SNAP 2006 Question Paper

Instructions

Study the weekly data table and daily data graph for Toya Motors share prices at the National Stock Exchange and answer the following questions. Toya Motors NSE Share prices for 3 months.

Question 48

The drop in the sales price during October 2005 is approximately

Solution

Price at end of September (near to beginning of october)= 535

Price at the end October = 461

$$% decrease$$ = $$\frac{535-461\ }{535}\times\ 100\%$$

= $$13.83$$%

10% is the closest option 

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