Q38. An investor wants to buy stock of only steel or cement companies with a turnover more than 1000 and profit exceeding 10% of turnover. How many choices are available to the investor?

(a) 4

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(b) 5

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(d) 7

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Solution

The correct option is B
(b) 5

B)
He has 5 choices (3 Steel companies + 2 Cement companies).

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Each point in the graph below shows the profit and turnover data for a company. Each company belongs to one of the three industries: textile, cement and steel.

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Q38. An investor wants to buy stock of only steel or cement companies with a turnover more than 1000 and profit exceeding 10% of turnover. How many choices are available to the investor?

The correct option is B (b) 5 B) He has 5 choices (3 Steel companies + 2 Cement companies).

The correct option is B
(b) 5

B)
He has 5 choices (3 Steel companies + 2 Cement companies).