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Direction: Answer the following question based on the information given below.
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.
In how many months was the cost of production of one unit of the soft drink definitely less than that in June?
  • a)
    4
  • b)
    7
  • c)
    6
  • d)
    8
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Direction: Answer the following question based on the information giv...
We need to compare each of the three indices in the months (other than June) with those in the month of June.
If at least one index in a month was less than that in June and the other indices were equal then we can say that the cost in that month was definitely less than that in June. We get the following months by observation: April, July, August, September, November and January i.e. 6 months.
Hence, the correct option is (C).
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Direction: Answer the following question based on the information given below.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.In how many months was the cost of production of one unit of the soft drink definitely less than that in June?a)4b)7c)6d)8Correct answer is option 'C'. Can you explain this answer?
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Direction: Answer the following question based on the information given below.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.In how many months was the cost of production of one unit of the soft drink definitely less than that in June?a)4b)7c)6d)8Correct 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 Direction: Answer the following question based on the information given below.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.In how many months was the cost of production of one unit of the soft drink definitely less than that in June?a)4b)7c)6d)8Correct 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 Direction: Answer the following question based on the information given below.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.In how many months was the cost of production of one unit of the soft drink definitely less than that in June?a)4b)7c)6d)8Correct answer is option 'C'. Can you explain this answer?.
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