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Year

CAT 2018

Section

Data

Topic

Caselets

Difficulty

Hard

Question

Slot-2

Read the passage and answer the questions below.

Passage:

Instructions [35-38]

The base exchange rate of a currency XX with respect to a currency YY is the number of units of currency YY which is equivalent in value to one unit of currency XX. Currency exchange outlets buy currency at buying exchange rates that are lower than base exchange rates, and sell currency at selling exchange rates that are higher than base exchange rates.

A currency exchange outlet uses the local currency L to buy and sell three international currencies A,B\mathrm{A}, \mathrm{B}, and C , but does not exchange one international currency directly with another. The base exchange rates of A,BA, B and CC with respect to LL are in the ratio 100:120:1. The buying exchange rates of each of A,BA, B, and CC with respect to LL are 5% below the corresponding base exchange rates, and their selling exchange rates are 10% above their corresponding base exchange rates. The following facts are known about the outlet on a particular day:

  1. The amount of LL used by the outlet to buy CC equals the amount of LL it received by selling CC.
  2. The amounts of LL used by the outlet to buy AA and BB are in the ratio 5:35: 3.
  3. The amounts of LL the outlet received from the sales of AA and BB are in the ratio 5:95: 9.
  4. The outlet received 88000 units of LL by selling AA during the day.
  5. The outlet started the day with some amount of L,2500\mathrm{L}, 2500 units of A,4800\mathrm{A}, 4800 units of B , and 48000 units of C .
  6. The outlet ended the day with some amount of L,3300\mathrm{L}, 3300 units of A,4800\mathrm{A}, 4800 units of B , and 51000 units of C .

Question 1

How many units of currency A did the outlet buy on that day?

Question 2

How many units of currency CC did the outlet sell on that day?

22000

19000

6000

3000

Question 3

What was the base exchange rate of currency BB with respect to currency LL on that day ?

Question 4

What was the buying exchange rate of currency CC with respect to currency LL on that day?

1.10

0.95

2.20

1.90 ## Instructions [39-42] Each visitor to an amusement park needs to buy a ticket. Tickets can be Platinum, Gold, or Economy. Visitors are classified as Old, Middle-aged, or Young. The following facts are known about visitors and ticket sales on a particular day:

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