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Directions: Read the following passage carefully and answer the question given below.
An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.
What amount has the investor lost in the month of April?
  • a)
    Rs. 10, 000
  • b)
    Rs. 12, 000
  • c)
    Rs. 14, 000
  • d)
    Rs. 14, 000
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Directions: Read the following passage carefully and answer the quest...
Let the amount invested by the investor on January 1, 2004, be Rs. x
Amount returned at the end of the month = Amount invested on February 1, 2004
= x + 0.25 × x
= 1.25x
The amount received at the end of February = Amount invested on March 1, 2004
= 1.25x - 1.25x × 0.20
= x
Amount received at the end of March = Amount invested on April 1, 2004
= x + x × 0.20
= 1.2x
Amount received at the end of April with a loss of 10% = Rs. 1,08,000
= 1.20x - 1.20x × 0.10 = 1,08,000
= 1.08x = 1,08,000
= x = 1,00,000
Therefore, amount invested on January 1, 2004 = Rs. 1,00,000
Amount received at the end of March = 1.2x
⇒ 1.2x = 1.2 × 1,00,000 = 1,20,000
So, the amount received at the end of March = Rs. 1,20,000 = Amount invested in April
Amount received at the end of April with a loss of 10%= Rs. 1,08,000
Loss = 1,20,000 - 1,08,000 = Rs. 12,000
Hence, the correct option is (B).
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Most Upvoted Answer
Directions: Read the following passage carefully and answer the quest...
Given information:
An investor invested a certain amount of money into shares on January 1, 2004.
- At the end of January, he sold all his shares and earned a profit of 25%.
- On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February.
- On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it.
- On April 1, 2004, he again invested his entire money into shares.
- At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.

To find:
The amount the investor lost in the month of April.

Solution:
Let's assume the initial investment amount as Rs. 100.

January:
- The investor sold all his shares and earned a profit of 25%.
- So, the amount he earned = Rs. 100 + 25% of Rs. 100 = Rs. 100 + Rs. 25 = Rs. 125.

February:
- The investor reinvested the entire amount (Rs. 125) into shares and experienced a loss of 20%.
- So, the amount he had at the end of February = Rs. 125 - 20% of Rs. 125 = Rs. 125 - Rs. 25 = Rs. 100.

March:
- The investor invested the entire amount (Rs. 100) into a company and earned a profit of 20%.
- So, the amount he had at the end of March = Rs. 100 + 20% of Rs. 100 = Rs. 100 + Rs. 20 = Rs. 120.

April:
- The investor invested the entire amount (Rs. 120) into shares and earned Rs. 108,000 at the end of the month, incurring a loss of 10%.
- So, the amount he had at the end of April = Rs. 108,000 + 10% of Rs. 108,000 = Rs. 108,000 + Rs. 10,800 = Rs. 118,800.

Loss:
- The initial investment amount was Rs. 100.
- The amount at the end of April was Rs. 118,800.
- So, the loss = Rs. 118,800 - Rs. 100 = Rs. 118,700.

Therefore, the investor lost Rs. 12,000 in the month of April (option B).
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Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer?
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Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct 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: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct 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: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer?.
Solutions for Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct 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: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage carefully and answer the question given below.An investor invested a certain amount of money into shares on January 1, 2004. At the end of January, he sold all his shares and earned a profit of 25%. On February 1, 2004, he reinvested his entire amount into the shares which he sold at the end of January and experienced a loss of 20%, when sold at the end of February. On March 1, 2004, he again invested his entire amount in a company and at the end of the month, he earned a profit of 20% by selling it. On April 1, 2004, he again invested his entire money into shares. At the end of the month, he sold his shares and earned Rs. 1,08,000, incurring a loss of 10%.What amount has the investor lost in the month of April?a)Rs. 10, 000b)Rs. 12, 000c)Rs. 14, 000d)Rs. 14, 000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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