TESTfunda - CAT Question of the Day 15-Dec-11

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Testfunda
15-Dec-11
CAT Question of the Day
Ram and Rahim entered a partnership in a new business and decided to share the profit as well as loss of the business in the ratio of 3:4. They incurred a loss of Rs. 32 lacs in the first year but then earned a profit of 28 lacs in the second year. They decided to carry forward the losses of the first year and offset the loss in the coming years by Rs. 3 lacs from each partner's share of profit. What will be the amount of profit earned by Ram (in Rs. lacs) after the deductions of losses in the second year?
OPTIONS
 
 1)12 lacs
 2)9 lacs
 3)8 lacs
 4)11 lacs
Tip of the Day
SNAP test duration is 120 minutes and had four sections i.e. General English, General Awareness, Quantitative, Data Interpretation and Sufficiency and Analytical and Logical Reasoning. The total marks will be 180. There is 25% negative marks for each wrong answer. Best of luck.
Last year's Question of the day (14-Dec-10)
Which punctuation mark is missing in the following sentence?

We got the iPad to tinker with they, an antique cuckoo clock.
OPTIONS
 
 1)Semicolon
 2)Inverted commas
 3)Hyphen
 4)Colon
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