Year
CAT 2018
Section
Data
Topic
Caselets
Difficulty
Hard
Question
Slot-2
Read the passage and answer the questions below.
Read the passage and answer the questions below.
Passage:
Instructions [35-38]
The base exchange rate of a currency with respect to a currency is the number of units of currency which is equivalent in value to one unit of currency . 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 , and C , but does not exchange one international currency directly with another. The base exchange rates of and with respect to are in the ratio 100:120:1. The buying exchange rates of each of , and with respect to 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:
- The amount of used by the outlet to buy equals the amount of it received by selling .
- The amounts of used by the outlet to buy and are in the ratio .
- The amounts of the outlet received from the sales of and are in the ratio .
- The outlet received 88000 units of by selling during the day.
- The outlet started the day with some amount of units of units of B , and 48000 units of C .
- The outlet ended the day with some amount of units of 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 did the outlet sell on that day?
22000
19000
6000
3000
Question 3
What was the base exchange rate of currency with respect to currency on that day ?
Question 4
What was the buying exchange rate of currency with respect to currency 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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