CAT Questions

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Answer 1) True

Answer 2) Cannot tell

Answer 3) True

Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.

S.P = C.P(1 + P%/100)

=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360

Let Johny quoted the marked price of the book as Rs. M

We know, SP = M.P(1 - Discount(%)/100)

Here discount = 10% to Shekar,

S.P for Johny = M(1 - 10/100) = 0.9M

But Johny want to earn 25% profit,

=> S.P = C.P(1 + P%/100)

=> 0.9M = 360(1 + 25/100)

=> M = (360x1.25)/0.9

=> M = Rs. 500

Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.

The primary goals of financial management dwell on both short-term and long-term activities that seek to maximize value creation from scarce financial resources. And then the primary goal of financial management is to Maximize the current value per share of the existing stock.

All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals.

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic principles of management in financial activities such as purchases, sales, capital expansion, inventory valuation, financial reporting, and profit distribution.

Average speed = Total distance / Total time.

Total distance traveled by Joel = Distance covered in the first 3 hours + Distance covered in the next 5 hours.

Distance covered in the first 3 hours = 3 x 60 = 180 miles
Distance covered in the next 5 hours = 5 x 24 = 120 miles

Therefore, total distance traveled = 180 + 120 = 300 miles.

Total time taken = 3 + 5 = 8 hours.

Average speed = 300/8 = 37.5 mph.

we know that 1 mile = 1.6 kms

=> 37.5 miles = 37.5 x 1.6 = 60 kms

Average speed in Kmph = 60 kmph.

There are many possibilities for this.

We can hold a breathe, meeting, conversation, party, grudge, etc... but cannot touch them.

Udaipur, a city in the state of Rajasthan which was named after the Maharana Udai Singh - II, is known for its beautiful artificial lakes around the city and lavish royal residences.

Thus, Udaipur nickname is City of Lakes in India.

what is 70 of 50 means 70% of 50

$$\begin{gathered} ⇒70 x 50100 \\ = 7 x 5 \\ = 35 \end{gathered}$$

Hence, 70 of 50 is 35.