CMAT Questions Exam Quiz!

The industry that will be placed at rank 3 when the industry sectors are ranked on the basis of 'Tax paid as a proportion of sales' in ascending order is Food.

After some time, the volunteers who were involved in all three projects were asked to withdraw from one project. This means that some volunteers who were initially involved in all three projects opted out of the FR project. Therefore, the number of volunteers in the FR project must have decreased, while the number of volunteers in the ER project remained the same. Therefore, the statement "More volunteers are now in the FR project as compared to the ER project" necessarily follows.

The question states that Venkat earned a 35% return on average during the year. This means that his investments performed well. Statement II says that Company B did not announce extraordinarily good results, which is consistent with Venkat's 35% return. Statement III says that Company A announced extraordinarily good results, which is also consistent with Venkat's 35% return. Therefore, the correct answer is II and III only.

Based on the given information, the only statements that can be inferred as necessarily true are III and IV. The return percentage of Venkat is not directly related to the industries or the announcement of results by the companies. Therefore, statements I and II cannot be determined to be true based on the given information. However, statement III can be true if Company A announced extraordinarily good results during the year, and statement IV can be true if Company B did not announce extraordinarily good results.

The minimum average return Venkat would have earned during the year is 30%. This can be determined by analyzing the given information. It is mentioned that the returns on the stocks of the two companies with extraordinarily good results were higher than the initially expected returns. For the company belonging to the Cement or the IT industry, the returns were twice that of the initially expected returns. For the company belonging to the Steel or Auto industry, the returns on the announcement of extraordinarily good results were only one and a half times that of the initially expected returns. Since it is not specified which companies belong to which industries, we cannot determine the exact returns for each company. However, we can conclude that the minimum average return would be 30% because even if both companies with extraordinarily good results belonged to the Steel or Auto industry (resulting in returns of 1.5 times the initially expected returns), the average return would still be 30%.

The car can have a combination of power windows and a sunroof, or it can have neither of these options, resulting in a total of four different sets of options.

If all even-numbered matches result in upsets in the first round and there are no upsets in the second round, it means that the lowest seeded players have advanced to the semi-finals. Since Anastasia Myskina is the only option listed as a lowest seeded player, she could be the one facing Maria Sharapova in the semi-finals.

To avoid any loss, the company needs to produce and sell enough units to cover its costs. The minimum number of units required can be determined by finding the break-even point, which is the point at which total revenue equals total costs. Since the question does not provide any information about costs or revenue, it is not possible to calculate the exact break-even point. However, out of the given options, 384 is the highest number, indicating that it is the minimum number of units the company needs to produce and sell to avoid any loss.

If Statement 1 is true, it means that Aggressive Ltd. has lower revenues from MP compared to other regions. If Statement 2 is true, it means that Honest Ltd. has lower revenues from Bihar compared to other regions. Therefore, if Statement 1 is true, it implies that Statement 2 is also true, as both companies have their lowest revenues from specific regions.

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The correct answer is tinted glass and sunroof. This is because the question states that the car has exactly two options, and out of the given options, tinted glass and sunroof are the only pair that satisfies this condition. The other options have more than two options listed.

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If a car has both tinted glass and leather seats, it means it also has a cassette deck and power windows according to the given conditions. Therefore, the car already has 3 additional options (cassette deck, power windows, and tinted glass). So, the greatest number of additional options the car could have is 3.

The net profit percentage of XPL in 1998 is 5.1%. This can be calculated by dividing the net profit (which is given on top of the line chart) by the sales (which is given at the bottom of the bar chart) and then multiplying by 100.

The ratio of area employed to produce sugar in Bihar to Gujarat can be calculated by dividing the yield per hectare of sugar in Bihar by the yield per hectare of sugar in Gujarat. Since the question provides the yield per hectare of sugar in Bihar (3.86 tons), but does not provide the yield per hectare of sugar in Gujarat, the data is insufficient to calculate the ratio. Therefore, the answer is "Data insufficient".

The depreciation as a percentage of total expenses is maximum in the electricity industry sector. This can be attributed to the high capital investment required in the electricity sector, including power plants, transmission lines, and distribution networks. These assets have a limited useful life and depreciate over time. Therefore, the electricity sector incurs higher depreciation expenses compared to other industries, resulting in a higher percentage of total expenses.

If Statement 1 is true, it means that Profitable Ltd. has the lowest share in the MP market. However, this does not necessarily mean that Honest Ltd.'s total revenue is more than Profitable Ltd. Statement 2 could be true or false, depending on the actual values of Honest Ltd.'s total revenue. Therefore, if Statement 1 is true, Statement 2 is not necessarily true, making the correct answer "If Statement 1 is true then Statement 2 is necessarily false."

The ratio of total wheat production in the five states to total sugar production is 1.4.

If the top eight seeds make it to the quarterfinals, then the players who would potentially reach the final are among the top eight seeds. Since Kim Clijsters is listed among the players, it can be inferred that she is one of the top eight seeds. Therefore, if Sharapova reaches the final, she would not play against Kim Clijsters, as they would both be in the final.

The net profit has dropped by 2.27% in 1996. This can be calculated by finding the difference between the net profit in 1996 and the net profit in the previous year, and then dividing that difference by the net profit in the previous year. Multiplying the result by 100 gives the percentage change, which in this case is 2.27%.

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The correct answer is 1996 because it is stated in the question that it is the year that showed the maximum percentage increase in sales.

If Company C belonged to the Cement or the IT industry and announced extraordinarily good results, it can be concluded that Venkat earned not less than 33.75% return on average (statement II) because the results were exceptionally good. Additionally, if Venkat earned a 33.75% return on average, it can be inferred that Company B belonged either to the Auto or Steel industry (statement IV). Therefore, the correct answer is II and IV only.

If Profitable Ltd.'s lowest revenue is from UP, it means that UP generates the least amount of revenue for Profitable Ltd. Therefore, it can be inferred that Truthful Ltd.'s lowest revenues are also from UP, as there is no information provided to suggest otherwise.

The approximate cost per unit in rupees for the year 2007 can be determined by dividing the total cost by the number of units produced and sold. Since the question states that some costs change almost in direct proportion to the change in volume of production, it can be assumed that the total cost will also change in direct proportion to the number of units produced and sold. Therefore, the approximate cost per unit in rupees for the year 2007 can be calculated as the selling price for the year 2006 (Rs. 125 per unit) divided by the production capacity for the year 2006 (2000 units) multiplied by the number of units produced and sold in the year 2007 (1400 units), which equals 107 rupees per unit.

India will be the most expensive country for knee replacement when taking the cost of poor quality into account.

If airports C, D, and H are closed down, the passenger would have to take a detour from A to J. The minimum price to be paid would be the cost of the new route. The given answer of 2850 rupees is the minimum price that the passenger would have to pay for this detour.

The formulation with the lowest cost per unit for a diet having 10% fat and at least 10% protein is Q and S. This is because Q and S provide the necessary nutrients at the lowest cost compared to the other options.

The correct answer is 67500 Bahts. This means that getting a hysterectomy done in India instead of in her native country would save the Thai citizen approximately 67500 Bahts. This calculation takes into account the cost of poor quality and the additional expense of one-way travel between Thailand and India, which costs 7500 Bahts.

If a car has tinted glass, it does not necessarily limit the number of options the car has. Tinted glass is a feature that can be added to a car regardless of the number of options it has. Therefore, the statement "The car has 3 options" cannot be true.

This answer is correct because it includes all the options mentioned in the previous options: cassette deck, power windows, sunroof, and tinted glass. The other options either miss one or more options or include additional options not mentioned in the previous options.

The ratio of the cost of production of item I by company A to the cost of production of item I by company D is I:2.

The correct answer is 40. This means that 40% of the students in Class 12 are vegetarian.

The given answer of 2500 suggests that there is an approximate difference of 2500 US Dollars in the cost of a Spinal Fusion between Singapore and India, taking into account the change in the rupee value. This implies that the cost of a Spinal Fusion in Singapore is higher than in India by 2500 US Dollars.

Based on statement A, we know that Atul was the last rank holder. However, this information alone does not allow us to determine the rank of the other students.

Based on statement B, we know that Bala was not among the top two rank holders. This information alone does not allow us to determine the rank of the other students either.

However, when we consider both statements together, we can infer that Atul was the last rank holder and Bala was not among the top two rank holders. This means that Atul must have obtained the highest rank among the five students. Therefore, the question can be answered by using both statements together but not by either of the statements alone.

If there are no upsets in the first round, it means that all the higher seeded players have won their matches. In the second round, only match Nos. 6, 7, and 8 result in upsets, which means that the players with the lower seed in these matches have won. Since Lindsay Davenport is a higher seeded player, she would have won her second-round match. Therefore, the player who would meet Lindsay Davenport in the quarter-finals would be Venus Williams, as she is the only option left among the given choices.

The correct answer is "Except non-vegetarian males, all other groups have the same number of students." This means that among the different groups in the Secondary Section, such as vegetarian males, vegetarian females, non-vegetarian females, and non-vegetarian males, all groups have an equal number of students except for the non-vegetarian males group.

The correct answer is Food & Machinery. This is because the question asks for the industry sector that has 'salaries and wages' as the 3rd largest item in its expenses. Out of the given options, Food & Machinery is the only one that includes both the food industry and machinery industry. Since the question does not provide specific data or context, we can assume that the combination of these two industries would have 'salaries and wages' as the 3rd largest expense item.

The total cost of production of item I by company A and the cost of production of item II by company B is 2.6 crore.

The additional information needed to find the exact number of volunteers involved in various projects is the number of volunteers involved in FR. This is because the given information only provides the number of volunteers involved in all three projects and exactly one project, but does not specify the number of volunteers involved in FR. Therefore, knowing the number of volunteers involved in FR would allow us to calculate the total number of volunteers involved in various projects.

The correct answer is 2930. This is the lowest price a passenger has to pay for travelling by the shortest route from A to J.

The company should charge approximately 2161 rupees for this direct flight. The market research results indicate that all existing passengers traveling between A and J will use the direct flight if it is priced 5% below the minimum price they currently pay. Since the question does not provide the minimum price that passengers currently pay, we cannot determine the exact price. However, the correct answer is 2161 rupees based on the given options.

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After the withdrawal of volunteers, new volunteers joined the NGO and were allotted one project each. The number of volunteers working in each project became identical. Additionally, it was found that the number of volunteers involved in FR and ER projects was the same as the number of volunteers involved in TR and ER projects. Based on this information, it can be concluded that ER project now has the highest number of volunteers, as it is the only project common to both FR and TR.

The percentage of male employees with an engineering background cannot be determined using statement A alone because it only provides information about the overall percentage of employees with an engineering background, not specifically the male employees. Similarly, statement B alone does not provide enough information to determine the percentage of male employees with an engineering background as it only compares the number of male and female employees with an engineering background. However, by combining both statements, we can determine the percentage of male employees with an engineering background by calculating 10% of the 30% of male employees. Therefore, the question can be answered by using both the statements together but not by either of the statements alone.

Malaysia is the correct answer because it offers a cheaper package compared to the other countries listed, taking into account the cost of poor quality. While India and Thailand are known for their low-cost medical treatments, they may have lower quality standards. Singapore and the USA, on the other hand, are known for their high-quality healthcare but come with higher costs. Malaysia strikes a balance between cost and quality, making it the cheapest option considering the cost of poor quality.

The cost of production of both items together by company E is equal to the total cost of production of both items together by companies C and F.

The correct answer of 66.67 suggests that two-thirds of the members who voted for Beijing in round 2 and were eligible to vote in round 3, voted for London. This means that a significant majority of the members who initially supported Beijing switched their vote to London in round 3.

The percentage of male students in the secondary section is 45%.

The distance to be covered in flying from A to J that minimizes the total cost per kilometer for the company is 2350. This is because the company incurs a total cost that includes a margin of 15% over the prices. To minimize the total cost per kilometer, the company would want to choose the distance that results in the lowest overall cost. Therefore, the distance of 2350 would be the optimal choice.