Question

If the maximum profit earned by selling one share of any company was Rs.3, then the minimum profit earned by selling one share of any company was:

• A. Rs.1.5
• B. Rs. 0.5
• C. Rs. 2
• D. Rs. 1

Answer 1

The correct option is D Rs. 1

We can observe that the maximum and the minimum profit per share is obtained by selling NTPC share and Tata share respectively.

Let the total number of shares for the month of August 2007 be x and the total profit earned in that month be Rs. Y.

For NTPC share/profit = $\frac{15}{10}$ = $\frac{3}{2}$ = 1.5 this carries a value of Rs.3, which is the maximum.

For Tata the Share/Profit is $\frac{4}{8}$ = 0.5 this should carry a value of Rs.1

Hence (d).