Site navigation

The following table 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…

Question and options

The following table 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.

Day Monday Tuesday Wednesday Thursday Friday
Quote Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy
Dabur 460 462 455 458 432 433 444 447 461 462
Marico 345 346 335 336 365 368 372 375 372 374
HUL 1931 1933 1952 1955 1979 1981 2044 2048 1966 1969
ITC 237 238 238 239 246 251 221 225 253 256
Britannia 3044 3046 3100 3101 3110 3115 3025 3027 3140 3144


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
  1. 2.80 percent
  2. 3.00 percent
  3. 3.20 percent
  4. 3.40 percent

Answer and explanation

Correct answer: C - 3.20 percent
Buy HUL Monday at the buy price 1933, sell Wednesday at the sell price 1979; buy Britannia Wednesday at 3115, sell Friday at 3140. Growth factor = (1979/1933) x (3140/3115) = 1.02380 x 1.00803 = 1.0320, a return of about 3.20 percent (integer share rounding barely changes this).

Practice for these exams

  • IPMAT Indore

Related question papers

Related exam syllabi

More solved explanations in Data interpretation