but dont invest in mutual funds.Q.How many investors invested in mutual funds? (Referprevious questions if needed)a)17b)19c)27d)Data insufficient.Correct 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 Answer the following question based on the information given below.A survey was conducted among 100 investors to ask about their investment mode among Equity market, Mutual funds, and Property investment.I. 25 investors dont invest in any of three modes.II. 3 investors invest in all three modes of investments.III. 48 investors invest in property or equity market but dont invest in mutual funds.Q.How many investors invested in mutual funds? (Referprevious questions if needed)a)17b)19c)27d)Data insufficient.Correct answer is option 'C'. Can you explain this answer?.
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