Question Number: #Com5948

The table below presents the revenue (in million rupees) of four firms in three states. These firms, Honest Ltd., Aggressive Ltd., Truthful Ltd. and Profitable Ltd. are disguised in the table as A, B, C and D, in no particular order.

States

Firm A

Firm B

Firm C

Firm D

UP

49

82

80

55

Bihar

69

70

70

65

MP

72

63

72

65

Further, it is known that:

In the state of MP, Truthful Ltd. has the highest market share.
Aggressive Ltd. ’s aggregate revenue differs from Honest Ltd. ‘s by Rs. 5 million.

What can be said regarding the following two statements?

Statement 1: Profitable Ltd. has the lowest share in MP market.
Statement 2: Honest Ltd‘s total revenue is more than Profitable Ltd.


Options:
A.) If statement 1 is true then Statement 2 is necessarily true.
B.) If statement 1 is true then Statement 2 is necessarily false.
C.) Both Statement 1 and Statement 2 are true.
D.) Neither Statement 1 nor Statement 2 is true.


Answer is option : B

Question Related Topics:
Data Interpretation & Logical Reasoning

Question Prepared By:


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