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

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 gain, i.e., it is higher at the close of the day compared to the opening value. Which trader got the maximum return on that day?
(1) Bikram (2) Chetan (3) Abdul (4) Bikram or Chetan (5) Cannot be determined

One day, 2 other traders, Dane and Family joined Abdul, Bikram and Chetan for trading in the shares of XYZ ltd. Dane followed a strategy of buying equal numbers of shares at 10am, 11 am and the 12 noon, and selling the identical numbers at one pm, 2pm and three pm. Emily, on the other hand, followed the strategy of buying shares using all her money at 10 am and selling all of them at 12 noon and again buying the shares for all the money at one pm and again selling all of them at the close of the day at three pm. at the close of the day the subsequent was observed:
i. Abdul lost money in the transactions
ii. Both Dane and Emily made profits
iii. There was an increase in share price during the closing hour compared to the price at two pm
iv. Share price at 12 noon was lower than the opening price

32. Which of the subsequent is necessarily false?
(1) Share price was at its least at two pm
(2) Share price was at its least at 11 am
(3) Share price at one pm was higher than the share price at two pm
(4) Share price at one pm was higher than the share price at 12 noon
(5) None of the above

33. Share price was at its highest at
(1) 10 am (2) 11 am (3) 12 noon (4) one pm (5) cannot be determined
Directions for ques. 34 to 37: ans the subsequent ques. based on the info provided below:

The bar chart beneath indicates the revenue received, in million US Dollars (USD), from subscribers to a particular Internet service. The data covers the period 2003 to 2007 for the United States (US) and Europe. The bar chart also indicates the estimated revenues from subscription to this service for the period 2008 to 2010.

Earning:   Approval pending.