Test Index

MAT Exam 2023 Paper

Question Numbers: 121-125

SECTION-D : Data Analysis & Sufficiency

DIRECTIONS (Qs. 121-125): Attempt the question based on the bar charts, which give the details of Rights and Public Issues Floated and Amount Raised by Indian Companies.

Question : 124 of 200

Marks: +1, -0

If a persons invested ₹ 200 crore in 2002-03 to obtain X number of rights issues and invested the same amount to obtain Y number of public issues during the same year, then the value of

(\mathrm{X}-\mathrm{Y})

was nearly

6
-4
-8
8

Validate

Solution:

Concept:

The number of issues obtainable for ₹200 crore is proportional to the number of issues floated per rupee of amount raised.

Explanation:

From the bar chart for the year 2002-03:

Rights issues floated

= 131

and amount raised

= ₹378

crore.

Public issues floated

= 751

and amount raised

= ₹2462

crore.

For ₹200 crore invested in rights issues:

X = \frac{131}{378} \times 200 \approx 69.3 \approx 69

For ₹200 crore invested in public issues:

Y = \frac{751}{2462} \times 200 \approx 61.0 \approx 61

Hence,

X - Y = 69 - 61 = 8

Answer:

The value is nearly

8

, i.e., option D.

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