The table below presents the revenue (in million rupees) of four firms in three states. These firms, F1, F2., F3. And F4. are disguised in the table as A, B, C and D, in no particular order.

 

States

Firm A

Firm B

Firm C

Firm D

S1

49

82

80

55

S2

69

72

70

65

S3

72

63

72

65

 

Further, it is known that:

In the state of S3, F3. has the highest market share.

F2.'s aggregate revenue differs from F2.'s by Rs. 5 Crore.

If F4.'s lowest revenue is from S1, then which of the following is true?

Option 1 - <p>F3.’s lowest revenues are from S3.</p>
Option 2 - <p>F3.’s lowest revenues are from S2.</p>
Option 3 - <p>F3.’s lowest revenues are from S1.</p>
Option 4 - <p>No definite conclusion is possible.</p>
1 Views|Posted 7 months ago
Asked by Shiksha User
1 Answer
P
7 months ago
Correct Option - 3
Detailed Solution:

Profitable can be either A or D. Then aggressive and honest has to be B and C. Hence, truthful is A or D. And for both A and D the lowest revenue is from S1

Thumbs Up IconUpvote Thumbs Down Icon

Similar Questions for you

From the 1st statement: B2 is now as old as B3 was in the past. Hence B2 is younger to B3 or B2 < B3. Also sometime in the past B1 was twice as old as B4. So B1 is elder to B4 or B1 > B4. B3 will be as old as B5 in future, hence B3 < B5. The second statement suggests: B1 > B6. B1 was as old as B7 in the past. Hence B1 > B7. B4 will be as old as B6 in future. Hence B6 > B4. B6 will be as old as B7 now in future. Hence B7 > B6

...Read more

Taking an Exam? Selecting a College?

Get authentic answers from experts, students and alumni that you won't find anywhere else.

On Shiksha, get access to

66K
Colleges
|
1.2K
Exams
|
6.9L
Reviews
|
1.8M
Answers

Learn more about...

DILR Prep Tips for MBA 2025

DILR Prep Tips for MBA 2025

View Exam Details

Most viewed information

Summary

Share Your College Life Experience

Didn't find the answer you were looking for?

Search from Shiksha's 1 lakh+ Topics

or

Ask Current Students, Alumni & our Experts

Have a question related to your career & education?

or

See what others like you are asking & answering