BASIC IQ

1.Some months have 30 days; some months have 31 days. How many months have 28
days?
1. 1
2. 6
3. 4
4. 12

2.If a doctor gives you 3 pills and tells you to take one pill every half hour, how long
would it be before all the pills had been taken?

1. 2 hours
2. 3 hours
3. 1 hour
4. 5 hours

3.Divide 30 by half and add ten. What do you get?

4.If you had only one match and entered a COLD and DARK room, where there was an oil
heater, an oil lamp and a candle, which would you light first?

5.Mary, who is sixteen years old, is four times as old as her brother. How old will Mary be
when she is twice as old as her brother?
1. 20
2. 24
3. 25
4. 26
5. 28

6.What will be the number that is 1/4 of 1/2 of 1/5 of 200:

7. The day before the day before yesterday is three days after Saturday What day is it
today?

1. Monday
2. Tuesday
3. Wednesday
4. Thursday
5. Friday
8.

1. A
2. B
3. C
4. D

9.Rajan is a quality supervisor at a factory which produces dice. During inspection he

comes
across four dice which are shown below. Rajan is shocked to discover that 3 out of the
four dice
are definitely defective. Which of these dice has a possibility of NOT being defective?

1. A
2. B
3. C
4. D
 LOGIC

There are six members in a book club namely A, B, C, D, E and F. For the book club’s monthly

meeting in January each of them carry one book which they own. The titles of these books
are Book
No. 1 owned by A, Book No. 2 owned by B, Book No. 3 owned by C, Book No. 4 owned by D,
Book No. 5 owned by E and Book No. 6 owned by F

The following additional information is provided

Each member has read the book which he owns and is carrying to the club meeting
The book carried by B has been read by no other member of the club except B
The book carried by E has been read only by B, E and one other member of the club
D has read four of the books which were carried to the club meeting including the one
which she
was carrying
The book carried by A has been read by A, B and two other members of the club
C has not read any other book except the one which she is carrying.
C and three other members of the club have read the book which C was carrying
Four members other than F have read Book No.6

1. If both D and E have read Book No.1 and F has read four of the books that were
brought to the club meeting (including the one she owned), which books other
than the one she owns has F read?

(A) Book No.1, Book No.4 and Book No.5

(B) Book No.3, Book No.4 and Book No.5
(C) Book No.1, Book No.3 and Book No.5
(D) Cannot be Determined

2. If E as well as F have read both the books owned by A and C then which of the
following cannot be true?

(A) Both E and F have read Book No.3

(B) D has read Book No.3 and Book No.5
(C) E has read Book No.6
(D) A has read Book No.5
 3. If A has read Book No.5 which of the following is necessarily true?

(A) F has read Book No.4

(B) B has read Book No.3
(C) F has read Book No.1
(D) None of the above options

4. . It is known that A has read 5 of the books which were at the meeting including
the book she owns and E has read three books which were at the meeting
including the one she owns. Which of the following books must D definitely have
read?

(A) Book No.1

(B) Book No.1 and Book No.5
(C) Book No.5
(D) Cannot be determined

5. If D has not read the book owned by C, and B has not read Book No.4 then how
many books have B and D read including the books they own?

(A) B and D both have read 4 books each

(B) B has read three books and D has read four books
(C) B has read four books and D has read three books
(D) B and D both have read three books each

Accounting

Which of the following financial statements is concerned with the financial

position of an
enterprise at a point in time?

A. Retained Earnings Statement.

B. Balance Sheet.
C. Income Statement.
D. Statement of Cash Flows.

The Supplies account had a $360 debit balance at the end of the accounting
period before
adjustment for supplies used, and an inventory of $80 worth of unused
supplies were on hand.
Which of the following is the required adjusting entry?
A. Debit Supplies $280 and credit Supplies Expense $280.
B. Debit Supplies Expense $280 and credit Supplies $280.
C. Debit Supplies $80 and credit Supplies Expense $80.
D. Debit Supplies Expense $80 and credit Supplies $80.

A company sold equipment for $100,000; the equipment had cost $300,000 and
had accumulated
depreciation of $180,000. The company’s journal entry to record the sale of the
equipment would
include a
A. Credit to Sale of Equipment for $100,000.
B. Credit to Equipment for $120,000.
C. Debit to Equipment for $300,000.
D. Debit to Loss on Sale of Equipment for $20,000.

Interest on a 3-month, 10 percent, $10,000 note receivable is

A. $ 250.
B. $2,500.
C. $ 288.
D. $1,000.

At the end of a year, a company's net income increased 30%. At the end of the
second year, the
income decreased 25% from the previous year. What was the percentage
change for the two
years?
A. (2.5%) decrease
B. 2.5% increase
C. (5.0%) decrease
D. 5.0% increase

You just paid $35,640 for a car, including sales tax. The sales tax rate is 8%.
What is the pre-tax price of the car?
A. $35,640
B. $32,789
C. $33,000
D. $35,355