Management Aptitude Test 23 October Ii

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MANAGEMENT APTITUDE TEST

AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS

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MANAGEMENT APTITUDE TEST

Dr. T.K. Jain.

AFTERSCHO☺OLCentre for social entrepreneurship

Bikaner M: [email protected]

www.afterschool.tk, www.afterschoool.tk

http://www.afterschool.tk/

http://www.afterschoool.tk/


Vivek lost 20% by selling a watch for Rs 64. What per cent shall he

gain or loss by selling it for Rs 100?• 25% profit• 64 * 100/80 = 80• 20/80 *100 = 25%


An electric ian sells a room heater for Rs 322, gaining 1/6 th of its cost

price. Find his gain or loss%.

• 1/6*100 = 16.66% answer.


A grocer allows a discount of 20% on the marked price. How much per cent above the C.P. must he mark his goods to make a gain of 20%?

• Let us assume cost to be 100. final selling price : 120. printed price = 120 * 100/80

• = 150• Thus he must mark 50% above cost.


What is the area of the shaded region?


Solution

• Area of bigger rectangle: • 22*14 = 308• Area of smaller rectangle = 140• Thus the area of shaded region • = 168 answer.


There are 2 paths in a square. What is the area of those paths?


Solution

• 24*4 *2 = 192 – (4*4) = 176 answer.


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.


The diagram


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

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

• Solution• Sourav


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)


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.


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.


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.


Score after 2nd round


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

matches?1. Argentina2. Germany

3. Spain4. Cannot be determined


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.


• 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 !!!


J’s age is

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


K’s age is



L’s age is



E’s age is



P’s age is



Solution

• J = 35 year• K = 8 years• L = 5 years• E = 48 years• P = 6 years.


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.


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.


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.


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.


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.


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.


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


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


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

• A∩B = {4} answer.


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

• AUB = {1,2,3,4,5,6,7} answer


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.


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.


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.


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.


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.


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.


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


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.


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


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


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


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


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)


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


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.


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.


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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Management Aptitude Test 23 October Ii