MBA Exam

14. A circular dartboard of radius 1 foot is at a distance of 20 feet from you. You throw a dart at it and it hitsthe dartboard at some point Q in the circle. What is the probability that Q is closer to the center of thecircle than the periphery?• 1• 0.75• 0.5• 0.25

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MBA Other Question

Rohan and five of his friends contributed equal money and hired a car to Goa. At least one of his friends pulled out of the trip at the last moment and so they decided to divide the expenses between the rest of the people. During the journey the car required some minor repair for Rs.250 which they paid extra. The total travelling expenses, including the repair charges, amounted to Rs.410 per person. If each of the six friends had contributed an integral amount more than Rs.100 initially, then what was their total initial contribution?

1) 1800
2) 570
3) 2640
4) NOT
Mutual fund XYZ offers schemes where one can invest for a period of 30 days.SCHEME A: It invests the money in debt funds and gives a steady return of 1.2%SCHEME B: It takes the bearish view of the market and short sells itand offers a return of -6%if the market goes up and 9% return if themarket goes downSCHEME C:It takes the bullish views of the market and buys into it and gives a 13% returnif market goes up and -7%return if the market goes down.Find the max guaranteed return that any person can expect if he invested in one or more of these scheme.

1) 13/7 %
2) 15/7%
3) 16/7%
4) 17/7%