[Ans] (E)
[Question] A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
Options:
(A) 12
(B) 10
(C) 14
(D) 25
(E) 15
[CoT] Dividend Rs 20 = (9/100*20) = 9/5
12 is an income on Rs 100
Rs 9/5 is an income Rs (100/12*9/5) = Rs 15

[Ans] (A)
[Question] The number of people at Ovations Bar in the hour from 12 p.m. to 1 p.m. was 20% greater than the number of people there from 11 a.m. to 12 p.m. The number of the people at the bar from 11 a.m. to 12 p.m. was 10% more than the number there from 10 a.m. to 11 a.m. If 242 people were at the bar from 11 a.m. to 1 p.m., which of the following is the number of people in the bar from 10 a.m. to 11 a.m.?
Options:
(A) 100
(B) 20
(C) 30
(D) 40
(E) 50
[CoT] No of people from 10 - 11 is x
No of people from 11 - 12 is 11x/10
No of people from 12 to 1 is (6/5)(11x/10)
Given that 11x/10 + (6/5)(11x/10) = 121x / 50 = 242
Then x = 100

[Ans] (A)
[Question]
In an office, 20 percent of the workers have at least 5 years of service, and a total of 16 workers have at least 10 years of service. If 90 percent of the workers have fewer than 10 years of service, how many of the workers have at least 5 but fewer than 10 years of service?
Options:
(A) 32
(B) 64
(C) 50
(D) 144
(E) 160
[CoT] (10/100)Workers = 16 = > number of workers = 160
(20/100)*Workers = x+16 = > x = 32