XAT Quant Based DI Questions

Instructions

Read the following scenario and answer the THREE questions that follow.
An investment company, WinLose, recruits employees to trade in the share market. For newcomers, they have a one-year probation period. During this period, the employees are given Rs. 1 lakh per month to invest the way they see fit. They are evaluated at the end of every month, using the following criteria:
1. If the total loss in any span of three consecutive months exceeds Rs. 20,000, their services are terminated at the end of that 3-month period,
2. If the total loss in any span of six consecutive months exceeds Rs. 10,000, their services are terminated at the end of that 6-month period.
Further, at the end of the 12-month probation period, if there are losses on their overall investment, their services are terminated.
Ratan, Shri, Tamal and Upanshu started working for WinLose in January. Ratan was terminated after 4 months, Shri was terminated after 7 months, Tamal was terminated after 10 months, while Upanshu was not terminated even after 12 months. The table below, partially, lists their monthly profits (In Rs. ‘000) over the 12-month period, where x, y and z are masked information.
Note:
1. A negative profit value indicates a loss.
2. The value in any cell is an integer.
Illustration: As Upanshu is continuing after March, that means his total profit during January-March (2z+2z+0) ≥ ─ Rs.20,000. Similarly, as he is continuing after June, his total profit during January-June ≥ ─ Rs.10,000, as well as his total profit during April-June ≥ ─ Rs.20,000.

image (40)
Question 1

What BEST can be said about the value of x?

Instructions

Read the following scenario and answer the THREE questions that follow.
An investment company, WinLose, recruits employees to trade in the share market. For newcomers, they have a one-year probation period. During this period, the employees are given Rs. 1 lakh per month to invest the way they see fit. They are evaluated at the end of every month, using the following criteria:
1. If the total loss in any span of three consecutive months exceeds Rs. 20,000, their services are terminated at the end of that 3-month period,
2. If the total loss in any span of six consecutive months exceeds Rs. 10,000, their services are terminated at the end of that 6-month period.
Further, at the end of the 12-month probation period, if there are losses on their overall investment, their services are terminated.
Ratan, Shri, Tamal and Upanshu started working for WinLose in January. Ratan was terminated after 4 months, Shri was terminated after 7 months, Tamal was terminated after 10 months, while Upanshu was not terminated even after 12 months. The table below, partially, lists their monthly profits (In Rs. ‘000) over the 12-month period, where x, y and z are masked information.
Note:
1. A negative profit value indicates a loss.
2. The value in any cell is an integer.
Illustration: As Upanshu is continuing after March, that means his total profit during January-March (2z+2z+0) ≥ ─ Rs.20,000. Similarly, as he is continuing after June, his total profit during January-June ≥ ─ Rs.10,000, as well as his total profit during April-June ≥ ─ Rs.20,000.

image (40)
Question 2

What BEST can be said about the value of y?

Instructions

Read the following scenario and answer the THREE questions that follow.
An investment company, WinLose, recruits employees to trade in the share market. For newcomers, they have a one-year probation period. During this period, the employees are given Rs. 1 lakh per month to invest the way they see fit. They are evaluated at the end of every month, using the following criteria:
1. If the total loss in any span of three consecutive months exceeds Rs. 20,000, their services are terminated at the end of that 3-month period,
2. If the total loss in any span of six consecutive months exceeds Rs. 10,000, their services are terminated at the end of that 6-month period.
Further, at the end of the 12-month probation period, if there are losses on their overall investment, their services are terminated.
Ratan, Shri, Tamal and Upanshu started working for WinLose in January. Ratan was terminated after 4 months, Shri was terminated after 7 months, Tamal was terminated after 10 months, while Upanshu was not terminated even after 12 months. The table below, partially, lists their monthly profits (In Rs. ‘000) over the 12-month period, where x, y and z are masked information.
Note:
1. A negative profit value indicates a loss.
2. The value in any cell is an integer.
Illustration: As Upanshu is continuing after March, that means his total profit during January-March (2z+2z+0) ≥ ─ Rs.20,000. Similarly, as he is continuing after June, his total profit during January-June ≥ ─ Rs.10,000, as well as his total profit during April-June ≥ ─ Rs.20,000.

image (40)
Question 3

What BEST can be said about the profit generated by Upanshu at the end of his probation period?

Instructions

Read the following scenario and answer the THREE questions that follow.

Brijbhushan, a microfinancier, lends money at the rate of Rs.10 per square meter to small farmers at a village. He charges an annual interest rate of 10%. All the farming plots in that village are rectangular, with areas varying between a minimum of 1000 square meters and a maximum of 10,000 square meters.

This year, Brijbhushan has lent money only to five farmers: Aditya, Binod, Chhuttan, Dabloo and Govind. The perimeter of Chhuttan’s plot is 250 meters, with the length and width being at a ratio of 4:1. Aditya’s plot has an area three times the area of Govind’s plot. The area of Aditya’s plot is also the average of the areas of Govind’s plot and Dabloo’s plot. The plots belonging to Aditya, Binod and Dabloo are of the same width, but of different lengths. Moreover, the length of Binod’s plot is the sum of the lengths of Aditya’s plot and Dabloo’s plot.

Question 4

What is the interest owed by Chhuttan to Brijbhushan at the end of the year?

Video Solution
Instructions

Read the following scenario and answer the THREE questions that follow.

Brijbhushan, a microfinancier, lends money at the rate of Rs.10 per square meter to small farmers at a village. He charges an annual interest rate of 10%. All the farming plots in that village are rectangular, with areas varying between a minimum of 1000 square meters and a maximum of 10,000 square meters.

This year, Brijbhushan has lent money only to five farmers: Aditya, Binod, Chhuttan, Dabloo and Govind. The perimeter of Chhuttan’s plot is 250 meters, with the length and width being at a ratio of 4:1. Aditya’s plot has an area three times the area of Govind’s plot. The area of Aditya’s plot is also the average of the areas of Govind’s plot and Dabloo’s plot. The plots belonging to Aditya, Binod and Dabloo are of the same width, but of different lengths. Moreover, the length of Binod’s plot is the sum of the lengths of Aditya’s plot and Dabloo’s plot.

Question 5

What is the MAXIMUM possible value of the total loan Brijbhushan has given to these five farmers?

Video Solution
Instructions

Read the following scenario and answer the THREE questions that follow.

Brijbhushan, a microfinancier, lends money at the rate of Rs.10 per square meter to small farmers at a village. He charges an annual interest rate of 10%. All the farming plots in that village are rectangular, with areas varying between a minimum of 1000 square meters and a maximum of 10,000 square meters.

This year, Brijbhushan has lent money only to five farmers: Aditya, Binod, Chhuttan, Dabloo and Govind. The perimeter of Chhuttan’s plot is 250 meters, with the length and width being at a ratio of 4:1. Aditya’s plot has an area three times the area of Govind’s plot. The area of Aditya’s plot is also the average of the areas of Govind’s plot and Dabloo’s plot. The plots belonging to Aditya, Binod and Dabloo are of the same width, but of different lengths. Moreover, the length of Binod’s plot is the sum of the lengths of Aditya’s plot and Dabloo’s plot.

Question 6

If the width of the Aditya’s plot is 25 meters, what is the MINIMUM possible length of Binod’s plot?

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