Indian Institue of Management 2008 Entrance Exams Other Entrance Exams CAT - Question Paper

department due to transfer of a 40 –year old person with basic pay of Rs. 8000
from the Marketing deparment?

(1) 9% (2) 11% (3) 13% (4) 15% (5) 17%


28. If 2 employees (each with a basic pay of Rs. 6000) are transferred from
Maintenance department to HR department and 1 person (with a basic pay of
Rs. 8000) was transferred from Marketing department to HR department, what
will be the percentage change in avg. basic pay of HR department?

(1) 10.5% (2) 12.5% (3) 15% (4) 30% (5)40%




Directions for ques. 29 to 33: ans the subsequent ques. based on the info provided below:

Abdul, Bikram and Chetan are 3 professional traders who trade in shares of a company XYZ Ltd. Abdul follows the strategy of buying at the opening of the day at 10am and selling the whole lot at the close of the day at three pm. Bikram follows the strategy of buying at hourly intervals: 10 am, 11 am, 12 noon, one pm and two pm, and selling the whole lot at the close of the day. Further, he buys an equal number of shares in every purchase. Chetan follows a similar trend as Bikram but his strategy is somewhat various. Chetan’s total investment amount is divided equally among his purchases. The profit or loss made by every investor is the difference ranging from the sale value at the close of the day less the investment in purchase. The “return” for every investor is described as the ratio of the profit or loss to the investment amount expressed as a percentage.

29. which 1 of the subsequent statements is always true?

(1) Abdul will not be the 1 with the minimum return
(2) Return for Chetan will be higher than that of Bikram
(3) Return for Bikram will be higher than that of Chetan
(4) Return for Chetan cannot be higher than that of Abdul
(5) None of the above


30. On a “boom” day the share price of XYZ ltd. keeps rising throughout the day and
peaks at the close of the day. Which trader got the minimum return on the day?

(1) Bikram (2) Chetan (3) Abdul (4) Abdul or Chetan (5) cannot be determined


31. On a day of fluctuating market prices, the share price of XYZ Ltd, ends with a

Earning:   Approval pending.