Data Interpretation – Set – There are only four brands of entry

The following set contains four questions related to Data Interpretation. Choose the best answer to each question.

There are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.

Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year 2016 are given in the table below



In 2017, sales volume of entry level smartphones grew by 40% as compared to that in 2016. Cxqi offered a 40% discount on its unit selling price in 2017, which resulted in a 15% increase in its market share. Each of the other three brands lost 5% market share. However, the profitability of Cxqi came down to half of its value in 2016. The unit selling prices of the other three brands and their profitability values remained the same in 2017 as they were in 2016.

Q 1. The brand that had the highest revenue in 2016 is:

a) Cxqi
b) Bysi
c) Dipq
d) Azra

Q 2. The brand that had the highest profit in 2016 is:

a) Dipq
b) Azra
c) Cxqi
d) Bysi

Q 3. The brand that had the highest profit in 2017 is:

a) Bysi
b) Azra
c) Dipq
d) Cxqi

Q 4. The complete list of brands whose profits went up in 2017 from 2016 is:

a) Azra, Bysi, Cxqi
b) Bysi, Cxqi, Dipq
c) Cxqi, Azra, Dipq
d) Azra, Bysi, Dipq

Solution:
For question number 1 and 2: Let the total market size in 2016 be 100x units. The sales of Azra, Bysi, Cxqi and dipq would be 40x,25x,15x and 20x units respectively.
So the revenue of Azra = 40x × 15,000 = 6,00,000x ,
profit = 10% of 6,00,000x = 60,000x
Revenue of Bysi = 25x ×20,000 = 5,00,000x
Profit = 30% of 500000x = 1,50,000x
Revenue of Cxgi = 15x × 30,000 = 4,50,000x
Profit = 40 % of 4,50,000x = 1,80,000x
Revenue of Dipq = 20x × 25,000 = 5,00,000x
Profit = 30 % of 5,00,000x = 1,50,000x

1. the for the year brand with the highest revenue is Azra.
Answer : d) Azra
2. maximum profit is 1,80,000 for Cxgi.
Answer: c) Cxgi
For question number 3 and 4: In 2017 Sales volume increased by 40% as compare to sales volume in 2016 so new sales volume = 140x and similarly market share of Cxgi went up by 15% point and others get down by 5 percentage point. The information can be tabulated as given bellow (Profit and revenue can be calculated as previous question )
Total Sales volume = 140x

Brand	Market Share (%)	Selling price	Profitability	Revenue	Profit
Azra	35	15,000	10	7,35,000x	73,500x
Bysi	20	20,000	30	5,60,000x	1,68,000x
Cxgi	30	18,000	20	7,56,000x	1,51,200x
Dipq	15	25,000	30	5,25,000x	1,57,500x

3. the profit is the highest for Bysi .
Answer: a) Bysi
4. The profits increased for Azra (60,000 to 73,500) for Bysi (1,50,000 to 1, 68,000) and Dipq (1,50,000 to 1,57,500)
Answer: d) Azra, Bysi, Dipq

Other posts related to Data Interpretation and Logical Reasoning

Games and Tournaments for CAT Exam Logical Reasoning – Part 1
How to solve logical reasoning problems based on team selection and group formation?
Coded Inequality – Tips and Tricks to Solve Questions in Logical Reasoning
How to solve Logical Reasoning questions based on Ranking and Ordering
Logical Reasoning Basics – How to solve coin picking / matchstick related problems?
Basics of Data Interpretation – Approximation
Application of Quantitative Ability Concepts in Logical Reasoning Puzzles and Data Interpretation Sets
Cube Based Puzzles in Logical Reasoning for CAT Exam Preparation
How to prepare for LRDI
How to prepare for Logical Reasoning
How to Prepare for Data Interpretation

---

---

---