Financial Problems (CAT (Common Admission Test for IIMs) Quantitative Aptitude): Questions 1 - 5 of 69

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Question number: 1

» Financial Problems » Profit and Loss

MCQ▾

Question

A seller busy 4 kg of salt of type I at Rs. 5 per kg and 6 kg of type II for Rs. 4 per kg he mixes the two types. At that price must he sell each kg of salt to gain 5 % on the whole?

Choices

Choice (4) Response

a.

Rs. 4.8

b.

Rs. 4.62

c.

Rs. 4.3

d.

Rs. 4.1

Passage

Some data is given below. You need to study the data and answer the question that follows:

Akbar wanted to buy 100 shares of Tata & Sons. Birbal told him that market is going to crash and as soon as price starts falling, Akbar should start accumulating the shares. Akbar bought 20 shares when market fall from 9200 to 8800 at 40/share. 2 weeks later, market fall from 8800 to 8400 and he bought 40 more shares at 35/share. One month down the line market hit a new bottom at 8000 and therefore, Akbar accumulated 40 more shares at 25/share. Currently market is touching 10,000 and Tata & Sons is trading at 50/share.

Question number: 2 (1 of 2 Based on Passage) Show Passage

» Financial Problems » Shares and Stocks

MCQ▾

Question

If Akbar plans to sell all the stocks at the current market price, then, find his rate of return on the amount invested?

Choices

Choice (4) Response

a.

b.

c.

d.

Question number: 3 (2 of 2 Based on Passage) Show Passage

» Financial Problems » Shares and Stocks

MCQ▾

Question

What is the ratio of the bottom of the market to the new high of the market?

Choices

Choice (4) Response

a.

4: 3

b.

4: 5

c.

5: 4

d.

2: 3

Question number: 4

» Financial Problems » Simple and Compound Interest

MCQ▾

Question

Vimal wants to invest in a plan where he can get some interest every six months. For this, he visits at the main branch of ABC Bank Private Limited, which is situated at New Delhi. He meets Mr Jha at New Delhi office and he shows him a scheme where one gets percent in six months, then, return for investing in next six months and so on. If Vimal plans to invest thousand initially for a month long contract, then, find the amount of interest generated for Vimal at the end of months?

Choices

Choice (4) Response

a.

7060

b.

None of the above

c.

6260

d.

5060

Question number: 5

» Financial Problems » Income and Expenditures

MCQ▾

Question

Raju earns 162000 yearly. In his first month, he spends 40 % on rent and 50 % on food and saves of the amount he spent. Similarly, in the next two months he did the same. From fourth month, his salary increased by and he saved starting from fifth month onwards. Find his total savings?

Choices

Choice (4) Response

a.

22400

b.

22200

c.

22000

d.

22800

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