TESTfunda - CAT Question of the Day 05-Apr-14

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Testfunda
05-Apr-14
CAT Question of the Day
A, B, C, D, and E start a firm by investing a sum of 95 Lakhs. The profit at the end of the year is to be distributed as per the investment and the amount of work that they do as explained in the following example.

If the ratio of investment of A to B in the simplest form is a : b and they complete x and y units of work, then the profit would be shared in the ratio (a + x) : (b + y) where all a, b, x and y are whole numbers.

Following facts about their investments and the amount of work are known.

C invests two thirds of the money invested by A and D. D invests one fourth of the sum of money invested by A, B and C. E invests three fourth of the money invested by C. B invests six seventh of the sum invested by C and E. A works six times as much as D. B works three times as much as D. C works half times as much as A. E works eight third as much as D.

If the overall work done is 47 units and the profit at the end of the year is 71 lakhs, what is the share of C and E together?
OPTIONS
 
 1)22 lakhs
 2)20 lakhs
 3)26 lakhs
 4)None of these
Tip of the Day
The relative speed of two objects is given by the sum of their speeds if they are moving in the opposite direction and their difference when they are moving in the same direction.
Last year's Question of the day (04-Apr-13)
The question below contains a paragraph followed by alternative summaries. Choose the option that best captures the essence of the paragraph.

One hopes that the present situation of bafflement over whether tourism should be allowed in the core areas of tiger reserves in the country or how much should be allowed will head towards a more or less consensual and reasonable settlement. This, though a rather idealistic expectation, will ultimately help the stakeholders accept the final outcome with considerably less unhappiness and aggravation than might otherwise be the case and with a sense of humility to nature in all its manifestations.

OPTIONS
 
 1)It is an idealistic expectation that the issue of how much tourism should be allowed in the core areas of tiger reserves will be resolved satisfactorily for all stakeholders.
 2)A reasonable settlement to whether and how much tourism should be allowed in the core areas of tiger reserves must show respect to nature and to the stakeholders' interests.
 3)Whether and how much tourism should be allowed in the tiger reserves must be consensual so that the stakeholders accept the outcome with less unhappiness.
 4)One hopes that there will be an idealistic settlement to whether and how much tourism should be allowed in the core areas of tiger reserves.
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