CAT Question Paper | Arrangements Slot
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Question :

 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?

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Option C is the correct answer.

Explanatory Answer

Daily loss for a share is defined as (Opening price - Closing price) / (Opening price)

Stock G gained money that day
Hence Stock A has the highest Daily Loss.

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