MANAGEMENT APTITUDE TEST 5 NOV by tkjainbkn

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									MANAGEMENT APTITUDE TEST
AFTERSCHO☺OL
– DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL

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MANAGEMENT APTITUDE TEST
Dr. T.K. Jain.

AFTERSCHO☺OL
Centre for social entrepreneurship Bikaner M: 9414430763 tkjainbkn@yahoo.co.in www.afterschool.tk, www.afterschoool.tk
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A shopkeeper defrauds both the dealer and the customer by measuring the weights incorrectly. When he is purchasing items from the dealer, he takes 20% more than the indicated weight and while selling he gives to the customer n quantity, such that if 20% is added to it, the indicated weight is obtained. If the price that the shopkeeper charges his customer is the same as what the dealer charges the Shopkeeper, what is the shopkeeper’s profit percentage? (1) 40% (2) 44% (3) 50% (4) 60%

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Solution
• Let us assume that the shopkeeper buys 100 kg @ 100. He gets 120 KG. for 100. Now 120 kg will be sold as : • 120 * 100/80 = 150. thus he obtains Rs. 100 @ 100 per kg. Thus he is earning 50% profit on cost. Answer.

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A salesman used to get a commission of 12% on his total sates. A new policy is introduced and he now gets a fixed sum of Rs.4680 and 8% commission on total sales made in excess of Rs,16000 The salesman’s total sales for the previous month exceeded Rs.16000 His total sales for this month was the same as that of last month and his revenue this month is Rs.1000 more than that of Iastmonth. Find his total sales (in Rs.) this month. (1) 40000 ‘(2) 56000 (3) 60000 (4) 70000
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Solution
• • • • • • Let us assume that his sale is X. .12X + 1000 = 4680 + .08(X-16000) .12X + 1000 = 4680 + .08X -1280 .04X = 4680 – 2280 X = 2400 / .04 X = 60000 or the sale was of Rs. 60000. Answer.
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Merchant A sold an article after giving a 30% discount. Merchant B sold the same article after giving three successive discounts of 10% each. Merchant C sold the same article after giving successive discounts of 15%, 10% and 5%. If the marked prices of the three merchants were the same, find the ascending order of their selling prices. (1) ACB (2) ABC (3) BCA (4) BAC
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Solution
• • • • • Let the selling price be 100. Selling price by 1st seller = 70 By 2nd seller = 100*.9*.9*.9 =72.9 by 3rd seller = 100 *.85*.90*.95 = 72.67 Thus correct order is ACB . Answer.

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The price of an item went up by 25% and a family decided to reduce its consumption so that the total expenditure would increase by only 8% as compared to the previous expenditure. If 25 kg of the item was consumed previously, then how many kg of the item should be consumed now? (1) 25 kg (2) 20 kg (3) 22.4 kg (4) 21.6 kg

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Solution
• Let us assume that the earlier rate was Rs. 100 • Total expenditure = 2500 • New rate = 125 • New consumption: 2500*1.08 • =2700 • Thus new consumption = 2700/125 = 21.6 kg. answer.
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Solve it ….
• A salesman used to get 8% on the total sales as commission. Under a new policy he now gets a fixed amount Rs.2000 and 5% commission on any amount of sales above Rs.10000. The salesman thus got Rs.540 more this month. What were his total sales for this month? • (1) Rs.20000 (2) Rs.26000 • (3) Rs.32000 (4) Rs.35000
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Solution
• • • • • • Let us assume the the sales was of Rs. X. .08X +540 = 2000+ .05(X – 10000) .08X + 540 = 2000+.05X – 500 .03X = 2000 – 500 – 540 X = 960 / .03 X = 32000 answer.

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AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

Find the length of a train running at 45 kmph which can cross a bridge of length 250 m. in 38 seconds.
• • • • • Convert speed into meters / seconds = 45*5/18 = 12.5 m per second Speed travelled in 38 seconds : 38 *12.5 = 475 The distance of train is 475 – 250 = 225 answer.
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Find the time taken by a train of length 100 m running at a Speed of 72 kmph to cross another train of length 200 m running at a speed of 63 kmph in the same direction.
• • • • • Add the two lengths = 100 + 200 = 300 Find the difference of speed = 72 – 63 = 9 Convert speed into meters / seconds = 9 *5/18 = 2.5 Divide length by speed = 300/2.5 = 120 seconds or 2 minutes. Answer.
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Two trains running at 63 kmph and 45 kmph cross each other in 15 seconds, when they run in opposite direction. When they run in the same direction, a person from the faster train observes that he crossed the other train in 40 seconds. Find the lengths of the two trains. - www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

Solution
• • • • Let us add their speed 63 + 45 = 108 km per hour Convert it into m/s = 108*5/18 = 30 m./s In 15 seconds they will cover 15*30 = 450 meters. Thus their combined length is 450 meters. We cannot find the length of the individual trains. Answer.
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ABOUT AFTERSCHO☺OL
Afterschoool conducts three year integrated PGPSE (after class 12th along with IAS / CA / CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM. This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.

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AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

Why such a programme?
• To promote people to take up entrepreneurship and help develop the society • To enable people to take up franchising and other such options to start a business / social development project • To enable people to take up social development as their mission • To enable people to promote spirituality and positive thinking in the world
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Who are our supporters?
• Afterschoolians, our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us. • You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.

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About AFTERSCHO☺OL PGPSE – the best programme for developing great entrepreneurs
• • • • • Most flexible, adaptive but rigorous programme Available in distance learning mode Case study focused- latest cases Industry oriented practical curriculum Designed to make you entrepreneurs – not just an employee • Option to take up part time job – so earn while you learn • The only absolutely free course on internet
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Workshops from AFTERSCHO☺OL
• • • • • • • • • IIF, Delhi CIPS, Jaipur ICSI Hyderabad Branch Gyan Vihar, Jaipur Apex Institute of Management, Jaipur Aravali Institute of Management, Jodhpur Xavier Institute of Management, Bhubaneshwar Pacific Institute, Udaipur Engineering College, Hyderabad

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Flexible Specialisations:
• • • • • • • • • • Spiritualising business and society Rural development and transformation HRD and Education, Social Development NGO and voluntary work Investment analysis,microfinance and inclusion Retail sector, BPO, KPO Accounting & Information system (with CA / CS /CMA) Hospital management and Health care Hospitality sector and culture and heritage Other sectors of high growth, high technology and social relevance

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Salient features:
• The only programme of its kind (in the whole world) • No publicity and low profile course • For those who want to achieve success in life – not just a degree • Flexible – you may stay for a month and continue the rest of the education by distance mode. / you may attend weekend classes • Scholarships for those from poor economic background • Latest and constantly changing curriculum – keeping pace with the time • Placement for those who are interested • Admissions open throughout the year • Latest and most advanced technologies, books and study material
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Components
• • • • • • • • • • • • • • Pedagogy curriculum and approach based on IIM Ahmedabad and ISB Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad) Meditation, spiritualisation, and self development EsGotitial softwares for business Business plan, Research projects Participation in conferences / seminars Workshops on leadership, team building etc. Written submissions of research projects/articles / papers Interview of entrepreneurs, writing biographies of entrepreneurs Editing of journals / newsletters Consultancy / research projects Assignments, communication skill workshops Participation in conferences and seminars Group discussions, mock interviews, self development diaryng Mind Power Training & writing workshop (by Dr. T.K.Jain)

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Pedagogy
• • • • • • • • • Case analysis, Articles from Harvard Business Review Quiz, seminars, workshops, games, Visits to entrepreneurs and industrial visits PreGotitations, Latest audio-visuals Group discussions and group projects Periodic self assessment Mentoring and counselling Study exchange programme (with institutions out of India) • Rural development / Social welfare projects
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Branches
• AFTERSCHO☺OL will shortly open its branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.

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Case Studies
• We want to write case studies on social entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.

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AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

Basic values at AFTERSCHO☺OL
• • • • • • Share to learn more Interact to develop yourself Fear is your worst enemy Make mistakes to learn Study & discuss in a group Criticism is the healthy route to mutual support and help • Ask fundamental questions : why, when, how & where? • Embrace change – and compete with yourself only
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www.afterschoool.tk social entrepreneurship for better society

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