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DIRECTIONS for the question: Study the following Graph & table given below and answer the question that follows.
The following table provides financial details of 4 companies, A, B, C and D from the same industry. Profitability is defined as profit expressed as a percentage of sales.
Q. Which company has the highest absolute difference between the profitability calculated on the basis of estimated as well as actual values?
  • a)
    Company A
  • b)
    Company B
  • c)
    Company C
  • d)
    Company D
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
DIRECTIONSfor the question:Study the following Graph & table given...
Based on estimated values, 
Profitability of A is 
Profitability of B is 
Profitability of C is 
Profitability of D is 
Based on actual values,
Profitability of A is 
Profitability of B is 
Profitability of C is 
Profitability of D is 
Absolute difference between the estimated and actual profitability for company A is 38.75 – 29.87 = 8.88%;
Absolute difference between the estimated and actual profitability for company B is 31.22 – 26.76 = 4.46%;
Absolute difference between the estimated and actual profitability for company C is 14.74 – 13.18 = 1.63%;
Absolute difference between the estimated and actual profitability for company D is 36.50 – 31.01 = 5.49%.
Thus the absolute difference between the estimated and actual profitability is maximum for company A. 
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DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The following table provides financial details of 4 companies, A, B, C and D from the same industry.Profitabilityis defined as profit expressed as a percentage of sales.Q.Which company has the highest absolute difference between the profitability calculated on the basis of estimated as well as actual values?a)Company Ab)Company Bc)Company Cd)Company DCorrect answer is option 'A'. Can you explain this answer?
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DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The following table provides financial details of 4 companies, A, B, C and D from the same industry.Profitabilityis defined as profit expressed as a percentage of sales.Q.Which company has the highest absolute difference between the profitability calculated on the basis of estimated as well as actual values?a)Company Ab)Company Bc)Company Cd)Company DCorrect answer is option 'A'. 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 DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The following table provides financial details of 4 companies, A, B, C and D from the same industry.Profitabilityis defined as profit expressed as a percentage of sales.Q.Which company has the highest absolute difference between the profitability calculated on the basis of estimated as well as actual values?a)Company Ab)Company Bc)Company Cd)Company DCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The following table provides financial details of 4 companies, A, B, C and D from the same industry.Profitabilityis defined as profit expressed as a percentage of sales.Q.Which company has the highest absolute difference between the profitability calculated on the basis of estimated as well as actual values?a)Company Ab)Company Bc)Company Cd)Company DCorrect answer is option 'A'. Can you explain this answer?.
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