An investment company, WinLose, recruits employees to trade in the share…
XAT 2026 · Quantitative Ability and Data Interpretation · 3 questions
An investment company, WinLose, recruits employees to trade in the share market. For newcomers, they have a one-year probation period. During this period, the employees are given Rs. 1 lakh per month to invest the way they see fit. They are evaluated at the end of every month, using the following criteria:
1. If the total loss in any span of three consecutive months exceeds Rs. 20,000, their services are terminated at the end of that 3-month period,
2. If the total loss in any span of six consecutive months exceeds Rs. 10,000, their services are terminated at the end of that 6-month period.
Further, at the end of the 12-month probation period, if there are losses on their overall investment, their services are terminated.
Ratan, Shri, Tamal and Upanshu started working for WinLose in January. Ratan was terminated after 4 months, Shri was terminated after 7 months, Tamal was terminated after 10 months, while Upanshu was not terminated even after 12 months. The table below, partially, lists their monthly profits (In Rs. '000) over the 12-month period, where x, y and z are masked information.
Note:
1. A negative profit value indicates a loss.
2. The value in any cell is an integer.
Illustration: As Upanshu is continuing after March, that means his total profit during January-March (2z+2z+0) ≥ −Rs.20,000. Similarly, as he is continuing after June, his total profit during January-June ≥ −Rs.10,000, as well as his total profit during April-June ≥ −Rs.20,000.
Name | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
Ratan | -20 | -10 | x | -25 | - | - | - | - | - | - | - | -
Shri | x | y | -25 | -20 | y/2 | -20 | -30 | - | - | - | - | -
Tamal | -10 | -10 | x/2 | y | x | -20 | 5 | 5 | 10 | -z | - | -
Upanshu | 2z | 2z | 0 | -8 | -10 | 0 | -x | y | -20 | -28 | z | -15
Question 1
What BEST can be said about the value of x?
A. x is a non-negative even number less than or equal to 10
B. x is an even number between 10 and 14, both inclusive
C. x is a positive even number
D. x is a non-negative even number less than or equal to 14
PrepTarget