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Answers for CAT 1996 Sets

Watch Selling 1. b 2. b Wrong Entry 1. b 2. a Two Series 1. c 2. d 3. a 4. b 5. c

Two Series

(CAT 1996) A series S1 of five positive integers is such that the third term is half the first term and the fifth term is 20 more than the first term. In series S2, the nth term defined as the difference between the (n+1) term and the nth term of series S1, is an arithmetic progression with a common difference of 30. 1. First term of S1 is a. 80  b. 90  c. 100  d. 120 2. Second term of S2 is a. 50  b. 60  c. 70  d. None of these 3. What is the difference between second and fourth terms of S1? a. 10  b. 20  c. 30  d. 60 4. What is the average value of the terms of series S1? a. 60  b. 70 c. 80  d. Average is not an integer 5. What is the sum of series S2? a. 10  b. 20  c. 30  d. 40 For Answers click here .

Wrong Entry

(CAT 1996) A salesman enters the quantity sold and the price into the computer. Both the numbers are two-digit numbers. But, by mistake, both the numbers were entered with their digits interchanged. The total sales value remained the same, i.e. Rs. 1,148, but the inventory reduced by 54. 1. What is the actual price per piece? a. Rs. 82  b. Rs. 41  c. Rs. 6  d. Rs. 28 2. What is the actual quantity sold? a. 28  b. 14  c. 82  d. 41 For Answers  click here .

Watch Selling

(CAT 1996) A watch dealer incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100. 1. If he is able to sell only 1,200 out of 1,500 watches he has made in the season, then he has made a profit of a. Rs. 90,000 b. Rs. 75,000 c. Rs. 45,000 d. Rs. 60,000 2. If he produces 1,500 watches, what is the number of watches that he must sell during the season in order to break-even, given that he is able to sell all the watches produced? a. 500 b. 700 c. 800 d. 1,000 For Answers  click here .