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229.

Space Institute which is involved in training and helping students prepare for Management Institute Entrance exams, was established on January 1, 2004 with 3, 4, 5 and 6 faculty members in the Logical Reasoning (LR), Data Interpretation (DI), English Language and Quantitative Analysis (QA) areas respectively, to start with. No faculty member retired or institute recruited faculty members in each of the four areas. All these new faculty members who joined the institute. All of them joined the institute on April 1. During these four years, one of the faculty numbers retired at the age of 60. The following table gives the area-wise average age (in terms of number of completed years) of faculty members as on April 1 of 2004, 2005, 2006 and 2007.

Faculty 2004 2005
2006
2007

LR 49.33 44 45 46

DI 50.5 51.5 52.5 47.8

English 50.2 49 45 46

Quant 45 43 44 45

[1]	In which year did the new faculty member join the as the faculty of English? (A) 2004 (B) 2005 (C) 2006 (D) 2007

[2]

Professor Sharma and Professor Verma, two faculty members in the LR area, who have been with the Institute since its inception, share a birthday, which falls on 30th November. On was born in 1951 and the other one in 1954. On April 1, 2009 what would be the age of the third faculty member, who has been in the same area since inception?
(A) 47 (B) 50 (C) 51 (D) 52

asked in IIFT

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230.

LG Electronic s finds that it can sell x television per week at Rs. p each where
p = 2(100 - x/4). The cost of production of x television per week is Rs. (120x + x²/2). Find it’s maximum profit per week.
(A) 1200 (B) 1700 (C) 1600 (D) 1000

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231.

IBM-Daksh observes that it gets a call at an interval of very 10 minutes from Seattle, at every 12 minutes from Arizonia, at the interval of 20 minutes from New York and after every 25 minutes it gets the call from Newark. If in the early morning at 5:00 a.m. it has received the calls simultaneously from all the four destinations, then at which time it will receive the calls at a time from all places on the same day?
(A) 10:00 a.m. (B) 3:00 a.m. (C) 5:00 a.m. (D) both (A) and (B)

asked in IIFT

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232.

For constructing the working class consumer price index number of a particular town, the following weights corresponding to different group of items were assigned:

Food - 55, Fuel - 15, Clothing - 10, Rent - 8 and Miscellaneous - 12

It is known that the rise in food prices is double that of fuel and the rise in miscellaneous group prices is double that of rent. In October 2006, the increased D. A. by a factory of that town by 182% fully compensated for the rise in prices of food and rent but did not compensate for anything else. Another factory of the same locality increased D. A. by 46.5% which compensated for the rise in fuel and miscellaneous groups.
Which is the correct combination of the rise in prices of food, fuel, rent and miscellaneous groups?
(A) 320.14, 159.57, 95.64, 166.82
(B) 317.14, 158.57, 94.64, 189.28
(C) 311.14, 159.57, 90.64, 198.28
(D) 321.14, 162.57, 84.46, 175.38

asked in IIFT

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233.

The value of the expression 7777 + 7777 × 7777 × (5 / 77) × (11 / 35) is:
(A) 1234321 (B) 12344321 (C) 7^7777 (D) None of these

asked in IIFT

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234.

Pawan retires at the age of 60 years and his employers gives him a pension of Rs. 3600/- a year paid in half yearly installments for the rest of his life. Assuming life expectancy in India is 70 years and interest is 6% per annum payable half yearly, determine the present value of the pension.
[Given, (1.03)^–20 = 0.55362].
(A) 26,728.50 (B) 27,782.80 (C) 26,744.40 (D) 26,782.80

asked in IIFT

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