Comprehension
Answer the questions on the basis of the data presented in the figure below
Question: 1
During 1996-2002, the number of commodities that exhibited a net overall increase and net overall decrease, respectively were:
During 1996-2002, the number of commodities that exhibited a net overall increase and net overall decrease, respectively were:
Show Hint
When analyzing trends over time, identify the general direction of price changes by looking at the slope of the lines.
Updated On: Aug 1, 2025
- 3 and 3
- 2 and 4
- 3 and 4
- 5 and 1
Show Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
From the graph, we can observe the prices of commodities over the years and analyze the trend lines:
- Rice, Edible oil, and Onion prices showed a net overall increase.
- Dal, Egg, and Chillies showed a net overall decrease in prices.
Thus, the number of commodities exhibiting a net increase is 3, and those showing a decrease is 4.
- Dal, Egg, and Chillies showed a net overall decrease in prices.
Thus, the number of commodities exhibiting a net increase is 3, and those showing a decrease is 4.
Was this answer helpful?
0
0
Question: 2
The number of commodities that experienced a price decline for two or more consecutive years is:
The number of commodities that experienced a price decline for two or more consecutive years is:
Show Hint
Look for downward trends in the graph where a commodity experiences continuous declines for consecutive years.
Updated On: Aug 1, 2025
- 2
- 3
- 4
- 5
Show Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
From the chart, we can identify the commodities that experienced a price decline for consecutive years:
- Dal and Onion showed a decline for two or more consecutive years.
Thus, 3 commodities experienced a price decline for two or more years.
Thus, 3 commodities experienced a price decline for two or more years.
Was this answer helpful?
0
0
Question: 3
For which commodities did a price increase immediately follow a price decline only once in this period?
For which commodities did a price increase immediately follow a price decline only once in this period?
Show Hint
Carefully track price changes over the years to identify commodities where a price increase followed a decline.
Updated On: Aug 1, 2025
- Rice, edible oil and dal
- Egg and dal
- Onion only
- Egg and onion
Show Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
From the graph, we observe the following:
- Both Egg and Onion experienced a price decline followed by a price increase only once during the period.
Thus, the Correct Answer is Egg and Onion.
Was this answer helpful?
0
0
Top CAT Questions
- Compare and contrast between Portia and Jessica characters in Merchant of Venice.
- In a triangle ABC,AB=AC=8cm. A circle drawn with BC as diameter passes through A. Another circle drawn with center at A passes through B and C. Then the area,in sq.cm,of the overlapping region between the two circles is
- The simple interest accrued on an amount of Rs.25,000 at the end of three years is Rs.7,500. What would be the compound interest accrued on the same amount at the same rate in the same period?
- What is the sum of all roots of the equation \(|x+4|^2–10|x+4|=24\)?
- A solid metal sphere is melted and smaller spheres of equal radii are formed. 10% of the volume of the sphere is lost in the process. The smaller spheres have a radius which is \(\frac{1}{9}\text{th}\) the larger sphere. If 10 litres of paint were needed to paint the larger sphere,how many litres are needed to paint all the smaller spheres?
View More Questions