MBA Exam

Prince works in a company where his remuneration for the nth day is Rs. (n2 + 2), where ‘n’ is the number of days for which he has worked in the company. He does not spend any money on the first three days of his job. However, from the 4th day onwards he starts spending Rs. (n + 14) on the nth day. On which day would he save more than Rs.100 for the first time?

1) 10th
2) 11th
3) 12th
4) 13th

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MBA Other Question
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%
 Using one or more of the digits 1, 2, 3, 4, 5, 6 and 7, how many 7-digit numbers can be formed which are divisible by 7?(1) (2) (3) (4) (5)

1) 7^5 + 7^4 + 7^3 + 7^2 + 7
2) 4×7^5
3) 4×7^6
4) 7^6
5) 6×7^6