management aptitude test 24 october ii

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Page 1: Management Aptitude Test 24  October Ii

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

MANAGEMENT APTITUDE TEST

AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS

CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME –

World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship

OPEN FOR ALL FREE FOR ALL

Page 2: Management Aptitude Test 24  October Ii

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MANAGEMENT APTITUDE TEST

Dr. T.K. Jain.

AFTERSCHO☺OLCentre for social entrepreneurship

Bikaner M: 9414430763

[email protected]

www.afterschool.tk, www.afterschoool.tk

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Hulash has to distribute 66 gulabj amun, 121 Rasgullah & and 143 laddoos among his friends. He

wants each friend to get an equal number of items of one type only, and he is looking for the maximum

items that can be given to each friend. How many friends does he

have?

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Solution

• Let us find the HCF of 66, 121 and 143 – this gives us 11. Thus Hulash can give 11 pieces of a sweet to any of his friend. Suppose he gives 11 ladoos to Rajesh, he may give 11 Gulabjamun to BM and so on. Thus let us find his total friends:

• 66/11 + 121/11 + 143/11 = 30 answer.

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3 bicycles are fitted with wheels that can make 6,5 and 10 revolutions per minute respectively. One spoke on

each wheel is painted blue. All three bicycles start moving at the same time, and the spoke of the wheels

painted blue is in the same position for all 3 bicycles. After how much time will all the three wheels be

aligned In the same manner as they were at the start?

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Solution

• Let us find the time of each spoke in completing one revolution

• 1st spoke 60 / 6 = 10 seconds• 2nd spoke 60/5 = 12 seconds

• 3nd spoke 60/10 = 6 seconds

• Now find LCM of 10,12, 6 seconds. LCM is 60 answer = 1minute.

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A and B working separately can do a piece of work in 9 and 12 days

respectively. If they work for a day alternately, A beginning, in how

many days, the work will be completed?

• 5/9 + 5/12 = 105/108. Thus after 10 days the work left is 3/108,which will be done by A. 9 *3/108 is equal to ¼.

• Thus total days are 10 +1/4 answer.

Page 8: Management Aptitude Test 24  October Ii

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A committee consists of 9 experts taken from three institutions A, B

and C, of which 2 are from A, 3 from B and 4 from C. If three experts

resign, then the probability that they belong to different institutions is

(1) 1/729(2) 1/24(3) 1/21(4) 2/7

Page 9: Management Aptitude Test 24  October Ii

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Solution

• (2*3*4) / 9C3

• =24 / 84

• =2/7 answer.

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These graphs show data for 2 years. If total profit is 100 in each case , what is the change in retaining

earnings ?

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Solution

• Solve by observation = 7

Page 12: Management Aptitude Test 24  October Ii

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What is the percentage equivalent of 1/3?

• 33.33%

Page 13: Management Aptitude Test 24  October Ii

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What is the fractional equivalent of 6.66%?

• 1/15 answer.

Page 14: Management Aptitude Test 24  October Ii

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There are 20 angles in a regular polygon, what is its exterior angle? • = 360/20 = 18 answer

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In which year expenditure are maximum in terms of % of sales?

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Solution

• 1997 answer.

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There is a hexagon, how many diagonals does it have?

• Formula = [(n * (n-1) / 2 ] - n

• = 15 – 6 = 9 answer.

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There is a diameter AB in a circle, there is an angle ACB on circle.

What is its measure?

• 90 degrees (semicircle gives right angle).

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What is the difference in the rate (per KG) of Basmati rice & Non

Basmati rice in 99-2000?

Page 20: Management Aptitude Test 24  October Ii

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Solution

• Basmati rice costs 23.87 and non-basmati rice costs 9. 67, so the difference is approximately 14.20 rupees per KG. Answer.

9.67897480319251988847

37174540699

Rice

Non-Basmati

1684

23.856585221248523126

851373314

Basmati rice

Page 21: Management Aptitude Test 24  October Ii

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BM replaced some cooking oil containing 88% polyunsaturated fat

with cooking oil containing 72% polyunsaturated fat. The cooking oil now has 76% polyunsaturated fat. What fraction of the cooking oil isthe oil with lower polyunsaturated

fat content?

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Solution

• Thus the ratio of higher and lower one is 1: 3 that means fraction is :

• 3 / (1+3) • = ¾ answer.

88

4 12

72

Mixture

76

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Question on reasoning • Coach John sat with the score cards of Indian players

from the 3 games in a one-day cricket tournament where the same set of players played for India and all the major batsmen got out. John summarized the batting performance through three diagrams, one for each games. In each diagram, the three outer triangles communicate the number of runs scored by the three top scores from India, where K, R, S, V, and Y represent Kaif, Rahul, Saurav, Virender, and Yuvraj respectively. The middle triangle in each diagram denotes the percentage of total score that was scored by the top three Indian scorers in that game. No two players score the same number of runs in the same game. John also calculated two batting indices for each player based on his scores in the tournaments; the R-index of a batsman is the difference between his highest and lowest scores in the 3 games while the M-index is the middle number, if his scores are arranged in a non-increasing order.

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The diagram

Page 25: Management Aptitude Test 24  October Ii

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Which of the players had the best M-index from the tournament?

1. Rahul 2. Saurav 3. Virender 4. Yuvraj

• Solution

• Sourav

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Among the players mentioned, who can have the lowest R-index from

the tournament?1. Only Kaif, Rahul or Yuvraj 2.

Only Kaif or Rahul3. Only Kaif or Yuvraj 4. Only Kaif

• Only Kaif (his score can go up to 1)

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For how many Indian players is it possible to calculate the exact M-

index?

• Only for Sourav and Rahul, we can calculate the M index. We are not sure about Yuvraj and Kaif. We cant calculate for Virendra.

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Puzzle

• The year was 2006. All six teams in Pool A of World Cup hockey, play each other exactly once. Each win earns a team three points, a draw earns one point and a loss earns zero points. The two teams with the highest points qualify for the semifinals. In case of a tie, the team with the highest goal difference (Goal For – Goals Against) qualifies. In the opening match, Spain lost to GermanyIn the third round, Spain played Pakistan, Argentina played Germany, and New Zealand played South Africa. All the third round matches were drawn.

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Continued

• The following are some results from the

• fourth and fifth round matches

• (a) Spain won both the fourth and fifth round matches.

• (b) Both Argentina and Germany won their fifth round matches by 3 goals to 0.

• (c) Pakistan won both the fourth and fifth round matches by 1 goal to 0.

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Score after 2nd round

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Which team finished at the top of the pool after five rounds of

matches?1. Argentina2. Germany

3. Spain4. Cannot be determined

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Solution

• Answer = cannot be determined = as - It is clear that after 5 rounds, all the teams have equal scores. However, there could be difference in their goals, so the winner will be on the basis of goal difference. However, Germany, Pakistan have equal goal difference. We don’t have information about the match between spain and Argentina (which was in 4th round). We know that Spain had won the match, however, if Spain won by 1-0, all teams are equal, if spain won by 2-0, then Spain will be the winner. Answer.

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• Raman, the great mathematician, called on Madan after many years. He enquired about his family. Madan said, “I have three sons. Their names are J, K and L. J is the eldest. L is the youngest. No twins. The product of the ages is 1400. L is at least 2-years-old. None of them is more than 45 years. The sum of their ages is equal to the age of my neighbour E. But even if I tell you E’s age, you will not be able to arrive at my sons ages (despite your mathematical prowess). So I shall not tell you E’s age. But L is younger than my neighbour’s daughter P. If I tell you the age of P, you will be able to deduce the ages of all my sons. I shall not tell you anything further.” Raman was able to deduce the ages of all !!!

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J’s age is

• a. 25 years b. 28 years c. 35 years d. 20 years

Page 35: Management Aptitude Test 24  October Ii

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K’s age is

• a. 8 years b. 10 years c. 15 years d. 14 years

Page 36: Management Aptitude Test 24  October Ii

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L’s age is

• a. 7 years b. 2 years c. 5 years d. 4 years

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E’s age is

• a. 48 years b. 37 years c. 43 years d. 39 years

Page 38: Management Aptitude Test 24  October Ii

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P’s age is

• a. 5 years b. 6 years c. 3 years d. 8 years

Page 39: Management Aptitude Test 24  October Ii

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Solution

• J = 35 year

• K = 8 years

• L = 5 years• E = 48 years

• P = 6 years.

Page 40: Management Aptitude Test 24  October Ii

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A sample of 10 litres of mixture of lead ore of silver and lead is found to have 20% lead. how much pure

silver should be added to bring down the percentage of lead

to 10%.

• Lead is 2 liters. This will be 10%, so new mixture must be 20 liters. So 10 liters of silver should be added.

Page 41: Management Aptitude Test 24  October Ii

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A trader allows a discount of 5% for cash payment. How much per cent

above thecost price must he mark his goods

to make a profit of 14%?• Let us assume cost = 100

• Final price received (100+14) = 114.

• Printed price = 114 *100/95 = 120 , so he should keep 20% above the cost. Answer.

Page 42: Management Aptitude Test 24  October Ii

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70% of the students in a school are boys and the number of girls is 252.

Find the number of boys in the school.

• 252*70/30 = 588 answer.

Page 43: Management Aptitude Test 24  October Ii

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In how many ways can we form 3 digit numbers from 3,4,5,6, which is

greater than 500?

• For the first digit, we have only 2 options,

• For 2nd digit, we have 3 options, for third digit we have 2 options.

• 2*3*2 = 12 answer. We can list down these also: 534,543,546,564,536,563,634,643,635,653,645,654 answer.

Page 44: Management Aptitude Test 24  October Ii

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What is the sum of squares of the first 10 natural numbers?

• Sum = n(n+1) (2N+1) / 6

• =10(10+1) (2*10 +1) / 6

• =(10*11*21) / 6• =385 answer.

Page 45: Management Aptitude Test 24  October Ii

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The compound interest on Rs. 2000 for 3 years is Rs. 315.25. The

rateof interest is

(a) 3% (b) 4% (c) 5% (d) 6%

• 2000* (1+rate)^3 = 2315.25

• (1+r)^3 = 2315.25 / 2000• (1+r)^3 = 1.1576

• 1+r = 1.05

• Thus R = 5% answer.

Page 46: Management Aptitude Test 24  October Ii

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Two trains of lengths 120 m and 80 m are running in the same direction with velocities of 40 kmph and 50 kmph respectively. The time taken

by them to cross each other, is(a) 60 sec (b) 72 sec (c) 75 sec

(6) 80 sec• Add the lengths = 200 M. • Difference of speed = 50 – 40 = 10 KM ph• In m.p.s. = (10 * 5/18) = 50/18

• 200/(50/18) = 72 seconds

Page 47: Management Aptitude Test 24  October Ii

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Two trains of lengths 120 m and 80 m are running in the opposite direction

with velocities of 40 kmph and 50 kmph respectively. The time taken by them to

cross each other, is(a) 6 sec (b) 7 sec (c) 7.5 sec (6) 8

sec• Add the lengths = 200 M & speeds= 90• In m.p.s. = (90 * 5/18) = 25• 200/25 = 8 seconds

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What is A∩B, if A ={1,2,3,4} & B = {4,5,6,7} ?

• A∩B = {4} answer.

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What is AUB, if A ={1,2,3,4} & B = {4,5,6,7} ?

• AUB = {1,2,3,4,5,6,7} answer

Page 50: Management Aptitude Test 24  October Ii

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A and B working separately can do a piece of work in 9 and 12 days

respectively. If they work for a day alternately, A beginning, in how

many days, the work will be completed?

• 1/9 + 1/12 = 21/108 or 108/21 = 5+ thus they must work for 5 days at least (each 5 day = ABABABABAB = 10 day)

• 5/9 + 5/12 = 105/108. remaining work = 1-105/108 =3/108 – which will be done by A. thus 3/108 is left out. 3/108 *9 = 1/4. thus the work is completed in 10 +1/4 answer.

Page 51: Management Aptitude Test 24  October Ii

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The difference between simple and compound interest compounded yearly at the rate of 4% in a two

year period on a certain amount of money is Re. 1. The amount of

money is(a) Rs. 450 (b) Rs. 575 (c) Rs. 600

(d) Rs. 625• Interest of the first year = 1 * 100/4 = 25

• Principal = 25 *100/4 = 625 answer.

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If x men working x hours a day can do x units of a work in x days, then y men working y hours per day in y

days would be able to complete, how many units of work?

• Let us start with X units.

• X * Y/x * Y/X * Y/X = Y^3 / X^2 answer.

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Population of a country is 100 crores in 2000, at growth rate of 2% what will be the population in 2020?

• 100 * (1.02)^20

• =148.6 crores approx.

Page 54: Management Aptitude Test 24  October Ii

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Toffees are bought at the rate of 8 for a rupee. To gain 60%, they must

be sold at:(a) 6 for a rupee (b) 5 for a

rupee (c) 9 for two rupees(d) 24 for five rupees

Now we have 8 toffees for 100 paise. Les us add 60% in cost 160 paise for 8 toffees. Thus one toffee is of 20 paise. So (b) is the answer.

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ABOUT AFTERSCHO☺OL

Afterschoool conducts three year integrated PGPSE (after class 12th along with IAS / CA / CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM. This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.

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Why such a programme?

• To promote people to take up entrepreneurship and help develop the society

• To enable people to take up franchising and other such options to start a business / social development project

• To enable people to take up social development as their mission

• To enable people to promote spirituality and positive thinking in the world

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Who are our supporters?

• Afterschoolians, our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us.

• You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.

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About AFTERSCHO☺OL PGPSE – the best programme for developing great

entrepreneurs• Most flexible, adaptive but rigorous programme• Available in distance learning mode• Case study focused- latest cases

• Industry oriented practical curriculum• Designed to make you entrepreneurs – not just

an employee• Option to take up part time job – so earn while

you learn • The only absolutely free course on internet

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Workshops from AFTERSCHO☺OL

• IIF, Delhi• CIPS, Jaipur• ICSI Hyderabad Branch• Gyan Vihar, Jaipur• Apex Institute of Management, Jaipur• Aravali Institute of Management, Jodhpur• Xavier Institute of Management, Bhubaneshwar • Pacific Institute, Udaipur• Engineering College, Hyderabad

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Flexible Specialisations:

• Spiritualising business and society• Rural development and transformation• HRD and Education, Social Development• NGO and voluntary work• Investment analysis,microfinance and inclusion • Retail sector, BPO, KPO• Accounting & Information system (with CA / CS /CMA)• Hospital management and Health care• Hospitality sector and culture and heritage• Other sectors of high growth, high technology and social

relevance

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Salient features:• The only programme of its kind (in the whole world)• No publicity and low profile course• For those who want to achieve success in life – not just a

degree• Flexible – you may stay for a month and continue the rest of

the education by distance mode. / you may attend weekend classes

• Scholarships for those from poor economic background• Latest and constantly changing curriculum – keeping pace

with the time• Placement for those who are interested• Admissions open throughout the year • Latest and most advanced technologies, books and study

material

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Components • Pedagogy curriculum and approach based on IIM Ahmedabad and ISB

Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)• Meditation, spiritualisation, and self development • Essential softwares for business• Business plan, Research projects• Participation in conferences / seminars• Workshops on leadership, team building etc. • Written submissions of research projects/articles / papers• Interview of entrepreneurs, writing biographies of entrepreneurs• Editing of journals / newsletters• Consultancy / research projects • Assignments, communication skill workshops• Participation in conferences and seminars• Group discussions, mock interviews, self development diaryng • Mind Power Training & writing workshop (by Dr. T.K.Jain)

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Pedagogy

• Case analysis,• Articles from Harvard Business Review • Quiz, seminars, workshops, games, • Visits to entrepreneurs and industrial visits• Presentations, Latest audio-visuals• Group discussions and group projects• Periodic self assessment• Mentoring and counselling• Study exchange programme (with institutions out of

India)• Rural development / Social welfare projects

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Branches

• AFTERSCHO☺OL will shortly open its branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.

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Case Studies

• We want to write case studies on social entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.

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Basic values at AFTERSCHO☺OL

• Share to learn more• Interact to develop yourself• Fear is your worst enemy• Make mistakes to learn • Study & discuss in a group• Criticism is the healthy route to mutual support

and help • Ask fundamental questions : why, when, how &

where?• Embrace change – and compete with yourself

only

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www.afterschoool.tk social entrepreneurship for better

society