Wipro Company Logical Reasoning Mathematical Reasoning

The 38 corporations that filed Indian income tax returns showing a net income of more than hundred million rupees accounted for 53 percent of the total taxable income from foreign sources reported on all tax returns. Sixty percent of the total taxable income from foreign sources came from the 200 returns reporting income from 10 or more countries. If the statements above are true, which of the following must also be true?
(a) Most of the total taxable income earned by corporations with net income above Rs. 100 million was earned from foreign sources (b) Wealthy individuals with large personal incomes reported 47 percent of the total taxable income from foreign sources (c) Income from foreign sources amounted to between 53 and 60 percent of all reported taxable income (d) Some of the corporations with net income above Rs. 100 million reported income from 10 or more countries

Read Solution (Total 0)

Wipro Other Question

In 1992, 5 percent of every rupee paid in tax went to support the unemployed citizens. In 1998, 8 percent of every rupee paid in tax went to such funds, although that unemployment rate has decreased in 1998 than in 1992. Each of the following, if true, could explain the simultaneous increase in percent of every rupee paid in tax to support the unemployed citizens and decrease in the number of unemployment rate EXCEPT:
(a) On average, each unemployed citizen received more money in 1998 than 1992 (b) On average, people paid less tax in 1998 than in 1992 (c) The individuals had paid more tax than did enterprises during this period (d) Income before tax has significantly decreased since 1992
The Indian navy has a rigorous training program. In order to graduate from the naval academy, cadets must enter a pool and fight sharks. Today, a group of cadets were tested. Each cadet put on his mask, snorkel, and two flippers; and armed himself with a knife. Then the cadets jumped into the pool. The sharks were then released from their pens. After 10 minutes of grueling hand-to-fin combat, all the sharks were killed. Miraculously, none of the cadets were killed. Exiting the pool, the cadets began to haul the shark bodies out of the water. The dead sharks were soon lying in a row. One of the cadets noted that during the fight, there were 4 times as many cadets in the water as there were sharks. A second cadet then stated that the number of legs they now had was equal to the square of the number of sharks. A third said that the number of cadet legs was 14 more than the total number of cadet and shark heads. How many sharks were killed?
(a) 2
(b) 3
(c) 4
(d) 6