Ranking and ordering

Logical Reasoning ( Phase -I)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Study the information given below and answer the questions that follow:

S scored higher marks than Q but lower than U.

P scored higher than S but lower than R and U.

T scored higher than R. The third lowest marks are 56. R scored 12 marks more than P.

U scored less than 69 marks.

As many people scored more than R as less than

This questions was previously asked in

SEBI Grade A (Ph 1 Paper 1 2022)

- A sum of money doubles itself at a certain compound interest rate in 10 years.

- We are asked to find how long it takes to become eight times the original value.

- Doubling means \(2^1\), so in 10 years, the amount becomes \(2 \times\).

- Eight times means \(2^3\), so it takes three doubling periods.

- Since one doubling period is 10 years, three periods would be \(3 \times 10 = 30\) years.

Option: 2 - 30 is correct.