HURDLE-05 : TIME AND WORK

(Solve this Hurdle by 11th Feb)

RULES :
1. If A can finish work in X time and B can finish work in Y time then both together can finish work in (X*Y)/ (X+Y) time.

2. If A can finish work in X time and A and B together can finish work in S time then B can finish work in (XS)/(X-S) time.

3. If A can finish work in X time and B in Y time and C in Z time then they all working together will finish the work in (XYZ)/ (XY + YZ +XZ) time

4. If A can finish work in X time and B in Y time and A,B and C together in S time then : C can finish work alone in (XYS)/ (XY-SX-SY) B+C can finish in (SX)/(X-S) and A+ C can finish in (SY)/(Y-S)

QUESTIONS : 

1. Blake can finish a work in 30 days. Ajay is three times more efficient than Blake. In how many days they can finish the work together.

2. Ajay can finish work in 15 days, Ajay and Blake start working together and finish the work in 10 days. What portion of the work was done by Blake.

3. Ajay can finish a work in 20 days Blake can finish work in 30 days in how many days they can finish work if they work on alternate days.

4. Ajay can finish work in 25 days, Ajay and Blake can finish work together in 20 days. (UrPercentile.com) In how many days can Blake finish work alone if after each day's work he takes 2 days off.

5. Ajay can finish work in 30 days, Ajay and Blake can finish work together in 20 days. In how many days can Blake finish work alone.

6. If Ajay can finish work in 15 weeks and Blake in 12 weeks and Chandana in 20 weeks. In how many days they working together can finish the work.

7. If Ajay can finish work in 12 minutes and Blake in 8 minutes and Chandana in 24 minutes. (UrPercentile.com) In how many
minutes they working together can finish the work.

Solve question 8 to 11 based on following information :

Ajay can finish work in 20 days and Blake in 60 days. If Ajay, Blake and Chandana work together they finish the work in 10
days.

8) In how many days can Chandana finish the work alone?
9) In how many days Ajay and Chandana can finish the work together ?
10) In how many days Chandan and Blake can finish the work together?
11) In How many days can Ajay and Blake finish the work together?

Solve question 12 to 15 based on following information :

Ajay can finish work in 105 days and Blake in 210 days. Ajay, Blake and Chandana work together they finish the work in 60
days.

12) In how many days can Chandana finish the work alone?
13) In how many days Ajay and Chandana can finish the work together ? (UrPercentile.com)
14) In how many days Chandan and Blake can finish the work together?
15) In How many days can Ajay and Blake finish the work together ?

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READING COMPREHENSIVE (RC)

Read the article below and answer the question mentioned after the passage :

Source: The Hindu Business Line

" WITH the heat on against what was being perceived as attempts at `cartelisation', public sector banks seem to have abandoned their efforts to arrive at an industry-wide consensus on floor-level lending rates. Top bankers said there was no possibility of reaching such an arrangement at present.

"We are not pursuing any moves to fix floor-level lending rates," a Chairman and Managing Director of a large PSU bank, that was supposedly in the thick of such action, told Business Line.

In fact, a section of bankers denied that there had ever been such a move. Bankers said their talks to reduce the cut-throat competition among banks which were trying to woo each other's clients had been misinterpreted as efforts to reach a consensus on minimum lending rates.

"We were never in talks for fixing floor-level lending rates for the industry. What we were discussing in the past couple of months were self-regulatory measures against undercutting of interest rates to poach on each other's customers," a senior banker said.

Bankers said the discussions were focussed more on creating an information sharing mechanism among themselves to ensure that such undercutting of interest rates does not harm the industry. They said there was growing concerns of customers taking advantage of the intense competition. Customers were playing one bank against another to bargain for sharper lending rates.

During December, there had been several reports that PSU banks, along with a couple of smaller private sector entities, were eager to work out some concrete arrangement on minimum interest rates.

With the banks issuing no denial, (some of them were named as the principal players in the entire exercise), the Monopolies and Restrictive Trade Practices Commission stepped into the picture, arguing that such moves could violate the laws on restrictive trade practices.

"If such reports (regarding fixing floor rates for lending) are true, the matter would need to be enquired into, with a view to examining if the practice being adopted by the collective action of these bankers would amount to adoption of restrictive trade practices as defined under section 2(o) of the MRTP Act 1969, and/or would be a registerable agreement relating to restrictive trade practice under Section 33 of the Act," the Commission had said.

In a suo motu action, a two-member bench of the Commission had sent notices to the Indian Banks' Association, the Reserve Bank of India and the Finance Ministry seeking details on the proposed moves. It had said that a formal enquiry could be initiated based on the replies received. The Commission had set February 1, 2006, as the date for the next hearing in the matter."

16. According to the bankers what were their discussions related to :
1) To fix a minimum lending rate of interest.
2) To prevent banks from poaching each other's client.
3) To help each other by creating an information sharing mechanism about their clients.
4) Both 1 and 2.

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VOCABULARY :

ACCOLADE n : Praise, recognition or approval of somebody's achievement in public. (UrPercentile.com)

ENCOMIUM n: Formal text or speech to praise someone.

EULOGY n: A text or speech to praise someone, specially as a tribute to somebody who died recently.

EXTOL v: To praise someone in highest term with great enthusiasm.

PAEAN n : A praise especially in musical form

PANEGYRIC n : A formal extravagant praise.

Also find the meaning of : LAUDATORY, LAUD, EXALT