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Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. 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 Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. 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 Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Answer the following questions based on the information given below.Rohit is a passionate farmer and grows soybean in his farm every year. He is also an MBA. Hence, he also knows how to implement cost benefit analysis and how to choose the best possible option to enhance his farming output.His farm, however, is heavily dependent on weather conditions. The three different weather conditions are “Good”, “Decent” and “Bad”. The probabilities of the three weather conditions to occur are 0.3, 0.4 and 0.3 respectively.The price of soybean is fixed at Rs. 3,500/- per ton in the market. Till last year, Rohit used only traditional fertilizers in the farm. However, one of his friends told him about the N-Fertilizer that can greatly increase the output of the soybean crop.The following table explains how the output of the crop increases with the application of N Fertilizer in various weather conditions in a year.Rohit does not know what weather conditions will occur this year. However, he has to decide whether or not he should use the N-Fertilzer. If Rohit does not use the N-Fertilizer, he incurs a cost of Rs. 3,450/- per ton.Q.Rohit bought N-Fertilizer for Rs. 9 lakhs. In the present year, the cost also escalated by Rs. 10 per ton. Which of the following is true about the profit that Rohit could make?a)Decrease by Rs. 40,000b)Increase by Rs. 40,000c)Decrease by Rs. 60,000d)Increase by Rs. 60,000e)None of theseCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.