CAT 1991 — QA Question 52
Answer the following questions based on the information given below:
There were a hundred schools in a town. Of these, the number of schools having a play – ground was 30, and these schools had neither a library nor a laboratory. The number of schools having a laboratory alone was twice the number of those having a library only. The number of schools having a laboratory as well as a library was one fourth the number of those having a laboratory alone. The number of schools having either a laboratory or a library or both was 35.
Each of these items has a question followed by two statements. As the answer,
Type 1, If the question can be answered with the help of statement I alone,
Type 2, If the question can be answered with the help of statement II alone,
Type 3, If both the statement I and statement II are needed to answer the question, and
Type 4, If the question cannot be answered even with the help of both the statements.
The average of three unequal quotations for a particular share is Rs.110. If all are quoted in integral values of rupee, does the highest quotation exceed Rs.129?
- The lowest quotation is Rs.100.
- One of the quotations is Rs.115.
Answer & solution
1
- B
2
- C
3
- D
4
Sum of all the three quotations = 110 × 3 = 330
From statement I, if the lowest quotation is 110 then the sum of other two quotations = 330 – 100 = Rs. 230.
Now, minimum value of second quotation = Rs. 101
Therefore, maximum value of third quotation = 230 – 101 = Rs. 129.
Hence, 1.