CAT Quantitative Ability Questions | CAT Percentage, Profit & Loss questions
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FundaMakers as a team has taken a painstaking step to bring you all the solutions of the Simple Interest and Compound Interest (SI & CI) asked in the Previous Year CAT exam. CAT question bank offered by FundaMakers is a power-packed topic-wise compilation of the entire CAT previous year questions. Questions from the Simple Interest and Compound Interest (SI & CI) topic are some of the most scoring questions in the QA section. Other than the formulaic knowledge, it also tests your clarity about the topic. To maximize your CAT score make use of FundaMakers CAT Question Bank. “Questions from CAT previous years” examination papers have been incorporated. Let’s get started with CAT Past Year Simple Interest and Compound Interest (SI & CI) Questions.
Comprehension
Directions for Questions 13 and 14: Answer the following questions based on the information given below:
Shabnam is considering three alternatives to invest her surplus cash for a week. She wishes to guarantee maximum returns on her investment. She has three options, each of which can be utilized fully or partially in conjunction with others.
Option A : Invest in a public sector bank. It promises a return of +0.10%.
Option B : Invest in mutual funds of ABC Ltd. A rise in the stock market will result in a return of + 5% while a fall will entail a return of –3%.
Option C: Invest in mutual funds of CBA Ltd. A rise in the stock market will result in a return of –2.5%, while a fall will entail a return of +2%.
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