CAT 2024 Slot 1 DILR Set 4 Q14–Q17

A DILR caselet from the Data Interpretation & Logical Reasoning (DILR) section of CAT 2024 Slot 1, with 4 questions (Charts & Tables). Answers are CAT's official key.

The set

This set relies on a figure in the original paper, which is not reproduced here. The questions and answers are below.

The chart below shows the price data for seven shares – A, B, C, D, E, F, and G as a candlestick plot for a particular day. The vertical axis shows the price of the share in rupees. A share whose closing price (price at the end of the day) is more than its opening price (price at the start of the day) is called a bullish share; otherwise, it is called a bearish share. All bullish and bearish shares are shown in green and red colour respectively.
[Figure in the original paper]

Question 14

Daily Share Price Variability (SPV) is defined as (Day's high price - Day's low price) / (Average of the opening and closing prices during the day). Which among the shares A, C, D and F had the highest SPV on that day?
  1. A
    A
  2. B
    F
  3. C
    D
  4. D
    C

Answer: (C) D Charts & Tables MCQ

Solution

  1. Reading the candles as (open, close, high, low): A (2200, 1800, 2400, 1200), B (2000, 1700, 2000, 1400), C (800, 1200, 1400, 800), D (500, 1000, 1200, 300), E (1300, 1100, 1400, 1100), F (1800, 1600, 2000, 1200), G (1200, 1700, 1900, 1000). C, D and G are bullish (green).
  2. SPV: A \(= \frac{1200}{2000} = 0.6\), C \(= \frac{600}{1000} = 0.6\), D \(= \frac{900}{750} = 1.2\), F \(= \frac{800}{1700} \approx 0.47\).
  3. D has the highest SPV.

Shortcut. D has a large range on a very low average price, which clearly dominates the others.

Question 15

Daily Share Price Variability (SPV) is defined as (Day's high price - Day's low price) / (Average of the opening and closing prices during the day). How many shares had an SPV greater than 0.5 on that day?

TITA: type in the answer. There are no options and no negative marking.

Answer: 4 Charts & Tables TITA

Solution

  1. Reading the candles as (open, close, high, low): A (2200, 1800, 2400, 1200), B (2000, 1700, 2000, 1400), C (800, 1200, 1400, 800), D (500, 1000, 1200, 300), E (1300, 1100, 1400, 1100), F (1800, 1600, 2000, 1200), G (1200, 1700, 1900, 1000). C, D and G are bullish (green).
  2. SPV: A 0.6, B \(\frac{600}{1850} \approx 0.32\), C 0.6, D 1.2, E \(\frac{300}{1200} = 0.25\), F \(\approx 0.47\), G \(\frac{900}{1450} \approx 0.62\).
  3. A, C, D and G exceed 0.5, which gives 4.

Question 16

Daily loss for a share is defined as (Opening price – Closing price) / (Opening price). Which among the shares A, B, F and G had the highest daily loss on that day?
  1. A
    B
  2. B
    G
  3. C
    F
  4. D
    A

Answer: (D) A Charts & Tables MCQ

Solution

  1. Reading the candles as (open, close, high, low): A (2200, 1800, 2400, 1200), B (2000, 1700, 2000, 1400), C (800, 1200, 1400, 800), D (500, 1000, 1200, 300), E (1300, 1100, 1400, 1100), F (1800, 1600, 2000, 1200), G (1200, 1700, 1900, 1000). C, D and G are bullish (green).
  2. Loss: A \(= \frac{400}{2200} \approx 18.2\%\), B \(= \frac{300}{2000} = 15\%\), F \(= \frac{200}{1800} \approx 11.1\%\). G is bullish, so it has no loss.
  3. A has the highest daily loss.

Question 17

What would have been the percentage wealth gain for a trader, who bought equal numbers of all bullish shares at opening price and sold them at their day's high?
  1. A
    100%
  2. B
    80%
  3. C
    72%
  4. D
    50%

Answer: (B) 80% Charts & Tables MCQ

Solution

  1. Reading the candles as (open, close, high, low): A (2200, 1800, 2400, 1200), B (2000, 1700, 2000, 1400), C (800, 1200, 1400, 800), D (500, 1000, 1200, 300), E (1300, 1100, 1400, 1100), F (1800, 1600, 2000, 1200), G (1200, 1700, 1900, 1000). C, D and G are bullish (green).
  2. Buy one each of C, D and G at open: \(800 + 500 + 1200 = 2500\). Sell at the highs: \(1400 + 1200 + 1900 = 4500\).
  3. Gain \(= \frac{2000}{2500} = 80\%\).

More Charts & Tables questions from CAT

All 130 Charts & Tables questions asked since 2017.