TESTfunda - CAT Question of the Day 31-Jul-13

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Testfunda
31-Jul-13
CAT Question of the Day
Ram bought a new Indica and after using it for 5 years, sold it to Shyam at a price 30% less than the original cost price. Shyam, in turn, invested 20% of his cost price for its maintenance and then sold the car to Ganesh, at a 30% loss, after 2 years. After buying the car, Ganesh said to his wife, "If I had paid Rs. 45,200 less, I would have got the car at half the current market price of a new Indica." If the market price of a new Indica has decreased by 5% in these 7 years, what is the current market value of an Indica?
OPTIONS
 
 1)Rs. 4,75,000
 2)Rs. 4,20,000
 3)Rs. 3,80,000
 4)None of these
Tip of the Day
Make sure you read the instructions of verbal questions carefully. While instructions do not generally change from year to year, you should be confident and understand clearly when you attempt the question, as to what is expected. It would be useful to be familiar with the standard instructions for each question type, thus reducing the reading time for instructions.
Last year's Question of the day (30-Jul-12)
Only one of the highlighted words labelled A and B  fits meaningfully in the context. Choose the correct combination from the options that would give a set of meaningful sentences in 1 to 4.

 I.   Though scientific, the nature of Sigmund Freud's work has been seriously impugned (A)/ maligned (B).
II.   Her coiffeur (A)/ coiffure (B) cost her lot of money and time.
III.  A foment (A)/ ferment (B) of resentment arose among the students when the fee increase was announced. 
IV.  Scientists found homogenous (A)/ homogeneous (B) structures in birds and ancient reptiles

OPTIONS
 
 1)AABB
 2)ABBA
 3)BBAA
 4)BABB
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