Questions Asked in IIPM Entrance Exam

Which are the common questions asked in the entrance exam of IIPM institute, can you provide here???

[Kiran Chandar]

Here are some questions asked in IIPM entrance exam:

Ten years ago, the ages of the members of
a joint family of eight people added up to
231 years. Three years later, one member
died at the age of 60 years and a child was
born during the same year. After another
three years, one more member died, again
at 60, and a child was born during the
same year. The current average age of this
eight-member joint family is nearest to:
a. 23 years
b. 22 years
c. 21 years
d. 25 years
e. 24 years

Suppose you have a currency, named
Miso, in three denominations: 1 Miso, 10
Misos and 50 Misos. In how many ways
can you pay a bill of 107 Misos?
a. 17
b. 16
c. 18
d. 15
e. 19

A confused bank teller transposed the
rupees and paise when he cashed a cheque
for Shailaja, giving her rupees instead of
paise and paise instead of rupees. After
buying a toffee for 50 paise, Shailaja
noticed that she was left with exactly three
times as much as the amount on the
cheque. Which of the following is a valid
statement about the cheque amount?
a. Over Rupees 7 but less than Rupees 8
b. Over Rupees 22 but less than Rupees
23
c. Over Rupees 18 but less than Rupees
19
d. Over rupees 4 but less than Rupees 5
e. Over Rupees 13 but less than Rupees14

What is the time difference between A and
B?
a. 1. hour and 30 minutes
b. 2 hours
c. 2 hours and 30 minutes
d. 1 hour
e. Cannot be determined

What is the plane’s cruising speed in km
per hour?
a. 700
b. 500
c. 600
d. 500
e. Cannot be determined

The maximum guaranteed return to
Shabnam is
a. 0.25%
b. 0.10%
c. 0.20%
d. 0.15%
e. 0.30%

What strategy will maximize the
guaranteed return to Shabnam?
a. 100% in option A
b. 36% in option B and 64% in option C
c. 64% in option B and 36% in option C
d. 1/3 in each of the three options
e. 30% in option A, 32% in option B and
38% in option C

How many units should Mr. David
produce daily?
a. 130
b. 100
c. 70
d. 150
e. Cannot be determined

What is the maximum daily profit, in
rupees, that Mr. David can realize from his
business?
a. 620
b. 920
c. 840
d. 760
e. Cannot be determined

The price of Darjeeling tea (in rupees per
kilogram) is 100+0. 10n, on the nth day of
2007 (n = 1,2,3,….100) and then remains
constant. On the other hand, the price of
Ooty tea (in rupees per kilogram) is
89+0.15n, on the nth day of 2007 (n =
1,2….365). on which date in 2007 will be
prices of these two varieties of tea be
equal?
a. May 21
b. April 11
c. May 20
d. April 10
e. June 30

Two circles with centers P and Q cut each
other at two distinct points A and B. The
circles have the same radii and neither P
nor Q falls within the intersection of the
circles. What is the smallest range that
includes all possible values of the angle
AQP in degrees?
a. Between 0 and 90
b. Between 0 and 30
c. Between 0 and 60
d. Between 0 and 75
e. Between 0 and 45

For a recuperating patient, the doctor
recommended a diet containing. 10%
minerals and at least 30% protein. In how
many different ways can we prepare this
diet by mixing at least two ingredients?
a. One
b. Two
c. Three four
d. None

Which among the following is the
formulation having the lowest cost per unit
for a dieth av-ing 10% fat and at least 30%
protein? The diet has to be formed by
mixing two ingredients.
a. P and Q
b. P and S
c. P and R
d. Q and S
e. R and S

In what proportion P, Q and S should be
mixed to make a diet having at least 60%
carbohydrate at the lowest per unit cost?
a. 2:1:3
b. 4:1:2
c. 2:1:4
d. 3:1:2
e. 4:1:1

The company is planning to launch a
balanced diet required for growth needs of
adolescent children. This diet must contain
at least 30% each of carbohydrate and
protein, no more than 25% fat and at least
5% minerals. Which one of the following
combinations of equally mixed ingredients
is feasible?
a. O and P
b. R and S
c. P and S
d. Q and R
e. O and S

What is the approximate cost per unit in
rupees, if the company produces and sells
1400 units in the year 2007?
a. 104
b. 107
c. 110
d. 115
e. 116

What is the minimum number of units that
the company needs to produce and sell to
avoid any loss?
a. 313
b. 350
c. 384
d. 747
e. 928

If the company reduces the price by 5%, it
can produce and sell as many units as it
desires. How many units the company
should produce to maximize its profit?
a. 1400
b. 1600
c. 1800
d. 1900
e. 2000

Given that the company cannot sell more
than 1700 units, and it will have to reduce
the price by Rs. 5 for all units, if it wants
to sell more than 1400 units, what is the
maximum profit, in rupees, that the
company can earn?
a. 25,400
b. 24,400
c. 31,400
d. 32,900
e. 32,000

What is the percentage of vegetarian
students in Class 12?
a. 40
b. 45
c. 50
d. 55
e. 60

In Class 12, twenty five per cent of the
vegetarians are male. What is the
difference between the number of female
vegetarians and male non-vegetarians?
a. Less than 8
b. 10
c. 12
d. 14
e. 16