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CAT 1999 | Question: 147

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Answer the question based on the following information.

These questions are based on the price fluctuations of four commodities — arhar, pepper, sugar and gold during February-July $1999$ as described in the figures below.

Mr X, a fund manager with an investment company invested $25\%$ of his funds in each of the four commodities at the beginning of the period. He sold the commodities at the end of the period. His investments in the commodities resulted in

  1. $17\%$ profit
  2. $5.5\%$ loss
  3. No profit, no loss
  4. $5.4\%$ profit

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