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January 12th, 2016, 10:18 AM
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Join Date: Mar 2012
Re: Numerical Ability Questions For Lakshmi Vilas Bank

As you asking for the Numeric Ability question paper of the lakshmi villas bank the question paper is given below:

wo traders, Chetan and Michael, were involved in the buying and selling of MCS shares over five trading days. At the beginning of the first day, the MCS share was priced at Rs.100, while at the end of the fifth day it was priced at Rs.110. At the end of each day, the MCS share price either went up by Rs.10, or else, it came down by Rs.10. Both Chetan and Michael took buying and selling decisions at the end of each trading day. The beginning price of MCS share on a given day was the same as the ending price of the previous day. Chetan and Michael started with the same number of shares and amount of cash, and had enough of both below are some additional facts about how Chetan and Michael traded over the five trading days.


Each day if the price went up, Chetan sold 10 shares of MCS at the closing price. On the other hand, each day if the price went down, he bought 10 shares at the closing price.?

If on any day, the closing price was above Rs.110, then Michael sold 10 shares of MCS, while if it was below Rs.90, he bought 10 shares, all at the closing price.?



1. If Chetan sold 10 shares of MCS on three consecutive days, while Michael sold 10 shares only once during the five days, what was the price of MCS at the end of day 3?
(1) Rs.90 (2) Rs.100 (3) Rs.110 -Answer (4) Rs.120 (5) Rs.130



2. If Chetan ended up with Rs.1300 more cash than Michael at the end of day 5, what was the price of the MCS share at the end of day 4?

(1) Rs.90 (2) Rs.100-Answer (3) Rs.110 (4) Rs.120 (5) Not uniquely determinable


3. If Michael ended up with 20 more shares than Chetan at the end of days 5, what was the price of the shares at the and of day 3?

(1) Rs.90 -Answer(2) Rs.100 (3) Rs.110 (4) Rs.120 (5) Rs.130-Answer


4. If Michael ended up with Rs.100 less cash than Chetan at the end of day 5, what was the difference in the number of shares possessed by Michael and Chetan (at the end of day 5)?

(1) Michael had 10 less shares than Chetan.
(2) Michael had 10 more shares than Chetan.
(3) Chetan had 10 more shares than Michael.
(4) Chetan had 20 more shares than Michael.
(5) Both had the same number of shares.-Answer



5. What could have been the maximum possible increase in combined cash balance of Chetan and Michael at the end of the fifth day?
(1) Rs.3700 (2) Rs.4000 (3) Rs.4700 (4) Rs.5000 -Answer(5) Rs.6000


Explanation:

Here the total increase in the price of the share is Rs.10.
Hence, of the five days, there must be an increase for three of the five days and there is decrease for two days.



1. (3) Given that, Michael sold 10 shares only once. Hence, the price is more than 110 for only one day and on all the remaining days it is not more than 110. We can get the share price as 120 with three increase and two decreases. But as the three increases are on consecutive days, the three days can be (Day 1, Day 2, Day 3) or (Day 2, Day 3, Day 4,) or (Day 3, Day 4, Day 5). But it cannot be (Day 1, Day 2, Day3), the reason being that the price will be more than 110 on day 2 as well as Day 3, It cannot be (Day 3, Day 4, Day 5) the reason being that the price cannot be 120 on any of the days.
The increase must be on (Day 2, Day3, Day4,).
There is a decrease on Day 1 and Day 5
The price at the end of Day 3 is 100-10+10+10=110.



2. (2) Given that Chetan ended up with Rs.1300 more than Michael at the end of Day 5. The maximum possible change in the amount with Chetan with Rs.1300, as he sells shares on three days and buys shares on the remaining two days.
Michael should not have sold any shares and also he should not have bought any shares.
The share price did not cross 110 or did not fall below 90 on any of the days. The price of the share at the end of Day 4 cannot be 120. It must be 100.



3. (1) Chetan will sell 10 shares each for three days and buy shares for two days. Hence, if he had x shares at the beginning of Day 1, he finally had (x-10) shares at the end of Day 5. Michael had (x+10) shares on Day 5. He bought 10 shares on one of the five days i.e shares price should be less than 90 on that day. It should be 80. Hence, the only possibility is 100-90-80-90-100-100 Day 1 Day 2 Day 3 Day 4 Day 5 It is 90 at the end of Day 3.



4. (5) If the difference in the shares is 10 or more, the difference in the amounts would be close to Rs.1000, but it is given the difference is Rs.100.
The number of shares with them must be the same. The following table represents one of the possibilities where Michael ended up with Rs.100 less than Chetan, while both of them ended up with the same number of shares.
Beginning Ending
Day 1 100 110
Day 2 110 120
Day 3 120 110
Day 4 110 100
Day 5 100 110



5.(4) The maximum possible cash balance is possible, when both of them sell the maximum number of shares.
That happens in the following case.
Beginning Ending
Day 1 100 110
Day 2 110 120
Day 3 120 130
Day 4 130 120
Day 5 120 110
The change in amount with Chetan
= (110×10) + (120×10) + (130×10) – (120×10) – (110×10) =1300
That with Michael = (120×10) + (130×10) + (120×10) = 3700
Total = Rs.5000.

Reasoning :

1. Four of the following five are alike in a certain way and so form a group. Which is the one that does not belong to the group ?
(A) Sand
(B) Stone
(C) Cement
(D) Brick
(E) Wall
Ans : (E)

2. If Yellow is called Green, Green is called Black, Black is called White, White is called Red, Red is called Blue, Blue is called Orange then what is the colour of milk ?
(A) White
(B) Black
(C) Red
(D) Green
(E) None of these
Ans : (C)

3. Pointing to a photograph Seema said ‘He is the only grandson of my mother’s father-in-law’. How is the man in photograph related to Seema ?
(A) Father
(B) Uncle
(C) Cousin
(D) Brother
(E) Cannot be determined
Ans : (D)

4. If ‘+’ means ‘×’, ‘×’ means ‘÷’, ‘÷’ means ‘–’ and ‘–’ means ‘+’ what is the value of—17 + 15 – 135 × 9 ÷ 70 ?
(A) 270
(B) 240
(C) 170
(D) 200
(E) None of these
Ans : (D)

5. If it is possible to make a meaningful word from the fourth, the fifth, the sixth, the eighth and the eleventh letters of the word GOURMANDISE using each letter only once first letter of the word is your answer. If more than one such word can be formed your answer is X. If no such word can be formed your answer is Y—
(A) D
(B) R
(C) M
(D) X
(E) Y
Ans : (D)

6. Four of the following five are alike in a certain way and so form a group. Which is the one that does not belong to the group ?
(A) Silver
(B) Gold
(C) Nickel
(D) Copper
(E) Brass
Ans : (E)

7. In a certain code EXTRA is written as % 5 # 73 and NOSE is written as 4 @ 8%; how is STORE written in that code ?
(A) 5#@7%
(B) 8#@7%
(C) 8#@%5
(D) 8@75%
(E) None of these
Ans : (B)

8. In a row of children facing North, Shamika is third to the right of Nikhil who is seventeenth from the right end of the row. Ravi is fifth to the left of Shamika and is twentieth from the left end. Total how many children are there in the row ?
(A) 39
(B) 38
(C) 37
(D) Cannot be determined
(E) None of these
Ans : (B)

9. How many such pairs of letters are there in the word EXAMINATION each of which has as many letters between them in the word, as they have in the English alphabet ?
(A) None
(B) One
(C) Two
(D) Three
(E) None of these
Ans : (C)

10. In a certain code ACQUIRE is written as EIRUQAC, how is DENSITY written in that code ?
(A) YTISNDE
(B) YITSNED
(C) YTISNED
(D) YITSNDE
(E) None of these
Ans : (D)

Directions—(Q. 11–15) These questions are based on the following letter/number/ symbol arrangement.
Study it carefully and answer the questions.
T 8 # 1 7 F J 5 % E R @ 4 D A 2 B © Q K 3 1 ● U H 6 L

11. How many such symbols are there in the above arrangement, each of which is immediately preceded by a consonant and not immediately followed by a vowel ?
(A) None
(B) One
(C) Two
(D) Three
(E) More than three
Ans : (C)

12. Four of the following five are alike in a certain way on the basis of their positions in the above arrangement and so form a group. Which is the one that does not belong to the group ?
(A) E@%
(B) #78
(C) 5EJ
(D) U6●
(E) QKB
Ans : (E)

13. How many such vowels are there in the above arrangement each of which is immediately preceded by a symbol and immediately followed by a number ?
(A) None
(B) One
(C) Two
(D) Three
(E) More than three
Ans : (B)

14. What will come in place of the question-mark (?) in the following series based on the above arrangement ?
TL8 #6I 7HF ?
(A) FUJ
(B) JU●
(C) FU●
(D) JU5
(E) None of these
Ans : (D)

15. Which of the following is seventh to the right of thirteenth from the right ?
(A) 1
(B) ●
(C) F
(D) 7
(E) None of these
Ans : (A)

Directions—(Q. 16–20) In each question below are given three statements followed by two conclus ions numbered I and II. You have to take the three given statements to be
true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three given statements, disregarding commonly known facts. Then decide which of the answer (A), (B), (C), (D)
and (E) is correct answer and indicate it on the answersheet. Give answer—
(A) If only conclusion I follows
(B) If only conclusion II follows
(C) If either conclusion I or conclusion II follows
(D) If neither conclusion I nor conclusion II follows
(E) If both conclusions I and II follow
Ans : (C)

16. Statements :
Some cards are plastics.
Some Plastics are metals.
All metals are pots.
Conclusions :
I. Some pots are cards.
II. No pot is a card.
Ans : (C)

17. Statements :
All chairs are tables.
All tables are trains.
All trains are buses.
Conclusions :
I. All tables are buses.
II. All trains are tables.
Ans : (A)

18. Statements :
Some machines are computers.
Some computers are calculators.
Some calculators are phones.
Conclusions :
I. Some phones are computers.
II. Some computers are machines.
Ans : (B)

19. Statements :
All spoons are bowls.
Some bowls are glasses.
Some glasses are plates.
Conclusions :
I. Some glasses are spoons.
II. Some plates are bowls.
Ans : (D)

20. Statements :
Some envelopes are packets.
Some packets are boxes.
All boxes are parcels.
Conclusions :
I. Some parcels are packets.
II. Some parcels are boxes.
Ans : (E)

Directions—(Q. 21–25) Each of the questions below consists of a question and two statements numbered I and II are given below it. You have to decide whether the data
provided in the statements are sufficient to answer the question.
Read both the statements and give answer—
(A) If the data in Statement I alone are sufficient to answer the question, while the datain Statement II alone are not sufficient to answer the question
(B) If the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question
(C) If the data either in Statement I alone or in Statement II alone are sufficient to answer the question
(D) If the data in both the Statements I and II are not sufficient to answer the question
(E) If the data in both the Statements I and II together are necessary to answer the question

21. Among D, B, J, T and F who was the first person to reach the office ?
I. D reached before J and F but after B.
II. B was not the first to reach office.
Ans : (E)

22. What is the code for ‘not’ in the code language ?
I. In the code language ‘do not go’ is written as ‘la ra de’.
II. In the code language ‘go to school’ is written as ‘ka ma ra.’
Ans : (D)

23. How many children are there in the class ?
I. Rita ranks 23rd from the top.
II. Anita ranks 17th from the bottom and is five ranks above Rita.
Ans : (E)

24. How is Neela related to Deepa ?
I. Neela’s mother is Deepa’s brother’s wife.
II. Neela is the only granddaughter of Deepa’s mother.
Ans : (C)

25. R is in which direction with respect to T ?
I. R is to the east of H who is to the north of T.
II. Q is to the east of T and to the South of R
Ans : (C)
Directions—(Q. 26–30) These questions are based on the following arrangements I & II. Study them carefully and answer the questions that follow—
I. P T 7 A # 4 B C 3 @ K F 1 9 ●
II. E H L © 6 8 $ U 5 J M 2 D% 1

26. How many such symbols are there in arrangements I & II together each of which is immediately preceded by a consonant and immediately followed by a numeral ?
(A) 3
(B) 4
(C) 5
(D) 1
(E) None of these
Ans : (E)

27. If P7© : TAL : : B3J : ?
(A) @KJ
(B) C@J
(C) C@5
(D) 3KJ
(E) None of these
Ans : (C)


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