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Instructions

DIRECTIONS for the following three questions: Answer the questions on the basis of the information given below.

Each point in the graph below shows the profit and turnover data for a company. Each company belongs to one of the three industries: textile, cement and steel.

Question 19

An investor wants to buy stock of only steel or cement companies with a turnover more than 1000 and profit exceeding 10% of turnover. How many choices are available to the investor?

Solution

There are 3 steel and 2 cement companies with a turnover more than 1000 and profit exceeding 10% of turnover. hence there are 5 choices for the investor.

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