How to solve XAT 2022 - Qadi Question 19?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in XAT exams.

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XAT 2022 - Qadi Question 19

This is a detailed step-by-step solution for XAT 2022 - Qadi Question 19. Understand the concept, common mistakes, and expert tips to solve similar questions in XAT exam.

XAT 2022 - QADI

Going by the cases in the option for the five days :
Day 1 : (Opening price, Closing Price ) : (2365, 2395)
Day 2 : (Opening price, Closing Price ) : ( 2395, 2425 )
Day 6 : (Opening price, Closing Price ) : ( Closing price is lower than the opening price )
Day 7 : (Opening price, Closing Price ) : ( Closing price is lower than the opening price )
Day 10 : (Opening price, Closing Price ) : (2277.5, 2292.5)
The percentage increase for day 1 : 1.26 %
The percentage increase for day 2 : 1.252 %
The percentage increase for day 10 : 0.65%
Hence Day 1 is the highest

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