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Posted Date: 02 Nov 2008 Posted By: Aditya Gupta Member Level: Gold Category: Arithmetic Reasoning
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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%. What strategy will maximize the guaranteed return to Shabnam?
Select Answer:
100 % in option A
36 % in option B and 64% in option C
64 % in option B and 36% in option C
1/3 in each of the three options
Question Source: CAT, MAT, XAT, GMAT, GRE
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Your Test Score: 0 / 0
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Next Question:
A quadratic function f(x) attains a maximum of 3 at x = 1. The value of the function at x = 0 is 1. What is the value of f(x) at x = 10?
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Previous Question:
In a tournament, there are n teams T1, T2, ...,Tn, with n >5. Each team consists of k players, k > 3. The following pairs of teams have one player in common:
T1 & T2, T2 & T3,.... Tn-1 & Tn, and Tn & T1
No other pair of teams has any player in common. How many players are participating in the tournament, considering all the n teams together?
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