Indian Institue of Management 2008 COMMON APTITUDE TEST (CAT ) - Question Paper

HR 5 45 5000 70
Marketing 30 35 6000 80
Finance 20 30 6500 60
Business Development 35 42 7500 75
Maintenance 10 35 5500 50

There are limited numbers of employees considered for transfer/promotion across departments. Whenever a person is transferred/promoted from a department of lower avg. age to a department of higher avg. age, he/she will get an additional allowance of 10% of basic pay over and above his/her current allowance. There will not be any change in pay structure if a person is transferred/promoted from a department with higher avg. age to a department with lower avg. age.
ques. beneath are independent of every other.

26. There was a mutual transfer of an employee ranging from Marketing and Finance departments and transfer of 1 employee from Marketing to HR. As a result, the avg. age of Finance department increased by 1 year and that of Marketing department remained the identical. What is the new avg. age of HR department?
(1) 30 (2) 35 (3) 40 (4) 45 (5) cannot be determined

27. What is the approximate percentage change in the avg. gross pay of the HR 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.

Earning:   Approval pending.