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In CMAT 2020 “Quantitative Techniques” section will have 25 questions comprising of 100 marks.
MBA aspirants who are appearing for CMAT Exam 2020 which will be conducted in January 2020 should practice for “Quantitative Techniques” as follows:
Ram invested `2,500 each in two investment schemes viz. Compound Interest Scheme, interest being compounded annually and Simple Interest Scheme. If the difference between the CI and SI is`100 after 2 years, what is the rate of interest per annum, if it is same for both the schemes?
(a) 20% (b) 18% (c) 10% (d) 5%
Three parts of 32% H2SO4 is mixed with ‘n’ parts of 20% H2SO4 to form a 24.5% H2SO4 solution. What is the value of ‘n’?
(a) 5 (b) 3 (c) 8 (d) 4