TESTfunda - CAT Question of the Day 29-Dec-12

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Testfunda
29-Dec-12
CAT Question of the Day


A bank offers five variants of a credit card – V1, V2, V3 and V4 – each offering one or more of the following features: Fuel Waiver, Reward Points, Cash Back, Food Discounts, and Retail Shopping Discounts. The figure above in their pamphlet shows the number of features offered by each variant. It is known that

Only one variant offers a Fuel Waiver and two offer Food Discounts.

All variants offer Reward Points.

V2 offers Cash Back.

The yearly membership for the four variants is as follows:

V1 – Rs. 100, V2 – Rs. 150, V3 – Rs. 300, V4 – Rs. 250

If a customer wants all the features, what are the minimum yearly fees that he will need to pay?
OPTIONS
 
 1)Rs. 250
 2)Rs. 350
 3)Rs. 450
 4)Rs. 500
 5)Cannot be determined
Tip of the Day
Time allotment for Quantitative questions is very important. Look through each question at least once. Some questions are easier than the rest and yield solutions faster. Do not get stuck on one question causing you to neglect the others.
Last year's Question of the day (28-Dec-11)
There are 3 boxes and 4 toys. Kunal had to arrange them in such a manner that all these toys were to be distributed into these boxes. where any box could contain any number of toys. Kunal tried the distribution twice. In his first try, he distributed the toys such that no box was empty if all toys were different but all boxes were identical. In his second try he distributed the toys such that no box was empty if all toys were identical but all boxes were different. Find out the number of ways he could have distributed the toys in each try?
OPTIONS
 
 1)3, 6
 2)6, 3
 3)4, 6
 4)6, 4
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