IPMAT Indore 2020
DILR
Tabular Data
Medium
The table below presents the quoted buy and sell prices of five stocks during the five trading days of a given week. The quoted sell price is the price at which an investor can sell a stock in the market. The quoted buy price is the price at which an investor can buy a stock from the market. All the quoted numbers are in Indian Rupees.
| Day | Monday | Tuesday | Wednesday | Thursday | Friday | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Quote | Sell | Buy | Sell | Buy | Sell | Buy | Sell | Buy | Sell | Buy |
| Dabur | 460 | 462 | 455 | 458 | 432 | 433 | 444 | 447 | 461 | 462 |
| Marico | 345 | 346 | 335 | 336 | 365 | 368 | 372 | 375 | 372 | 374 |
| HUL | 1931 | 1933 | 1952 | 1955 | 1979 | 1981 | 2044 | 2048 | 1966 | 1969 |
| ITC | 237 | 238 | 238 | 239 | 246 | 251 | 221 | 225 | 253 | 256 |
| Britannia | 3044 | 3046 | 3100 | 3101 | 3110 | 3115 | 3025 | 3027 | 3140 | 3144 |
If you had decided to invest Rs.36,00,000 worth of ITC stocks on Monday, then the day of the week you should choose to sell the stocks to earn the maximum possible profit would be
If you had decided to invest Rs.36,00,000 worth of ITC stocks on Monday, then the day of the week you should choose to sell the stocks to earn the maximum possible profit would be
Correct Option: 4
Very simply, we just need to find the day where the sell price of ITC stocks is highest.On Tuesday, it's Rs. 238 On Wednesday, it's Rs. 246 On Thursday, it's Rs. 221 On Friday, it's Rs. 253So, when sold on Friday, the maximum possible profit would be made.
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IPMAT Indore 2020