in Logical Reasoning edited by
273 views
0 votes
0 votes

Answer the following question based on the information given below:

The table below presents the revenue (in million  rupees) of four firms in three states. These firms, Honest Ltd., Aggressive Ltd., Truthful Ltd., and Profitable Ltd., are disguised in the table as A, B, C and D in no particular order.

States

Firm A

Firm B

Firm C

Firm D

UP

49

82

80

55

Bihar

69

72

70

65

MP

72

63

72

65

Further, it is known that,

  • In the state of MP, Truthful Ltd, has the highest market share.
  • Aggressive Ltd’s aggregate revenue differs from  Honest Ltd’s by Rs. $5$ million.

What can be said regarding the following two statements? Statement $1:$ Aggressive Ltd’s lowest revenues are from MP. Statement $2:$ Honest Ltd’s lowest revenues are from Bihar.

  1. ​If Statement $1$ is true then Statement $2$ is necessarily false.
  2. If Statement $1$ is false  then Statement $2$ is necessarily true.
  3. If Statement $1$ is true then Statement $2$ is necessarily true.
  4. None of the above.
in Logical Reasoning edited by
13.4k points
273 views

Please log in or register to answer this question.

Related questions

Quick search syntax
tags tag:apple
author user:martin
title title:apple
content content:apple
exclude -tag:apple
force match +apple
views views:100
score score:10
answers answers:2
is accepted isaccepted:true
is closed isclosed:true