CAT Practice Question and Answer

Q: A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items? 2915 0

  • 1
    Rs. 620
    Correct
    Wrong
  • 2
    Rs. 654
    Correct
    Wrong
  • 3
    Rs. 725
    Correct
    Wrong
  • 4
    Rs. 747
    Correct
    Wrong
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Answer : 1. "Rs. 620"
Explanation :

Answer: A) Rs. 620 Explanation: Let the C.P of one item is Rs. P and that of other is Rs. (7500 - P) According to the data given C.P = S.P => Px(116/100) + (7500-P)x(86/100) = 7500 => 30P = 105000 => P = 3500 Required difference between selling prices = Rs. [(3500/100) x 116] - [(4000/100) x 86] = 4060-3440 = Rs. 620

Q: The capacity of a water heater is measured in 1432 0

  • 1
    Gallons
    Correct
    Wrong
  • 2
    Liters
    Correct
    Wrong
  • 3
    Meters
    Correct
    Wrong
  • 4
    Both A & B
    Correct
    Wrong
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Answer : 4. "Both A & B"
Explanation :

Answer: D) Both A & B Explanation: The capacity of a water heater is measured in Gallons or Liters. In the USA, it is measured in Gallons and in India, we measure it in Liters. Hence, if the capacity of the water heater is 15 gallons or 15 liters, then it says that it can hold 15 gallons or 15 liters of water.

Q: What has a ring but no finger? 1401 0

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Answer :
Explanation :

A Telephone or an Alarm...

Q: Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding __ from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year. 1225 0

  • 1
    1 lakh
    Correct
    Wrong
  • 2
    2 lakhs
    Correct
    Wrong
  • 3
    3 lakhs
    Correct
    Wrong
  • 4
    4 lakhs
    Correct
    Wrong
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Answer : 1. "1 lakh"
Explanation :

Answer: A) 1 lakh Explanation: Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

Q: Which state has the highest number of 55770 fully covered tribal habitations with the safe drinking water in the country followed by Odisha and Jharkhand? 1384 0

  • 1
    Tamilnadu
    Correct
    Wrong
  • 2
    Kerala
    Correct
    Wrong
  • 3
    Manipur
    Correct
    Wrong
  • 4
    Madhya Pradesh
    Correct
    Wrong
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Answer : 4. "Madhya Pradesh"
Explanation :

Answer: D) Madhya Pradesh Explanation: Madhya Pradesh has the highest number of 55770 fully covered tribal habitations with the safe drinking water in the country followed by Odisha and Jharkhand.

Q: IPR stands for 1507 0

  • 1
    Intellectual Property Rights
    Correct
    Wrong
  • 2
    International Property Rights
    Correct
    Wrong
  • 3
    International Postgraduate Research
    Correct
    Wrong
  • 4
    Indian Property Rights
    Correct
    Wrong
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Answer : 1. "Intellectual Property Rights"
Explanation :

Answer: A) Intellectual Property Rights Explanation: IPR's stands for Intellectual Property Rights. Intellectual property is the product of the human intellect including creativity concepts, inventions, industrial models, trademarks, songs, literature, symbols, names, brands,....etc.

Q: Google has introduced a new app named what that allows anybody to submit stories for and about their communities? 1393 0

  • 1
    Bulletin
    Correct
    Wrong
  • 2
    Allo
    Correct
    Wrong
  • 3
    FastRead
    Correct
    Wrong
  • 4
    Google Express
    Correct
    Wrong
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Answer : 1. "Bulletin"
Explanation :

Answer: A) Bulletin Explanation:

Q: What is the basic objective of monetary policy? 1227 0

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Answer :
Explanation :

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output. Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

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