CAT Questions

Q:

A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?

A) Rs. 620 B) Rs. 654
C) Rs. 725 D) Rs. 747
 
Answer & Explanation Answer: A) Rs. 620

Explanation:

Let the C.P of one item is Rs. P
and that of other is Rs. (7500 - P)

According to the data given
C.P = S.P
=> Px(116/100) + (7500-P)x(86/100) = 7500
=> 30P = 105000
=> P = 3500

Required difference between selling prices
= Rs. [(3500/100) x 116] - [(4000/100) x 86]
= 4060-3440
= Rs. 620

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Filed Under: Profit and Loss
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15 15464
Q:

Which of these artist was principally entrusted with the task of 'Illuminating' the original document of the Constitution of India ?

A) Benode Behari Mukherrjee B) Nand lal Bose
C) Abanindranath Tagore D) Ram Kinkar Baij
 
Answer & Explanation Answer: B) Nand lal Bose

Explanation:
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Filed Under: Indian Politics
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54 15450
Q:

Sum of the ages of Rajesh, Suresh, Mahesh and Dinesh is 76 years. 7 years hence, their age ratio is 7:6:5:8. Find Mahesh’s present age ?

A) 17 years B) 13 years
C) 14 years D) 16 years
 
Answer & Explanation Answer: B) 13 years

Explanation:

Given R + S + M + D = 76

=> R+7 : S+7 : M+7 : D+7 = 7:6:5:8

=> Let the ratio = x

=> M+7 = 5x

=> M = 5x-7

=> R = 7x-7

=> S = 6x-7

=> D = 8x-7

=> R + S + M + D = 76

=> 7x-7 + 6x-7 + 5x-7 + 8x-7 = 76

=> 26x - 28 = 76

=> 26x = 104

=> x = 4

=> Mahesh's present age = 5x-7 = 20 - 7 = 13 years.

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Filed Under: Problems on Ages
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23 15419
Q:

The milk and water in two vessels A and B are in the ratio 4:3 and 2:3 respectively. In what ratio the liquids in both the vessels be mixed to obtain a new mixture in vessel c consisting half milk and half water?

A) 8:3 B) 6:7
C) 7:5 D) 11:7
 
Answer & Explanation Answer: C) 7:5

Explanation:

Milk in 1-litre mixture of A = 4/7 litre. 

Milk in 1-litre mixture of B = 2/5 litre. 

Milk in 1-litre mixture of C = 1/2 litre.

 

By rule of alligation we have required ratio X:Y   

   X                  :                 Y  

  4/7                                2/5  

           \                      /

              (Mean ratio)
                   (1/2) 

           /                      \

 (1/2 – 2/5)     :       (4/7 – 1/2)  

    1/10                      1/1 4 

 

So Required ratio = X : Y = 1/10 : 1/14 = 7:5

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Filed Under: Alligation or Mixture
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24 15411
Q:

I am an English word with five letters. If you remove my last four I am still pronounced the same. What am I?

Answer

An English word with five letters in which if you remove the last four letters, still pronounced the same is QUEUE.

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Q:

Two bike riders ride in opposite directions around a circular track, starting at the same time from the same point. Biker A rides at a speed of 16 kmph and biker B rides at a speed of 14 kmph. If the track has a diameter of 40 km, after how much time (in hours) will the two bikers meet?

A) 6.52 B) 8.14
C) 4.18 D) 5.02
 
Answer & Explanation Answer: C) 4.18

Explanation:

Distance to be covered = πD = 40π km 

Relative speed of bikers = 16 + 14 = 30 kmph.

 

Now, time=distancespeed =  40π30 = 4.18 hrs.

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Filed Under: Time and Distance
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21 15363
Q:

Commercial banks are funded through which of the following?

A) Customer deposits B) Services
C) Stock holders D) Government funding
 
Answer & Explanation Answer: A) Customer deposits

Explanation:

A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

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Filed Under: Bank Interview
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5 15356
Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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7 15291