Comprehension

Read the information given below and answer the 3 associated questions. During 2015-2019, the revenues of four companies P-S were as follows:
 Revenue(in Rs. Lakhs )
YearPQRS
2015150125150100
2016175140160120
2017200180180140
2018250210200170
2019250220240180

Question: 1

Which of the given companies has seen the highest year-on-year growth (in percentage) in any single year during this five-year period?

Updated On: Aug 9, 2024
  • P
  • There was a tie among multiple companies
  • R
  • Q
  • S
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The Correct Option is D

Solution and Explanation

The correct option is (D):Q .
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Question: 2

It was discovered later that one of the companies misreported its revenue of one of the years. If the misreported revenue is replaced by the correct revenue, the revenues of that company over the five-year period will be in an arithmetic progression. The company that misreported its revenue was

Updated On: Aug 9, 2024
  • R or S
  • S only
  • P or R
  • P or S
  • P only
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The Correct Option is D

Solution and Explanation

The correct option is (D):P or S .
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Question: 3

During the period from 2014 to 2015, the revenue increased by 25% for three of the companies and by 50% for the remaining company. The total increase in revenue, for all four companies put together, was Rs. 125 lakhs.
Which of the following CANNOT be true?

Updated On: Aug 21, 2024
  • From 2014 to 2015, the increases in revenues of at least two companies were the same
  • The revenue of Q in 2014 was the same as the revenue of R in 2014
  • The company that experienced the 50% increase in revenue also experienced the maximum increase in revenue in absolute terms
  • The 2014 revenues of P and R cannot be determined uniquely
  • From 2014 to 2015, the revenues of P and R increased by different amounts
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The Correct Option is A

Solution and Explanation

The correct option is (A):From 2014 to 2015, the increases in revenues of at least two companies were the same.
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