Sign in
Please select an account to continue using cracku.in
↓ →
CAT WhatsApp Group
based on the information given below.
The retail prices of flowers, consumer expenditure on flowers and sales of flowers for the calendar year 2009, in Phoolgaon, a small town with a population of 70000, is summarized in table 3:
Compared to January, the price of carnations in December
Total population = 70000
Average consumer expenditure on Roses and carnations = 47.4
Total expenditure on both carnations and roses = 47.4*70000
= 3318000
Given total expenditure on roses = 1136916
So the total expenditure on carnations = 3318000 - 1136916
= 2181084
Sales of carnations in January = 13848 dozens
Price of carnation per dozen in January =2181084/13848
= 157.5
Similarly In December
Average consumer expenditure on Roses and carnations = 56.4
Total expenditure on both carnations and roses = 56.4*70000
= 3948000
Given total expenditure on roses = 977688
So the total expenditure on carnations = 3948000 - 977688
= 2970312
Sales of carnations = 18859 dozens
Price of carnation per dozen in January =2970312/18859
= 157.5
Therefore the price did not change
Hence E is the correct answer
Click on the Email ☝️ to Watch the Video Solution
Book Free CAT Mentorship
Get personalized CAT strategy from a 99%iler
500+ students mentored
OTP Verification
Enter the 6-digit code sent to your phone
Booking Summary
Enter OTP
Didn't receive the OTP?
Start your IIM journey with the right preparation and crack CAT 2026.
Educational materials for CAT preparation
Ask our AI anything
AI can make mistakes. Please verify important information.
AI can make mistakes. Please verify important information.
91- 6303239042
