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IPMAT Indore 2020 PYQsMultiple Choice (Quants). Free, no login required.

Data Interpretation

past year questions, IPMAT Indore 2020

Tabular Data

past year questions, Data Interpretation, IPMAT Indore 2020

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.

DayMondayTuesdayWednesdayThursdayFriday
QuoteSellBuySellBuySellBuySellBuySellBuy
Dabur460462455458432433444447461462
Marico345346335336365368372375372374
HUL1931193319521955197919812044204819661969
ITC237238238239246251221225253256
Britannia3044304631003101311031153025302731403144

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

Solution

✅ 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. 253

So, when sold on Friday, the maximum possible profit would be made.

More from this set:

Question 16

If an investor had Rs 36,00,000 to invest in any particular single stock, and she could buy the stock only on Monday and sell it off only on Friday, then the stock she should buy on Monday to earn the maximum possible profit during the week is

Question 17

If an investor planned to invest Rs 36,00,000 in purchasing the stocks of HUL on Monday, sell them off on Wednesday and use the entire proceeds to purchase the stocks of Britannia on the same day and sell them off again on Friday, then the total investment return during the week would be

Question 18

The difference between the quoted buy and sell price of a stock is referred to as the spread of the stock. The average spread of the stocks is lowest on

Question 19

A brokerage firm charges 0.1 percent trading commission on the value of shares bought or sold through its trading platform. If an investor bought 1000 shares of Britannia on Tuesday, and sold all of them on Thursday, then the total brokerage fee that will be charged from the investor is

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