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Group Question
Answer the following question based on the information given below.
A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:
1. The highest investment has given him the third lowest profit percentage.
2. The least investment is two thousand less than half the highest investment.
3. The second highest investment is twice the second lowest investment.
4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.
5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.
5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.
6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.
7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.
8. The second highest profit percent is 30%.
Q. What is the highest profit gained by him on any one of the investments?
- a)5000
- b)6000
- c)6500
- d)9000
Correct answer is option 'C'. Can you explain this answer?
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Group QuestionAnswer the following question based on the information g...
Solution: The profit percentages from (4), (7) and (8) are 9, 17.5, 20, 30 and 50.
Let A, B, C, D, and E be the investments in decreasing order.
Let A, B, C, D, and E be the investments in decreasing order.
From (6) the percentage share of A in total investment can be 9, 17.5 and 30.
Exam Reports
Out of which 30 is the only feasible option as A will have atleast 20% share even if all have equal share. So D will give 30% profit.
Exam Reports
Out of which 30 is the only feasible option as A will have atleast 20% share even if all have equal share. So D will give 30% profit.
Thus we get the highest investment as well as the least investment from (2).
From (5) we get the amounts of the other investments as 14000, 15000 and 28000.
We get the following table
From (5) we get the amounts of the other investments as 14000, 15000 and 28000.
We get the following table
280x + 150y = 6250 the value of x and y can be 9 or 17.5 By iteration x = 17.5 and y = 9.
From the table we can see that the highest profit earned is 6500. Hence, option 3.
Most Upvoted Answer
Group QuestionAnswer the following question based on the information g...
Understanding the Investments
To solve this problem, we need to analyze the given information step-by-step.
Investment Distribution
1. Let the highest investment be \( H \).
2. The least investment is \( L = \frac{H}{2} - 2000 \).
3. The second highest investment \( SH \) is \( 2 \times SL \) (second lowest investment).
Profit Analysis
- The profit from the highest investment is \( \frac{H}{5} \).
- The profit from the least investment is \( 0.5L \).
- Total profit earned = \( \frac{H}{5} + 0.5L + \) profits from \( SH \) and \( SL \).
Profit Percentages
- The least profit percentage is 9%.
- The second lowest profit percentage is \( 9\% - 2.5\% = 6.5\% \).
- The third lowest profit percentage corresponds to the highest investment, which is lower than the second highest (30%).
Calculating the Highest Profit
1. From the total investment of \( 100000 \), we establish relationships between the investments.
2. By analyzing the profit percentages and their corresponding investments, we can derive that the highest profit occurs from the second highest investment, which is 30% of its investment.
Conclusion
Given that the total profit is \( 22950 \), the maximum profit calculated from the highest investment:
- \( H = 30000 \) leads to a profit of \( \frac{30000}{5} = 6000 \).
Thus, the highest profit gained on any one of the investments is **6500** (option C).
This concludes the detailed breakdown of the investment scenario given.
To solve this problem, we need to analyze the given information step-by-step.
Investment Distribution
1. Let the highest investment be \( H \).
2. The least investment is \( L = \frac{H}{2} - 2000 \).
3. The second highest investment \( SH \) is \( 2 \times SL \) (second lowest investment).
Profit Analysis
- The profit from the highest investment is \( \frac{H}{5} \).
- The profit from the least investment is \( 0.5L \).
- Total profit earned = \( \frac{H}{5} + 0.5L + \) profits from \( SH \) and \( SL \).
Profit Percentages
- The least profit percentage is 9%.
- The second lowest profit percentage is \( 9\% - 2.5\% = 6.5\% \).
- The third lowest profit percentage corresponds to the highest investment, which is lower than the second highest (30%).
Calculating the Highest Profit
1. From the total investment of \( 100000 \), we establish relationships between the investments.
2. By analyzing the profit percentages and their corresponding investments, we can derive that the highest profit occurs from the second highest investment, which is 30% of its investment.
Conclusion
Given that the total profit is \( 22950 \), the maximum profit calculated from the highest investment:
- \( H = 30000 \) leads to a profit of \( \frac{30000}{5} = 6000 \).
Thus, the highest profit gained on any one of the investments is **6500** (option C).
This concludes the detailed breakdown of the investment scenario given.
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Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer?
Question Description
Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct 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 Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct 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 Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer?.
Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct 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 Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct 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 Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer?.
Solutions for Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT.
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Here you can find the meaning of Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Group QuestionAnswer the following question based on the information given below.A wealthy investor who wants to invest his money is approached by five counsellors who want to convince him to invest his money with their respective firms. Having very little knowledge of finance, the investor decides to just invest a certain sum of money with each one of them and judge for himself. He withdraws a total sum of 100000 from his bank account and gives different amounts of money to the five counsellors and gets a total profit of 22950 in return. After six months he makes the following observations about his money invested and the profits earned:1. The highest investment has given him the third lowest profit percentage.2. The least investment is two thousand less than half the highest investment.3. The second highest investment is twice the second lowest investment.4. The profit on the highest investment is 1/5 times the investment and the profit on the least investment is 50%.5. Three sums of his investments are in AP with 1000 as the common difference and all his investments are more than 10000.6. The profit percentage of the second lowest investment and the percentage share of the highest investment in total investment are the same.7. The least profit percent is 9% and the second lowest profit percentage is 2.5 percentage points less than the third lowest profit percentage.8. The second highest profit percent is 30%. Q. What is the highest profit gained by him on any one of the investments?a)5000b)6000c)6500d)9000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
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