CAT 2025 Slot 3 Question Paper with Solutions – Page 17
All 64 questions of CAT 2025 Slot 3. Tap Show answer, or open the detailed solution (free login). Page 17 of 17.
Questions 18–22 share this
Three countries — Pumpland (P), Xiland (X) and Cheeseland (C) — trade among themselves and with the (other countries in) Rest of World (ROW). All trade volumes are given in IC (international currency). The following terminology is used:
• Trade balance = Exports – Imports
• Total trade = Exports + Imports
• Normalized trade balance = Trade balance / Total trade, expressed in percentage terms
The following information is known.
1. The normalized trade balances of P, X and C are 0%, 10%, and –20%, respectively.
2. 40% of exports of X are to P. 22% of imports of P are from X.
3. 90% of exports of C are to P; 4% are to ROW.
4. 12% of exports of ROW are to X, 40% are to P.
5. The export volumes of P, in IC, to X and C are 600 and 1200, respectively. P is the only country that exports to C.
• Trade balance = Exports – Imports
• Total trade = Exports + Imports
• Normalized trade balance = Trade balance / Total trade, expressed in percentage terms
The following information is known.
1. The normalized trade balances of P, X and C are 0%, 10%, and –20%, respectively.
2. 40% of exports of X are to P. 22% of imports of P are from X.
3. 90% of exports of C are to P; 4% are to ROW.
4. 12% of exports of ROW are to X, 40% are to P.
5. The export volumes of P, in IC, to X and C are 600 and 1200, respectively. P is the only country that exports to C.
How much is exported from C to X, in IC?
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Answer: 48
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How much is exported from P to ROW, in IC?
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Answer: 200
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How much is exported from ROW to ROW, in IC?
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Answer: 1008
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What is the trade balance of ROW?
- 200
- 0
- 100
- -200
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Answer: A. 200
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Which among the countries P, X, and C has/have the least total trade?
- Only P
- Only C
- Only X
- Both X and C
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Answer: D. Both X and C