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Avinash attended a job interview, wherein he was asked to choose among three offers -I, II, and III.
Offer I: A starting salary of Rs.16,000 per year, with an increase of Rs.800 every year.
Offer II: A starting salary of Rs.8,000 pe half year, with an increase of Rs.200 every half year.
Offer III: A starting salary of Rs.4,000 per quarter year, with an increase of Rs.100 every quarter year.
The most profitable choice for Avinash in two years would be?
  • a)
    I
  • b)
    II
  • c)
    III
  • d)
    Both I and II
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Avinash attended a job interview, wherein he was asked to choose amon...
The most profitable choice for Avinash in two years would be both Offer I and II.

Offer I:
- Starting salary: Rs.16,000 per year
- Increase: Rs.800 every year

Offer II:
- Starting salary: Rs.8,000 per half year
- Increase: Rs.200 every half year

Calculating the total salary for two years:

Offer I:
- Year 1: Rs.16,000
- Year 2: Rs.16,000 + Rs.800 = Rs.16,800

Offer II:
- Half Year 1: Rs.8,000
- Half Year 2: Rs.8,000 + Rs.200 = Rs.8,200
- Year 1: Rs.16,400
- Half Year 3: Rs.8,200 + Rs.200 = Rs.8,400
- Half Year 4: Rs.8,400 + Rs.200 = Rs.8,600
- Year 2: Rs.16,400 + Rs.8,400 + Rs.8,600 = Rs.33,400

Comparing the total salaries:
- Offer I: Rs.16,000 + Rs.16,800 = Rs.32,800
- Offer II: Rs.33,400

Conclusion: The total salary for Offer II is higher than Offer I, making Offer II the most profitable choice for Avinash in two years.
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Community Answer
Avinash attended a job interview, wherein he was asked to choose amon...
Offer I:
In the first year, Avinash gets Rs.16000
In the second year Avinash gets Rs.16800
If first two years are considered Avinash gets = Rs, 16000 + Rs.16800 = Rs,32800
Offer II :
1st year: Rs.8000 + Rs.8200 = Rs.16200
2nd year: Rs.8400 + Rs.8600 = Rs.17000
End of two years Avinash gets Rs.33200
Offer III:1st year: Rs.4000 + Rs.4100 + Rs.4200 + Rs.4300 = Rs.16600
2nd year: Rs.4400 + Rs.4500 + Rs.4600 + Rs.4700 = Rs.18200
End of two years Avinash gets Rs.34800
Clearly among the three offers, offer III is the best paying option.
Hence, the correct option is (c).
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Avinash attended a job interview, wherein he was asked to choose among three offers -I, II, and III.Offer I: A starting salary of Rs.16,000 per year, with an increase of Rs.800 every year.Offer II: A starting salary of Rs.8,000 pe half year, with an increase of Rs.200 every half year.Offer III: A starting salary of Rs.4,000 per quarter year, with an increase of Rs.100 every quarter year.The most profitable choice for Avinash in two years would be?a)Ib)IIc)IIId)Both I and IICorrect answer is option 'C'. Can you explain this answer?
Question Description
Avinash attended a job interview, wherein he was asked to choose among three offers -I, II, and III.Offer I: A starting salary of Rs.16,000 per year, with an increase of Rs.800 every year.Offer II: A starting salary of Rs.8,000 pe half year, with an increase of Rs.200 every half year.Offer III: A starting salary of Rs.4,000 per quarter year, with an increase of Rs.100 every quarter year.The most profitable choice for Avinash in two years would be?a)Ib)IIc)IIId)Both I and IICorrect answer is option 'C'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Avinash attended a job interview, wherein he was asked to choose among three offers -I, II, and III.Offer I: A starting salary of Rs.16,000 per year, with an increase of Rs.800 every year.Offer II: A starting salary of Rs.8,000 pe half year, with an increase of Rs.200 every half year.Offer III: A starting salary of Rs.4,000 per quarter year, with an increase of Rs.100 every quarter year.The most profitable choice for Avinash in two years would be?a)Ib)IIc)IIId)Both I and IICorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Avinash attended a job interview, wherein he was asked to choose among three offers -I, II, and III.Offer I: A starting salary of Rs.16,000 per year, with an increase of Rs.800 every year.Offer II: A starting salary of Rs.8,000 pe half year, with an increase of Rs.200 every half year.Offer III: A starting salary of Rs.4,000 per quarter year, with an increase of Rs.100 every quarter year.The most profitable choice for Avinash in two years would be?a)Ib)IIc)IIId)Both I and IICorrect answer is option 'C'. Can you explain this answer?.
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