The tax rates for various income slabs are given below.

There are 15 persons working in an organization. Out of them, 3 to 5 persons are falling in each of the income slabs mentioned above. Which of the following is the correct tax range of the 15 persons? (E.g. If one is earning Rs. 2000, the tax would be:

500 × 0 + 1500 ×0.05)

correct answer:-**1**

Amitabh picks a random integer between 1 and 999, doubles it and gives the result to Sashi. Each

time Sashi gets a number from Amitabh, he adds 50 to the number, and gives the result back to Amitabh, who doubles the number again. The first person, whose result is more than 1000, loses the game. Let ‘x’ be the smallest initial number that results in a win for Amitabh. The sum of the digits of ‘x’ is:

correct answer:-**3**

Three Vice Presidents (VP) regularly visit the plant on different days. Due to labour unrest, VP (HR) regularly visits the plant after a gap of 2 days. VP (Operations) regularly visits the plant after a gap of 3 days. VP (Sales) regularly visits the plant after a gap of 5 days. The VPs do not deviate from their individual schedules. CEO of the company meets the VPs when all the three VPs come to the plant together. CEO is on leave from January 5 th to January 28 th , 2012. Last time CEO met the VPs on January 3, 2012. When is the next time CEO will meet all the VPs ?

correct answer:-**3**

based on the following information.

From a group of 545 contenders, a party has to select a leader. Even after holding a series of meetings, the politicians and the general body failed to reach a consensus. It was then proposed that all 545 contenders be given a number from 1 to 545. Then they will be asked to stand on a podium in a circular arrangement, and counting would start from the contender numbered 1. The counting would be done in a clockwise fashion. The rule is that every alternate contender would be asked to step down as the counting continued, with the circle getting smaller and smaller, till only one person remains standing. Therefore the first person to be eliminated would be the contender numbered 2.

Which position should a contender choose if he has to be the leader?

correct answer:-**2**

based on the following information.

From a group of 545 contenders, a party has to select a leader. Even after holding a series of meetings, the politicians and the general body failed to reach a consensus. It was then proposed that all 545 contenders be given a number from 1 to 545. Then they will be asked to stand on a podium in a circular arrangement, and counting would start from the contender numbered 1. The counting would be done in a clockwise fashion. The rule is that every alternate contender would be asked to step down as the counting continued, with the circle getting smaller and smaller, till only one person remains standing. Therefore the first person to be eliminated would be the contender numbered 2.

One of the contending politicians, Mr. Chanaya, was quite proficient in calculations and could correctly figure out the exact position. He was the last person remaining in the circle. Sensing foul play the politicians decided to repeat the game. However, this time, instead of removing every alternate person, they agreed on removing every 300th person from the circle. All other rules were kept intact. Mr. Chanaya did some quick calculations and found that for a group of 542 people the right position to become a leader would be 437. What is the right position for the

whole group of 545 as per the modified rule?

correct answer:-**3**

OABC is a square where O is the origin and AB = 1. Consider the set of points $$s = {(x_{i},y_{i})}$$ in the square such that $$x_{i}+y_{i}$$≤1. Let $$P (x_{1}, y_{1})$$ and $$Q (x_{2}, y_{2})$$ be two such points. Two operations addition (+) and multiplication (.) on S are defined as

$$P + Q = (x_{1}+x_{2} - x_{1}x_{2},y_{1}y_{2})$$

$$P.Q = (x_{1}x_{2},y_{1}+y_{2} - y_{1}y_{2})$$

For a very large number n, $$P^{n}+ Q^{n}$$ is

correct answer:-**3**

OABC is a square where O is the origin and AB = 1. Consider the set of points $$s = {(x_{i},y_{i})}$$ in the square such that $$x_{i}+y_{i}$$≤1. Let $$P (x_{1}, y_{1})$$ and $$Q (x_{2}, y_{2})$$ be two such points. Two operations addition (+) and multiplication (.) on S are defined as

$$P + Q = (x_{1}+x_{2} - x_{1}x_{2},y_{1}y_{2})$$

$$P.Q = (x_{1}x_{2},y_{1}+y_{2} - y_{1}y_{2})$$

For a very large number n, nP + nQ is

correct answer:-**2**

Answer the questions based on the information given below:

Madhubala Devi, who works as a domestic help, received Rs. 2500 as Deepawali bonus from her employer. With that money she is contemplating purchase of one or more among 5 available government bonds - A, B, C, D and E.

To purchase a bond Madhubala Devi will have to pay the price of the bond. If she owns a bond she receives a stipulated amount of money every year (which is termed as the coupon payment) till the maturity of the bond. At the maturity of the bond she also receives the face value of the bond.

Price of a bond is given by: $$P=[\sum_{t=1}^T\frac{C}{(1+r)^{t}}]+\frac{F}{(1+r)^{t}}$$

where C is coupon payment on the bond. which is the amount of money the holder of the bond receives annually; F is the face value of the bond, which is the amount of money the holder of the bond receives when the bond matures (over and above the coupon payment for the year of maturity); T is the number of years in which the bond matures;

R = 0.25, which means the market rate of interest is 25%.

Among the 5 bonds the bond A and another two bonds mature in 2 years, one of the bonds matures in 3 years, and the bond D matures in 5 years.

The coupon payments on bonds A, E, B, D and C are in arithmetic progression, such that the coupon payment on bond A is twice the common difference, and the coupon payment on bond B is half the price of bond A.

The face value of bond B is twice the face value of bond E, but the price of bond B is 75% more than the price of bond E. The price of bond C is more than Rs. 1800 and its face value is same as the price of bond A. The face value of bond A is Rs. 1000.

Bond D has the largest face value among the five bonds.

The face value of bond E must be

correct answer:-**1**

Answer the questions based on the information given below:

Madhubala Devi, who works as a domestic help, received Rs. 2500 as Deepawali bonus from her employer. With that money she is contemplating purchase of one or more among 5 available government bonds - A, B, C, D and E.

To purchase a bond Madhubala Devi will have to pay the price of the bond. If she owns a bond she receives a stipulated amount of money every year (which is termed as the coupon payment) till the maturity of the bond. At the maturity of the bond she also receives the face value of the bond.

Price of a bond is given by: $$P=[\sum_{t=1}^T\frac{C}{(1+r)^{t}}]+\frac{F}{(1+r)^{t}}$$

where C is coupon payment on the bond. which is the amount of money the holder of the bond receives annually; F is the face value of the bond, which is the amount of money the holder of the bond receives when the bond matures (over and above the coupon payment for the year of maturity); T is the number of years in which the bond matures;

R = 0.25, which means the market rate of interest is 25%.

Among the 5 bonds the bond A and another two bonds mature in 2 years, one of the bonds matures in 3 years, and the bond D matures in 5 years.

The coupon payments on bonds A, E, B, D and C are in arithmetic progression, such that the coupon payment on bond A is twice the common difference, and the coupon payment on bond B is half the price of bond A.

The face value of bond B is twice the face value of bond E, but the price of bond B is 75% more than the price of bond E. The price of bond C is more than Rs. 1800 and its face value is same as the price of bond A. The face value of bond A is Rs. 1000.

Bond D has the largest face value among the five bonds.

Madhubala Devi purchased one or more of the 5 available bonds from her bonus pay and spent the remainder. She made the purchase decision such thather return from the bonds is maximized. Her return

from the bonds is

correct answer:-**3**

Answer the questions based on the information given below:

Madhubala Devi, who works as a domestic help, received Rs. 2500 as Deepawali bonus from her employer. With that money she is contemplating purchase of one or more among 5 available government bonds - A, B, C, D and E.

To purchase a bond Madhubala Devi will have to pay the price of the bond. If she owns a bond she receives a stipulated amount of money every year (which is termed as the coupon payment) till the maturity of the bond. At the maturity of the bond she also receives the face value of the bond.

Price of a bond is given by: $$P=[\sum_{t=1}^T\frac{C}{(1+r)^{t}}]+\frac{F}{(1+r)^{t}}$$

where C is coupon payment on the bond. which is the amount of money the holder of the bond receives annually; F is the face value of the bond, which is the amount of money the holder of the bond receives when the bond matures (over and above the coupon payment for the year of maturity); T is the number of years in which the bond matures;

R = 0.25, which means the market rate of interest is 25%.

Among the 5 bonds the bond A and another two bonds mature in 2 years, one of the bonds matures in 3 years, and the bond D matures in 5 years.

The coupon payments on bonds A, E, B, D and C are in arithmetic progression, such that the coupon payment on bond A is twice the common difference, and the coupon payment on bond B is half the price of bond A.

The face value of bond B is twice the face value of bond E, but the price of bond B is 75% more than the price of bond E. The price of bond C is more than Rs. 1800 and its face value is same as the price of bond A. The face value of bond A is Rs. 1000.

Bond D has the largest face value among the five bonds.

The price of bond C must be

correct answer:-**4**

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