CAT Exam  >  CAT Questions  >  Group QuestionAnswer the following question b... Start Learning for Free
Group Question
Answer the following question based on the information given below.
 
CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P. was left unsold. Further, the following information is given :
1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.
2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.
3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.
4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.
5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.
6. The reserve price of both the properties bought by Major Amar is same.
7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.
Answer the following questions based on the information given above.
 
 
Q.The total amount spent by Brigadier Dilip in lakhs is:
    Correct answer is '236'. Can you explain this answer?
    Verified Answer
    Group QuestionAnswer the following question based on the information g...
    From (1) and (7), properties having R.R 10 lakhs and 150 lakhs were sold at their respective R.R From (5), Naik Birajdar has to buy his maximum two properties with B.R Rs.10 lakhs and Rs.18 lakhs. Thus, the property with R.R Rs.10 lakhs is bought by Naik Birajdar.
    From (4), the property with R.R Rs.150 lakhs is bought by Lieutenant Chaudhry. Now, from (1) properties with R.P. Rs.15 lakhs and Rs.100 lakhs are sold at Rs.30 lakh and Rs.200 lakh respectively. Both of these properties are bought by Brigadier Dilip.
    From (4), the two properties with R.R Rs.5.5 lakh have B.R of Rs.5 lakh or Rs.6 lakh. Since no properties with B.P. < R.P. are sold, one property with R.P. 5.5L is left unsold.
    Thus, from (6) Major Amar buys his two properties with R.P. Rs.5 lakhs at Rs.6 and 6.5 lakhs.
    Now, the only sold property remaining is the one with R.P. 15 lakhs. This has to be bought by Brigadier Dilip.
    Thus, one of the property with R.P. 15 lakhs is the second property which is left unsold.
    The inferences can be summarised below in the given table, 
    Hence, the amount spent by Brigadier Dilip = 200 + 30 + 6 = Rs. 236 lakhs.
    View all questions of this test
    Most Upvoted Answer
    Group QuestionAnswer the following question based on the information g...
    Hi
    Free Test
    Community Answer
    Group QuestionAnswer the following question based on the information g...
    A
    Explore Courses for CAT exam

    Similar CAT Doubts

    Answer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q. What price, in lakhs, was the property with reserve price Rs.1,00,00,000 sold for? Correct answer is '200'. Can you explain this answer?

    Answer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q. What is the total reserve price, in Rupees, of properties that remain unsold? Correct answer is '3050000'. Can you explain this answer?

    Answer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q. At what price, in Rupees, was the property with reserve price Rs. 5,50,000 sold for? Correct answer is '600000'. Can you explain this answer?

    There are 4 properties available for rent in the city of Hyderabad. They are in 4 different locations among Kondapur, Madhapur, Whitefield and Gachibowli. The rents of the 4 properties are 20000 Rs/month, 24000 Rs/month, 28000 Rs/month and 30000 Rs/month in no particular order. The security deposits of the 4 properties are 1 month equivalent of rent, 2 months equivalent of rent, 3 months equivalent of rent and 4 months equivalent of rent, in no particular order. Also, there are 4 different brokers A, B, C, D who have the responsibility to rent these 4 properties. Brokers belong to 3 categories, truth-tellers, who always tell the truth, liars who always lie and alternators, who alternate between truth and a lie. It is also known that at least one of the brokers is a truth-teller. Also, each of them says 3 statements each, recorded as follows:A:1. The highest amount of rent is for the Gachibowli property.2. The lowest amount of rent is not for the Kondapur property.3. The broker, D sometimes lies.B:1. The Kondapur property has a deposit equivalent to 4 months of rent.2. The broker, C never speaks the truth.3. The rent of Whitefield is 24000 Rs/month.C:1. The rent of the Whitefield property(in Rs) when divided by 1000 has 8 distinct factors.2. The broker, A never speaks the truth.3. The monthly rent of the Whitefield property is neither the highest nor the lowest.D:1. The average of all rents is 25500 Rs/month.2. The broker, A is not an alternator.3. The Madhapurproperty has a deposit equivalent to 3 months of rent.Based on the information given above, answer the questions that follow.Q. How many of the mentioned statements are true? Correct answer is '8'. Can you explain this answer?

    Top Courses for CAT

    Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer?
    Question Description
    Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer?.
    Solutions for Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
    Here you can find the meaning of Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer?, a detailed solution for Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? has been provided alongside types of Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Group QuestionAnswer the following question based on the information given below.CBI confiscated 10 properties of fugitive Don Mohammed Iqbal and put them for auction. Only four brave people who had originally worked for the Indian Army could muster the courage to appear for the auction. The authorities had decided a reserve price (R.P) for each of the properties and any bid below the R.P was discarded. The R.P. of the ten properties were set at Rs. 5,00,000, Rs. 5,00,000, Rs. 5,50,000, Rs. 5,50,000, Rs. 10,00,000, Rs. 15,00,000, Rs. 15,00,000, Rs. 25,00,000, Rs. 1,00,00,000 and Rs. 1,50,00,000. The bid prices (B.P) placed were Rs. 5,00,000, Rs. 6.00,000, Rs. 6,00,000, Rs. 6,50,000, Rs. 10,00,000, Rs. 12,00,000, Rs. 18,00,000, Rs. 30,00,000, Rs. 1,50,00,000 and Rs. 2,00,00,000 in any order. Any property that could not attract a B.P. atleast equal to the R.P.was left unsold. Further, the following information is given :1. Only two properties remained unsold while exactly two were sold at the lowest possible cost. Two properties were sold at a twice the R.P. both of which were bought by Brigadier Dilip. No property was sold for more than twice the R.P.2. Major Amar and Naik Birajdar both bought 2 properties each. All of them bought at least 1 property each.3. Both the properties with R.P. Rs. 5,50,000 have a difference of Rs.50,000 between their R.P. and B.P.4. The property with B.P. Rs. 1,50,00,000 was the only one bought by Lieutenant Chaudhry.5. Total amount spent by Naik Birajdar is Rs. 28 lakhs.6. The reserve price of both the properties bought by Major Amar is same.7. No property with R.P. Rs. 5 lakh was sold for Rs. 5 lakh.Answer the following questions based on the information given above.Q.The total amount spent by Brigadier Dilip in lakhs is:Correct answer is '236'. Can you explain this answer? tests, examples and also practice CAT tests.
    Explore Courses for CAT exam

    Top Courses for CAT

    Explore Courses
    Signup for Free!
    Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
    10M+ students study on EduRev