IIFT 2006 Original Paper

Section – I
Direction for questions 1 to 4: Study the information given below and answer the questions.

A word arrangement machine, when given a particular input, rearranges it using a particular rule. The
following is the illustration and the steps of the arrangement

INPUT: lemon apple choco college girl dream room book calf
STEP 1 : choco apple lemon college girl dream calf book room
STEP 2 : lemon apple choco dream girl college room book calf
STEP 3 : calf lemon apple book choco college room girl dream
STEP 4 : apple calf lemon book choco college dream room girl
STEP 5 : lemon calf apple college choco book girl room dream
STEP 6 : dream lemon calf room apple book girl choco college.

1. Which of the following will not be step 10 for the given input?
(A) calf lemon dream room apple book college choco girl
(B) apple calf lemon book choco college dream room girl
(C) lemon college dream choco calf room book girl apple
(D) dream college lemon room calf choco apple girl book

Solution:
If the arrangement is repeated for the next six steps, they will be as follow. Let us represent each of
the words by a different number.

Lemon: 1
Apple: 2
Choco: 3
College: 4
Girl: 5
Dream: 6
Room: 7
Book: 8
Calf: 9
Input:- 1 2 3 4 5 6 7 8 9
Input  Step 1
The first three terms are reversed, similarly the last three.

Step I:- 3 2 1 4 5 6 9 8 7
Step I  II:- Every three terms group is reversed.
Step II:- 1 2 3 6 5 4 7 8 9
Step II  Step III:
9th term  1st term
1st term  2nd term
2nd term  3rd term
8th term  4th term
3rd term  5th term
6th term  6th term
7th term  7th term
5th term  8th term
4th term  9th term
Step III:- 9 1 2 8 3 4 7 5 6
Step III  Step IV:
First three terms group is moved cyclically and similarly the last three terms group
Step IV:- 2 9 1 8 3 4 6 7 5
Step IV to Step V:- Every group is reversed.
Step V:- 1 9 2 4 3 8 5 7 6
Step V to Step VI:- Same as the previous rearrangement from Step II to Step III.
Step VI:- 6 1 9 7 2 8 5 3 4
Similarly, the same sequence of steps are to be followed.
 Choices (A), (B) and (D)

2. Indicate all the step numbers for which the following will not be an output
(A) Step 7 (B) Step 8
(C) Step 9 (D) Step 12

Solution:
If the arrangement is repeated for the next six steps, they will be as follow. Let us represent each of
the words by a different number.

Lemon: 1
Apple: 2
Choco: 3
College: 4
Girl: 5
Dream: 6
Room: 7
Book: 8
Calf: 9
Input:- 1 2 3 4 5 6 7 8 9
Input  Step 1
The first three terms are reversed, similarly the last three.

Step I:- 3 2 1 4 5 6 9 8 7
Step I  II:- Every three terms group is reversed.
Step II:- 1 2 3 6 5 4 7 8 9
Step II  Step III:
9th term  1st term
1st term  2nd term
2nd term  3rd term
8th term  4th term
3rd term  5th term
6th term  6th term
7th term  7th term
5th term  8th term
4th term  9th term
Step III:- 9 1 2 8 3 4 7 5 6
Step III  Step IV:
First three terms group is moved cyclically and similarly the last three terms group
Step IV:- 2 9 1 8 3 4 6 7 5
Step IV to Step V:- Every group is reversed.
Step V:- 1 9 2 4 3 8 5 7 6
Step V to Step VI:- Same as the previous rearrangement from Step II to Step III.
Step VI:- 6 1 9 7 2 8 5 3 4
Similarly, the same sequence of steps are to be followed.

Choices (A), (C) and (D)

3. Mark all the arrangements that do not fall between step numbers 11 and 15.
(A) Choco book dream calf college lemon apple girl room
(B) book dream college girl lemon calf apple room choco
(C) book dream college room lemon girl apple calf choco
(D) college dream book girl lemon calf choco room apple

Solution:
If the arrangement is repeated for the next six steps, they will be as follow. Let us represent each of
the words by a different number.

Lemon: 1
Apple: 2
Choco: 3
College: 4
Girl: 5
Dream: 6
Room: 7
Book: 8
Calf: 9
Input:- 1 2 3 4 5 6 7 8 9
Input  Step 1
The first three terms are reversed, similarly the last three.

Step I:- 3 2 1 4 5 6 9 8 7
Step I  II:- Every three terms group is reversed.
Step II:- 1 2 3 6 5 4 7 8 9
Step II  Step III:
9th term  1st term
1st term  2nd term
2nd term  3rd term
8th term  4th term
3rd term  5th term
6th term  6th term
7th term  7th term
5th term  8th term
4th term  9th term
Step III:- 9 1 2 8 3 4 7 5 6
Step III  Step IV:
First three terms group is moved cyclically and similarly the last three terms group
Step IV:- 2 9 1 8 3 4 6 7 5
Step IV to Step V:- Every group is reversed.
Step V:- 1 9 2 4 3 8 5 7 6
Step V to Step VI:- Same as the previous rearrangement from Step II to Step III.
Step VI:- 6 1 9 7 2 8 5 3 4
Similarly, the same sequence of steps are to be followed.

Choices (A), (B), (C) and (D)

4. Mark two arrangements which will fall as consecutive steps at any time
(A) calf lemon dream room apple book college choco girl
(B) choco book dream calf college lemon apple girl room
(C) book dream college girl lemon room apple calf choco
(D) college dream book girl lemon room choco calf apple

Solution:
If the arrangement is repeated for the next six steps, they will be as follow. Let us represent each of
the words by a different number.

Lemon: 1
Apple: 2
Choco: 3
College: 4
Girl: 5
Dream: 6
Room: 7
Book: 8
Calf: 9
Input:- 1 2 3 4 5 6 7 8 9
Input  Step 1
The first three terms are reversed, similarly the last three.

Step I:- 3 2 1 4 5 6 9 8 7
Step I  II:- Every three terms group is reversed.
Step II:- 1 2 3 6 5 4 7 8 9
Step II  Step III:
9th term  1st term
1st term  2nd term
2nd term  3rd term
8th term  4th term
3rd term  5th term
6th term  6th term
7th term  7th term
5th term  8th term
4th term  9th term
Step III:- 9 1 2 8 3 4 7 5 6
Step III  Step IV:
First three terms group is moved cyclically and similarly the last three terms group
Step IV:- 2 9 1 8 3 4 6 7 5
Step IV to Step V:- Every group is reversed.
Step V:- 1 9 2 4 3 8 5 7 6
Step V to Step VI:- Same as the previous rearrangement from Step II to Step III.
Step VI:- 6 1 9 7 2 8 5 3 4
Similarly, the same sequence of steps are to be followed.

Choices (C) and (D)

Direction for question 5: Read the information given below and answer the question.

My father had given Rs.50 lakh worth of property to me in his will but with a strange condition. To own
the property, I need to spend Rs.2,000 on a commodity bundle which consists of 5 products. Every
unit of product 1 costs Rs. 115, of product 2 costs Rs. 90, of product 3 costs Rs.70, of product 4 costs
Rs.40 and product 5 costs Rs.45. For every unit of product 4 that I purchase, I must also buy only two
units of product 2. For every unit of product 1, I must buy one unit of product 3. for every unit of
product 5, I must also buy two units of product 4 and one unit of product 2. for every unit of any
product purchased, I earn 1000 points and for every rupee not spent, I face a penalty of 500 points. I
will get the property only if my points are positive, otherwise the money in the will goes to charity.

5. Mark all the correct statements.

(A) I can claim the property with current conditions
(B) I can claim the property if every unit of product 3 costs Rs.60, other prices remaining
unchanged.
(C) I can claim the property if unit price of product 4 increases by Rs.5, other prices remaining
unchanged.
(D) I can claim the property if unit price of product 4 decreases by Rs.5, other prices remaining
unchanged.

Solution:
As no condition is given regarding product 2 and product 3, he can buy as many units of product 2
and that of product 3 and can get a positive score. It can happen with all the four options given.
Hence, (A), (B), (C) and (D) are correct.
Choices (A),
(B), (C) and (D)

Direction for question 6: Read the information given below and answer the question.
A school in Bhopal decided to stage a historical drama, involving a battle between two ancient
kingdoms. As a part of the battle, four students, namely - Aslam, Bimal, Chris and Dilip dressed as
soldiers, marched through the stage at one point. When the make-up man dressed these four
students, he put a helmet on each one's head, without any one realizing the colour of their respective
helmets. The make-up man selected the helmets for these four students from 3 gold - plated helmets,
2 silver plated helmets and one copper - plated helmet at the make - up room. Now, when Aslam,
Bimal, Chris and Dilip marched in that order, Aslam being the first person in the queue could not see
the helmet on the heads of the other three. Bimal saw the colour of helmet on Aslam's head; Chris
saw the same on Aslam's head and Bimal's head and Dilip saw the helmets on the heads of all
others. After the drama, a classmate of them asked whether they were aware of the colour of the
helmet on their own head, starting from Dilip. No one could answer the question.

6. Mark all the incorrect statements

(A) Dilip did not observe the helmets on the heads of the other three actors, two of which were
silver - plated and one copper - plated.
(B) Bimal did not observe Aslam wearing either silver - plated or copper - plated helmet.
(C) Chris did not observe the helmets worn by Aslam and Bimal, one of which could be silver -
plated and the other copper - plated or both could be silver - plated helmets.
(D) None of the above.

Solution:
As it is given that every one answered ‘No’. Let us look at all the possibilities. There are 3 gold-
plated helmets, 2 silver-plated helmets and one copper-plated helmet.

If D can see 2 silver-plated helmets and one copper-plated helmet, then he can conclude that he
is wearing gold-plated helmet and his answer would have been ‘Yes’. But as his answer is ‘No’, D
would not have seen 2 silver-plated helmets and one copper-plated helmet.

Now, coming to the turn of C. Here, C is aware that D said ‘No’:

If C had seen 2 silver-plated helmets or 1 silver–plated helmet and 1 copper-plated helmet, then
he would realise his helmet must be of gold and will say ‘Yes’. As it did not happen, C did not see
the above.
Similarly, as B is aware that C said ‘No’, if B had seen a silver-plated helmet (or) copper-plated
helmet, he would not have said ‘No’.
 B did not see copper-plated helmet or silver-plated helmet.

 All the three statements are correct.

Choice (D)

Directions for questions 7 to 12: Study the 10 statements given below and answer the questions.

1. Six businessmen from six different nations are staying in different rooms in succession in the
same row in a hotel.
2. Each of them owns a different number of cars and has donated to different number of
institutions during the last year.
3. The businessman in Room No.102 owns twice as many as the number of cars owned by the
businessman who has donated to 8 institutions in the last year.
4. The businessman from Uruguay and the businessman in Room No. 106 together own 40 cars
in total.
5. The businessman from Argentina owns 8 cars less than the businessman from England but
donated to 10 more institutions in the last year.
6. Four times the number of cars owned by the businessman in Room No. 104 is lesser than the
number of institutions to which he has donated in the last year.
7. The businessman in Room No.103 owns 12 cars and donated to 8 institutions in the last
year.
8. The businessman who owns 16 cars donated to 24 institutions in the last year.
9. The businessman in Room No.105 owns 8 cars and donated to 2 institutions less than those
donated to by the businessman from Canada in the last year.
10. The Brazilian businessman is staying two rooms ahead of the English businessman who is staying
two rooms ahead of the Canadian businessman.

7. In which room is the Brazilian businessman staying?

(A) Room No.102 (B) Room No.103 (C) Room No.104
(D) Room No.105

Solution:
From the given information:

Room Country Cars Donations

101
102
103 12 8
104 (y) >4y
105 8 x–2
106

Here, the Brazil businessmen can stay in either room no. 105 or room no. 106. But from the options of
the first question of the set, it must be 105. Let us fill the other data from it.

Room Country Cars Donations

101 Canada – y+2
102 Uruguay 24
103 England 12 8
104 Argentina 4 18
105 Brazil 8 y
106 Germany 16 24

Brazilian is staying in 105.

Choice (D)

8. What is the number of institutions to which the Argentinean businessman donated in the last
year?
(A) 8 (B) 3 (C) 18
(D) 24

Solution:
From the given information:

Room Country Cars Donations

101
102
103 12 8
 104 (y) >4y
105 8 x–2
106

Here, the Brazil businessmen can stay in either room no. 105 or room no. 106. But from the options of
the first question of the set, it must be 105. Let us fill the other data from it.

Room Country Cars Donations

101 Canada – y+2
102 Uruguay 24
103 England 12 8
104 Argentina 4 18
105 Brazil 8 y
106 Germany 16 24

Argentinian businessman has donated in 18 institution.

Choice (C)

9. The businessman of which country is staying in Room No.106?

(A) Argentina (B) Canada (C) Uruguay
(D) Germany

Solution:
From the given information:

Room Country Cars Donations

101
102
103 12 8
104 (y) >4y
105 8 x–2
106

Here, the Brazil businessmen can stay in either room no. 105 or room no. 106. But from the options of
the first question of the set, it must be 105. Let us fill the other data from it.

Room Country Cars Donations

101 Canada – y+2
102 Uruguay 24
103 England 12 8
104 Argentina 4 18
105 Brazil 8 y
106 Germany 16 24
The businessman from Germany is staying in room no. 106.

Choice (D)

10. The businessman of which country has donated to 24 institutions in the last year?
(A) Argentina (B) Uruguay (C)
Canada (D) Germany

Solution:
From the given information:

Room Country Cars Donations

101
102
103 12 8
104 (y) >4y
105 8 x–2
106

Here, the Brazil businessmen can stay in either room no. 105 or room no. 106. But from the options of
the first question of the set, it must be 105. Let us fill the other data from it.

Room Country Cars Donations

101 Canada – y+2
102 Uruguay 24
103 England 12 8
104 Argentina 4 18
105 Brazil 8 y
106 Germany 16 24

The businessman from Germany donated to 24 institutions.

Choice (D)

11. The businessman of which country owns the highest number of cars?
(A) Argentina (B) Uruguay
(C) Germany (D) Brazil

Solution:
From the given information:

Room Country Cars Donations

101
102
103 12 8
 104 (y) >4y
105 8 x–2
106

Here, the Brazil businessmen can stay in either room no. 105 or room no. 106. But from the options of
the first question of the set, it must be 105. Let us fill the other data from it.

Room Country Cars Donations

101 Canada – y+2
102 Uruguay 24
103 England 12 8
104 Argentina 4 18
105 Brazil 8 y
106 Germany 16 24

From the options, the person from Uruguay owns the highest number of cars.

Choice (B)

12. How many cars are owned by the English businessman?

(A) 8 (B) 12 (C) 4 (D) 20

Solution:
From the given information:

Room Country Cars Donations

101
102
103 12 8
104 (y) >4y
105 8 x–2
106

Here, the Brazil businessmen can stay in either room no. 105 or room no. 106. But from the options of
the first question of the set, it must be 105. Let us fill the other data from it.

Room Country Cars Donations

101 Canada – y+2
102 Uruguay 24
103 England 12 8
104 Argentina 4 18
105 Brazil 8 y
106 Germany 16 24
The businessman from England has 12 cars.

Choice (B)
Directions for questions 13 to 16: Study the graphs below and answer the questions.

Total Population - Income-wise Total Population - Continent-wise

6764
7096
6418

7096
6764
6418
3048

3040
2928
2838

2814
2624

2039
1964
1888

1684
1581
1470
1008
980
997

477
478
478
World East Asia Europe & South Asia
World Low income Middle High income
and Pacific Central Asia
income

2005 2010 2015 2005 2010 2015

Male Population - Income-wise

Male Population - Continent-wise
3403
3569
3230

3569
3403
3230
1544

1528
1473
1438

1417
1330

1037
1001
963

863
812
756
483
491
497

229
229
230
World East Asia Europe & South Asia
World Low income Middle High income
and Pacific Central Asia
income

2005 2010 2015 2005 2010 2015

Female Population - Income-wise Female Population - Continent-wise

3360
3528
3189

3528
3360
3189
1504

1512
1455
1400

1397
1294

1001
963
924

821
769
715
505
511

248
248

249
497

World East Asia Europe & South Asia

World Low income Middle High income and Pacific Central Asia
income
2005 2010 2015
2005 2010 2015
13 Mark all the correct statements
(A) The growth rate of female populations in the world during the period 2005 - 2010 is expected
to be greater than the growth rate in male population in the world during 2010 - 2015.
(B) The growth rate of total population in high income countries during 2005 - 2010 is expected to
be greater than the growth rate of male population in East Asia and Pacific during 2010 -
2015.
(C) During 2005 - 2010, the growth rate of male population in low income countries is expected to
be lower than the growth rate of female population in low income countries.
(D) The growth rate of total world population during 2005 - 2010 and 2010 - 2015 is expected to
be greater than 5 per cent.

Solution:
3528  3360 168
(A) The growth rate in female population from 2005 to 2010 is 3360 = 3360

3569  3403 166


The growth rate in male population from 2010 to 2015 is 3403 3403

When the above two fractions are compared, for the first fraction numerator is more and
denominator is less, hence the first fraction will be more than the second one.
Statement A is correct.

(B) The growth rate of total population in high income countries from 2005 to 2010 is
997  980 17

980 980

The growth rate of male population in East Asia and Pacific from 2010 to 2015 is
1037  1001 36

1001 1001

In the above two fractions, denominators are almost equal, but the numerators of second
fraction is almost twice that of first. Hence, second fraction is more than the first one.
Hence, B is not correct.

(C) The growth rate of male population in low income countries from 2005 to 2010 is
1438  1330 108

1330 1330

The growth rate of female population in low income countries from 2005 to 2010 is
1400  1294 106
1294 1294

108 106

Here, 1330 1294

C is correct.

6764  6418
(D) The growth in the total population from 2005 to 2010 = 6418
346 1

= 6418 20

From 2010 to 2015

 7096  6764 332 1

6764  6764 20

D is not correct
Only A and C are correct.

Choice (A)
and (C)

14. Mark all the correct statements

(A) The share of high income countries in total female population is expected to be larger than the
share of these countries in total male population in each year.
(B) Population in high income countries is expected to grow at a faster rate than total world
population between 2010 and 2015.
(C) The share of South Asia's female population in total world population is expected to grow at a
higher rate than the rate at which the region's female population in total female population will
grow between 2005 and 2015.
(D) The growth rate in population of middle income countries is expected to be higher during 2010
- 2015 as compared to that during 2005 - 2010, while that of the high income countries is
expected to be lower taking the same periods into account.

Solution:
(A) Share of high income countries in total female population in different years is

497 505 511

2005:- 3189 , 2010:- 3360 , 2015:- 3528

Share of high income countries in total male population

483 491 497

2005:- 3230 ; 2010:- 3403 , 2015:- 3569

By comparing numerators & denominators,

497 483

3189 3230

505 491

3360 3403

511 497

3528 3569

Hence A is correct.

(B) From 2010 to 2015, the growth in population of high income countries is
997  1008
Total world population is
6764  7096
The values for the first one are almost equal,
Hence,
7096 1008

6764 997

B is incorrect.
 (C) The required value depends on the growth rates of total world population and total female
population from 2005 to 2015.
Total world population:-
6418  7096
Total female population
3189  3528
Here,

7096 3528

6418 3189

Hence, the required share in total world population will be more.

C is correct.
(D) The growth in middle income countries from
114
2005 to 2010 is 2814

112
2010 to 2015 is 2928

114 112

2814 2928

D is incorrect.
A and C are correct.

Choices (A)
and (C)

15. Mark all the incorrect statements

(A) The share of high income countries in total world population in 2005 is expected to be not
lower than the share of high income countries in total female population during 2005.
(B) The share of Europe and Central Asia in the total male population in all three periods given is
likely to be greater than seven per cent.
(C) The share of middle income countries in total female population in 2015 is not expected to be
lower than the share of low income countries in total world population in 2010.
(D) The share of South Asia in total female population in 2015 is not expected to be lower than the
share of South Asia in total world population in 2010.

Solution:
(A) Share of high income countries in total population in 2005 is

980 490

6418 3209

Share of high income countries in total female population in 2005.

497
3189

By comparing the above fractions

490 497

3209 3189

A is incorrect.
 (B) Share of Europe & Central Asia in total male population in different years is

229
 7%
2005:- 3230

229
 7%
2010:- 3403

230
 7%
2015:- 3569
B is incorrect.

(C) Share of middle income countries in total female population in 2015 is

1512
3528

Share of low income countries in total population in 2010 is

2838 1419

6764 3382

By observation,
1
1419  1512, the increase is approximately 7

1
3382  3528, the increase is approximately 20

1419 1512

Hence, 3382 3528

C is correct.

(D) Share of South Asia in total female population in 2015 is

821
3528

Share of South Asia in total world population in 2010 is

1581
6764

1581 is close to twice of 821 than by which 6764 is close to twice of 3528.
Hence,
821 1581

3528 6764

D is incorrect.
A, B, D are incorrect.

Choices (A), (B) and

(D)

16. Mark all the incorrect statements

(A) The share of South Asia in total world population is expected to rise by a larger margin than
the share of low income countries in total world population between 2005 and 2015.
 (B) The share of high income countries in total female population is expected to be larger than the
share of high income countries in total world population in both 2010 and 2015.
(C) The average annual growth rate of female population in East Asia & Pacific region between
2010 and 2015 is expected to be higher than the average annual growth rate of female
population in South Asia during the same period.
(D) As compared to female population, male population in Europe & Central Asia is expected to
grow at a higher rate between 2005 and 2015.

Solution:
(A) The population of South Asia in total world population in 2005 and 2015 is
1470  1684
The population of low income countries from 2005 to 2015 is
2624  3048
Increase is highest for low income countries.
Hence, A is incorrect.

(B) Share of high income countries in total female population is

505 511
2010:- 3360 ; 2015:- 3528

Share of high income countries in total population is

997 1008
2010:- 6764 ; 2015:- 7096

B is correct

(C) From 2010 to 2015, growth in female population in East Asia & Pacific is
963  1001
Growth for South Asia
769  821
38 52

963 769

C is incorrect.

(D) For Europe & Central Asia, growth in 2005 to 2015 in:
Male population is
229  230
Female population is
248  249

1 1

229 248

D is correct.
Hence, A and C are incorrect.

Choices (A) and (C)

Directions for questions 17 to 21: Questions are based on the table below. Unless otherwise
stated, all changes (increases, decreases) indicated in the questions must be calculated over the
immediate preceding year.

Sales Salaries and Wages R&D Profit/Los

2001 2002 2003 2001 2002 2003 2001 2002 2003 2001 2002
al) 53145 50184 52616 4296 4360 4315 26 36 39 -3770 -3437
ynthetics Ltd 2000 1953 2224 48 50 33 0 0 0 19 41
Ltd 1970 740 1552 136 46 102 0 0 0 -499 20
d 1477 992 1035 160 167 168 0 0 1 332 88
a Ltd 960 892 946 32 34 35 0 0 1 70 35

cals
25245 30273 34731 2009 2291 2716 538 820 993 1758 2586

boratories Ltd 2363 3461 4243 167 197 255 77 192 276 262 478
Laboratories Ltd 991 1712 1705 83 121 137 42 102 163 144 460
1064 1401 1573 50 63 73 41 47 0 179 208
ine Ltd 1143 1197 1242 139 139 139 4 4 4 49 98

Total) 26944 29323 30022 2164 2218 2323 200 263 247 830 692
3137 3487 4048 422 508 642 0 15 28 657 866
nologies Ltd 1901 2604 3623 718 1119 1678 17 15 14 629 808
ernational Ltd 3244 4974 3602 43 63 53 0 0 0 155 156
onics Ltd 1722 1947 2517 394 364 368 89 90 109 155 200

Total) 54396 55582 70341 5367 5643 6377 73 64 74 –2983 –4604

ty of India Ltd 17320 16624 20665 3135 3255 3728 52 50 55 –729 –1707
d 8491 8277 10517 922 1098 1218 10 8 16 553 205
at Nigam Ltd 3585 4200 5185 408 375 406 0 3 0 –291 –75
es Ltd 3217 2812 4658 45 40 55 9 0 0 –312 –443

17. Mark all the correct statements (B) In 2003, Salaries & wages as a percent
(A) Total salaries & wages over 2001 - 2003 53 1
as percent of total sales of the same 
period had been the highest for the iron of Sales for Videocon is 3602 70 and
& steel sector. 55 1

(B) In the year 2003, if all the companies for Ispat Industries Ltd., it is 4658 70
were ranked in descending order in
terms of salaries & wages as percent of  Videocon doesnot have the least.
sales, Videocon International would have B is incorrect.
been ranked the lowest.
(C) In the year 2002, if all companies were
(C) The required value is more than that of
ranked in descending order in terms of R
Bharat Electronics for only Ranbaxy
& D as percent of sales, Bharat
Laboratories Ltd., and Dr. Reddy’s
Electronics Limited would have been
Laboratories Ltd. Hence Bharat
ranked third.
Electronics Ltd., would be ranked third.
(D) Of all companies that made profits in
C is correct.
each year during 2001 - 2003, Wipro
registered the highest growth in profits
(D) The growth for Ranbaxy Laboratories
for the period
i.e., from 262  795 is more than that of
Wipro.
Solution:
Hence, D is incorrect.
(A) For Iron & Steel sector Salaries and
Only A and C are correct.
wages form almost 10% in every year
but for other it is very less.
Hence A is true.
 74
70343

 The ratio is more for Tata steel than

Choices (A) and (C)
18. Mark all the correct statements
(A) Wipro's share in total sales of the
electronics sector was lower than the
share of Tata Steel in total sales of the
iron & steel sector in each given year.
(B) From the group consisting of the textiles
and the iron & steel sector, there were 5
companies whose salaries & wages as
percent of total salaries & wages of their
respective sectors increased in 2003 as
compared to 2001.
(C) Tata steel's R & D expenditure in each
given year as percent of sales was lower
than that of the iron and steel sector as a
whole.
(D) From the group consisting of the
pharmaceuticals and the electronics
sectors, there were 5 companies which
experienced a decline in the growth
rate of sales in 2003.
Solution:
(A) Wipro’s share in total Sales
Electronics sector in different years is
3137 3487 4048
, ,
26944 29323 30022
Tata steel’s share is approximately 30%
in every year, which is much higher than
that of Wipro, which forms only (10-15)%
every year.
Hence A is correct.
(B) The textile companies that satisfied the
condition are Raymond Ltd. & Century
Enka Ltd. The Iron & Steel companies
that satisfied the condition are Steel
Authority of India Ltd., Tata Steel Ltd.
And Ispat Industries Ltd. i.e., a total of
five.
Hence, B is correct.
that of the Iron & Steel sector.
C is incorrect.
(D) Such companies are Ranbaxy
Laboratories Ltd., Dr. Reddy’s
Laboratories Ltd, Cipla Ltd.,
Glaxosmithkline Ltd., and Videocon
International Ltd. Hence D is correct.
A, B and D are correct.
Choices (A), (B) and
(D)
19. Mark all the correct statements
(A) Tata steel experienced the highest
percent decline in R & D expenditure in
any single year during the given period.
(B) Of all companies which incurred R & D
expenditure every year during 2001 -
2003, total R & D expenditure / total
sales was the highest for Dr Reddy's
Laboratories.
of (C) During 2001 - 2003, in terms of sales
growth, the best performer in the
pharmaceuticals sector fared better than
the best performer in the iron & steel
sector.
(D) Videocon International Ltd experienced
the second largest percent decline in
salaries & wages in any single year
during the given period.
Solution:
(A) The maximum decrease is for Cipla Ltd.,
i.e., 100% decrease from 2002 to 2003.
A is incorrect.
(B) The values of Ranbaxy & Dr. Reddy’s
are a bit close.
545
Ranbaxy:- 11066

(C) In 2003, 307

For Tata Steel Ltd., the required Dr. Reddy:- 4408
ratio is
16 307 545

10517 4408 11066

For Iron & Steel sector, it is B is correct.

 (C) The best performer in pharma is Dr.
Reddy’s and its performance is much
better the best performer in iron & steel
i.e., Rashtriya Ispat Nigam Ltd.
C is correct.
Choices (A), (B), (C) and (D)
(D) The highest decline is for Arvind mills
from 2001 to 2002 and the second 21. Mark all the situations described in the
highest is for Indo Rama Synthetics from options below, which when plotted, closely
2002 to 2003. resemble the figure.
D is not correct.
Only B and C are correct.

Choices (B) and (C)

2001 2002 2003
20. Mark all the incorrect statements
(A) Salaries & wages of each company in
the iron & steel sector were upto 13
times its losses reported in each of the
loss - making years. (A) Raymond Limited's share in the total
(B) Total salaries & wages over 2001 - 2003 sales of the textiles sector.
as percent of total sales of the same (B) Tata Steel's share in the total sales of
period for the pharmaceuticals sector the iron & steel sector.
had been the minimum. (C) Glaxosmithkline Ltd's salaries & wages
(C) Total Salaries & wages over 2001 - 2003 as percent of sales.
as percent of total sales of the same (D) Raymond Limited's profit as percent of
period for only two companies exceeded sales.
20 per cent.
(D) Total Profit / Total sales for all the four Solution:
sectors taken together was higher in In the graph, the value decreased a greater
2002 than in 2001. quantity from 2001 to 2002 and then almost
remained constant from 2002 to 2003.
Solution: If we look at the given values.
(A) The required condition is not satisfied for (A) Raymond’s share in Textiles sector.
Ispat Industries Ltd., and also Rashtriya
Ispat Nigam Ltd. 1477 992 1035
A is incorrect.  
53145 50184 52616
(B) The required value is the least for
2.7%  1.95%  1.95%
Electronics.
A is correct.
B is incorrect.
(B) Tata Steel’s share.
(C) For none of the sectors is the required
value more than 10%.Hence, C is 8491 8277 10517
 
incorrect. 54396 55582 70341

(D) From 2001 to 2002, total profit 15.6%  14.89%  14.95%

decreased. Hence D is incorrect. The decrease is very small.
A, B, C and D are incorrect. Hence, B is not correct.

(C) Glaxosmithkline’s Salaries & wages as

percent of Sales.
 139 139 139
 
1143 1197 1242

The value decreased in both the

instances.
C is not correct.

(D) Raymond’s Profit as a percent of Sales.

332 88 90
 
1477 992 1035

22.4%  8.7  8.7%

D is correct.
A and D are correct.

Choices (A)
and (D)