Answer: B) A loss of Rs. 37 Explanation: As the win leads to multiplying the amount by 1.5 and loss leads to multiplying the amount by 0.5, we will multiply the initial amount by 1.5 thrice and by 0.5 thrice (in any order). The overall resultant will remain same. So final amount with the person will be (in all cases): = 64(1.5)(1.5)(1.5)(0.5)(0.5)(0.5)= Rs. 27 Hence the final result is:  64 − 27 = 37 A loss of Rs.37

Answer: B) J, L Explanation: This question concerns a committee’s decision about which five of eight areas of expenditure to reduce. The question requires you to suppose that K and N are among the areas that are to be reduced, and then to determine which pair of areas could not also be among the five areas that are reduced. The fourth condition given in the passage on which this question is based requires that exactly two of K, N, and J are reduced. Since the question asks us to suppose that both K and N are reduced, we know that J must not be reduced: Reduced         ::      K, NNot reduced   ::      J The second condition requires that if L is reduced, neither N nor O is reduced. So L and N cannot both be reduced. Here, since N is reduced, we know that L cannot be. Thus, adding this to what we’ve determined so far, we know that J and L are a pair of areas that cannot both be reduced if both K and N are reduced: Reduced        ::      K, NNot reduced  ::      J, L Answer choice (B) is therefore the correct answer.

Answer: B) Literature Explanation: Lost Generation definition, the generation of men and women who came of age during or immediately following World War I. "Literature" was the one field among the following choices given in the question that was associated with the "Lost Generation".