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Logicxonomy

Logicxonomy

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Aptitude and logical reasoning for CAT/GMAT/XAT/SNAP etc. by RAJNIKANT MISHRA

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Read the following scenario and answer the THREE questions that follow. An investment company, WinLose, recruits employees to trade in the share market. For newcomers, they have a one-year probation period. During this period, the employees are given Rs. 1 lakh per month to invest the way they see fit. They are evaluated at the end of every month, using the following criteria: 1. If the total loss in any span of three consecutive months exceeds Rs. 20,000, their services are terminated at the end of that 3-month period, 2. If the total loss in any span of six consecutive months exceeds Rs. 10,000, their services are terminated at the end of that 6-month period. Further, at the end of the 12-month probation period, if there are losses on their overall investment, their services are terminated. Ratan, Shri, Tamal and Upanshu started working for WinLose in January. Ratan was terminated after 4 months, Shri was terminated after 7 months, Tamal was terminated after 10 months, while Upanshu was not terminated even after 12 months. The table below, partially, lists their monthly profits (In Rs. '000) over the 12-month period, where x, y and z are masked information. Note: 1. A negative profit value indicates a loss. 2. The value in any cell is an integer. Illustration: As Upanshu is continuing after March, that means his total profit during January-March (2z+2z+0) - Rs.20,000. Similarly, as he is continuing after June, his total profit during January-June ≥ - Rs.10,000, as well as his total profit during April-June ≥ - Rs.20,000.
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How many of the following combination(s) is/are definitely correct? L. Anita - Saket - 2 T-shirts, 1 ring and 1 wrist band. II. Eshita - Vikaspuri - Rs.3200 Ill. Chandni - Lajpat Nagar - 1 shoe, 2 rings and 1 wristband IV. Babita - Noida - Rs.4700
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Six friends - Anita, Babita, Chandni, Danish, Eshita and Fatima decided to go for shopping to purchase items viz. T-shirt, bag, ring, shoes and wristband having cost as Rs. 1100/piece, Rs.1800/piece, Rs.400/piece, Rs.4500/pair and Rs.300/piece respectively. Together, they purchased total 22 items and spent Rs.2900, Rs.3200, Rs.4700, Rs.5500, Rs.5600 and Rs.7100 in any order. These friends belong to six different places of Delhi-NCR - Saket, Vikaspuri, Lajpat Nagar, Ghaziabad, Noida and Preet Vihar not necessarily in that order. The following information is also known: I. The number of items purchased by each friend was neither less than 2 nor more than 4. At least 3 items of each type were purchased by six of them put together. II. The amount spent by Babita who had not purchased wrist band was less than that by the friend who was from Lajpat Nagar but more than that by the friend from Saket. Ill. Eshita from Vikaspuri purchased single piece (or pair) of any type of items. IV. The friend, who had spent the most, had not purchased T-shirt. Friend from Noida had purchased shoes. V. Fatima was from Ghaziabad. The absolute difference between the amount spent by Chandni and Danish was more than Rs. 1500. VI. Amount spent by Chandni was more than that by Babita but less than that by the friend who belongs to Noida
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Three countries - Pumpland (P), Xiland (X) and Cheeseland (C) - trade among themselves and with the (other countries in) Rest of World (ROW). All trade volumes are given in IC (international currency). The following terminology is used: Trade balance = Exports - Imports Total trade = Exports + Imports Normalized trade balance = Trade balance / Total trade, expressed in percentage terms The following information is known. 1. The normalized trade balances of P, X and C are 0%, 10%, and -20%, respectively. 2. 40% of exports of X are to P. 22% of imports of P are from X. 3. 90% of exports of C are to P; 4% are to ROW. 4. 12% of exports of ROW are to X, 40% are to P. 5. The export volumes of P, in IC, to X and C are 600 and 1200, respectively. P is the only country that exports to C.
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