Financial Problems (CAT (Common Admission Test for IIMs) Quantitative Aptitude): Questions 6 - 8 of 69

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Question number: 6

» Financial Problems » Profit and Loss

MCQ▾

Question

Karmayog Central Ltd is inviting applications from entrepreneurs who have an idea or in the intital stage of their startups and are looking for people who can fund them. A, B & C have recently started their venture RS Enterprises and are into manufacturing of clothes and delivering the same to the retail exchange houses. With the help of family and friends, A started investing Rs. 10,000, for B it was 12000 and 15000 for C. Three months, down the line A increased his investment by 30% & C decreased his investment by 20%. If A gets 20 % of the share (for operating the business) before distributing it equally in the ratio of their investment, then, how much amount is received by A if final profit is 5,550?

Choices

Choice (4) Response

a.

1470

b.

2580

c.

4440

d.

1110

Question number: 7

» Financial Problems » Profit and Loss

MCQ▾

Question

A man gains Rs. 25 on selling a horse at a profit of 12.5 % and dog at a loss of 8.33%. However, if he sells a horse at a loss of 8.33 % and a dog at a gain of 12.5%, then, he earns as much the sum at which he has bought the horse and cow. Find the profit/loss % of horse, if he sells it at the same price what he gets on selling the dog at 20 % profit?

Choices

Choice (4) Response

a.

09.09%

b.

14.28%

c.

20%

d.

11.11%

Question number: 8

» Financial Problems » Shares and Stocks

MCQ▾

Question

Akbar and Birbal were employed by RBI to build their new campus in a lush green area of 4000 acres in a small district of Maharashtra nearby Pune. They both with their workers started working on the different parts of the building. Akbar & Birbal’s workers were employed on daily wages. Akbar’s workers 22 days salary was same as Birbal’s workers 33 days salary. Due to shortage of funds, now Akbar & Birbal don’t have sufficient money to pay to the workers. They both decided to collect raise money by floating their shares on. BSE & the amount collected from there can be used for R&D and a portion can be used to pay to the workers. If the sum of money collected from listing of stock equals to Akbar’s workers 33 days salary is paid to both Akbar’s as well as Birbal’s workers, then, it will consist of daily wages of how many days?

Choices

Choice (4) Response

a.

days

b.

days

c.

days

d.

days

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