Question 22

Problem Statement

In a golf game of eight players lasting for 45 minutes, four reserves alternate equally with each player, this means that all players, including the reserves are on the path for the same length of time. For how long? 30mins 37.5mins 40mins None of the above You have $2,000 with which you have to make an investment. Which one of the following 2 choices would you choose to make your investment? 1) A sure loss of $500 2) A 50% chance to lose $1000 and a 50% chance to lose nothing. You have $20,000 with which you have to make an investment. Which one of the following 2 choices would you choose to make your investment? 1) A sure loss of $5000 2) A 50% chance to lose $10,000 and a 50% chance to lose nothing. 1, 1 2, 1 2, 2 1, 2 While shopping for my two kids, I bought a dress for Rs. 35 (usually selling for 8/7 of that price) and another for Rs. 30 (usually selling for 7/6 of that price). Which one is a better bargain and by how much? 1st, 12.5% 2nd, 14.28% 1st, 14.28% 2nd, 12.5% There are 7