CAT 1991 Question Paper

Instructions

 Read the following information and answer the questions that follows: Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1st year, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2nd year, he withdrew the interest and 50% of the remaining amount. After the 3rd year, he withdrew the interest and 50% of the remaining amount. Finally after the 4th year, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.

Question 61

The total interest, in rupees, collected by Ghosh Babu was:

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Instructions

The graph below shows the end of the month market values of 4 shares for the period from January to June. Answer the following questions based on this graph.


Question 62

Which share showed the greatest percentage increase in market value in any month during the entire period?

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Question 63

In which month was the greatest absolute change in market value for any share recorded?

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Question 64

In which month was the greatest percentage increase in market value for any share recorded?

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Question 65

Ram gives Shyam a share of C and a share of D and takes a share of A in return. At which month-end would the Ram's loss from this transaction, be the most?

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Question 66

Ram gives Shyam a share of C and a share of D and takes a share of A in return. What is the maximum loss suffered by Ram from this transaction?

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Instructions

Use the following information: Prakash has to decide whether or not to test a batch of 1000 widgets before sending them to the buyer.
In case he decides to test, he has two options:
a) Use test I ;
b) Use test II.

Test I cost Rs. 2 per widget. However, the test is not perfect. It sends 20% of the bad ones to the buyer as good. Test II costs Rs. 3 per widget. It brings out all the bad ones. A defective widget identified before sending can be corrected at a cost of Rs. 25 per widget. All defective widgets are identified at the buyer's end and penalty of Rs. 50 per defective widget has to be paid by Prakash.

Question 67

Prakash should not test if the number of bad widgets in the lot is:

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Question 68

If there are 120 defective widgets in the lot, Prakash:

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Question 69

If the number of defective widgets in the lot is between 200 and 400, Prakash:

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Question 70

If Prakash is told that the lot has 160 defective widgets, he should:

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