DIRECTIONS for the question:Study the following Graph andamp; table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

CAT Exam > CAT Questions > DIRECTIONS for the question:Study the followi...

Join the Discussion on the App

DIRECTIONS for the question:
Study the following Graph & table given below and answer the question that follows.
The following table shows the exchange rates and interest rates of currency of various countries.

CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.

Q. Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)

1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.

2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.

3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.

a)
Transaction 1
b)
Transaction 2
c)
Transaction 3
d)
All three transactions have the same profit.

Correct answer is option 'B'. Can you explain this answer?

FREE This question is part of

CAT Practice Test - 10

Attempt Test

Attempt this Test

Verified Answer

DIRECTIONS for the question:Study the following Graph & table give...

Transaction I:
Loan + Interest given (in NIS)
= 0,05 x 1.o1
= 0.0505 million NIS
= US$ (O. 0505/4.33) million
Now. 0.025 million NIS
= US$ (0,025/4.33) million
= (0.025 x 11.1)/4.33 million MXN
Output from Mexico
= (0.025 X 11.1 x 1.05)/4.33 million MXN
= US$ (0.025 * 1.05)/4.33 million.
Now, 0.025 million NIS
= US$ (0.025/4.33) million
= (0.025x 1.84)/4.33 million
HUF Output from Hungary
= (0.025 x 184 x 1.07)/4.33 million HUF
= US$ (0.025 x 1.07)/4.33 million

Transaction II:
Loan + Interest given (in EGP)
= 0.05 x 1.009
= 0.05495 million EGP
=US$ (0.05495/5.81) million
= (0.05 *43.6) / 5.8l million INR
Output from India = (0.05 x 43.6 x 1.199 )/5.81 million INR = (0.05 x 1.199)/5.81 = US$(0.05995/5.81) million.

Transaction III:
Loan + Interest given (in KRW)
= 0.05 x 1.0355
= 0.051775 million KRW
= US$ (0.051775/1008) million
0.01 million KRW
= US$ (0.0l/l008) million
= (0.01 x 9284)/1008 million IDR
Output from Indonesia
= (0.01 x 9284 x 1.01)/1008 million IDR
=US$( 0.0101/1008)
Again 0.01 million KRW
= US$ (0.01/1008) million
= (0.01 x 30.8)/1008 million TWD
Output from Taiwan
= (0.01 x 30.8 x 1.02)/1008 million TWD
= (0.01 x1.02)/1008= US$ (0.0102/1008) million
Similarly output from Venezuela
= US$ (0.0103/1008) million
Output from Russia = US$ (0.0104/1008) million and Turkey = US$ (0.0105/1008) million.

Total output = US$ (0.0515/1008)

Here the total output is less than the total of Loan and Interest, so this transaction will yield a loss.
So transaction II gives maximum profit.

View all questions of this test

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for CAT exam

Similar CAT Doubts

Read the information given below and answer the question that follows.The RMAG Bank issues “Life Time Free” Platinum credit cards to customers, subject to the following conditions: The statement is generated on the 15th of each month and the total amount on the statement is due on the 30th of each month. Customers have an option of paying the entire amount mentioned in the statement or a minimum amount of 10% of the total or Rs. 1000, whichever is higher. A flat late fee of Rs. 500 is levied if the minimum payment for each statement is not paid. In case the entire amount mentioned in the statement is not paid on or before the due date, the balance attracts interest of 3% per month from the date of transaction in the first statement and from the previous statement date for subsequent statements. There is a service tax of 12.5% on any late fees or interest charged. The last payment must include the interest upto the date of payment.The bank calculates its profit as the sum of all late fees and interest charged till the total amount has been paid off. For the purpose of the following questions, assume each month to be made up of 30 days.Q.Ravi bought a phone worth 45,000 on his RMAG Bank Platinum credit card and called the bank to convert the transaction to 3 installments since there was no service tax applicable on the installment scheme. The bank charges a flat fee of 3% of transaction value as processing fees that is paid up front. The value of the transaction is divided into 3 equal parts due after 1, 2 and 3 months respectively. Each of these parts attracts simple interest of 3% per month till the date of payment. How much more did Ravi pay for his phone?

View answer

Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?

View answer

A shopkeeper sells a pen to a buyer at a loss of 12%. The same buyer sells the pen to another buyer at a loss of 11 % on the new price. The new buyer then sells it at a loss of 10% and so on. The value of the loss decreases by 1 percentage point for each transaction. After how many such transactions will the price of the pen be less than 60% of its original value?

View answer

Two persons A and B started running simultaneously from a point P, around a circular track of length 1000 m, in opposite directions, with speeds of 4 m/s and 1 m/s respectively. The moment they crossed each other, two more persons, C and D, started from P towards A and B respectively, C running around the track in the direction opposite to A, with a speed of 1 m/sec and D running around the track, in the direction opposite to B, with a speed of 4 m/sec. Which of the following is a possible time when A, B, C and D will all meet at the same point on the track? (Assume that they continue indefinitely to run around the track in their respective directions).

View answer

In the question below, a sentence is given with four words highlighted in bold. One of these four words may either be wrongly spelt or inappropriate in the context of the sentence. Find out the word, which is wrongly spelt or inappropriate, if any. If all the words are correctly spelt and appropriate in the context of the sentence, mark (E) as your answer.To increase security of card (credit and debit) transactions the Reserve Bank of India has direction all banks to give card users the facility to themselves enable/disable their cards for different types of use--online, physical, contact-less domestically or internationally.

View answer

Top Courses for CATView all

Quantitative Aptitude (Quant)

Crash Course for CAT

CAT Mock Test Series 2024

Mock Test Series for SNAP

Mock Test Series for XAT

Top Courses for CAT

View all

DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct 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 DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct 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 DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer?.

Solutions for DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. 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 DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice DIRECTIONS for the question:Study the following Graph & table given below and answer the question that follows.The following table shows the exchange rates and interest rates of currency of various countries.CAFECAFE Ltd., takes a loan of 0.1 million BRL (Brazilian Real) on 2nd March 2003 for one year from Brazil. It then purchases the coffee seeds from the local market at the rate of 4 BRL per kg of all the borrowed amount, spends US$ 1000 on transportation and refines the seeds in a plant in United States. It gets 0.8 kg of refined coffee for each kg of coffee seed. Refining costs US$ 3 per kg of coffee seed. The Company then sells the refined coffee in the market all over the world.Q.Which of the following transactions gives the maximum profit? (Use the currency rates and interest rates as on 2nd March 2004)1. Take a loan of 0.05 million NIS(New Sheqel) from Israel then change half the amount to MXN(Mexican Peso)and invest it at the rate of 5% per annum for one year in Mexico and change the rest amount to HUF(Hungarian Forint) and invest it at the rate of 7% per annum for one year in Hungary.2. Take a loan of 0.05 million EGP(Egyptian Pound) from Egypt change in INR(Indian Rupees) and invest it at the rate of 19.9% per annum for one year in India.3. Take a loan of 0.05 million KRW(South Korean Won) and invest the amount in 5 equal parts in Indonesia, Taiwan, Venezuela, Russia and Turkey at the rate of 1%, 2%, 3%, 4% and 5% respectively.a)Transaction 1b)Transaction 2c)Transaction 3d)All three transactions have the same profit.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.

Explore Courses for CAT exam