CAT Quant Practice Problems

Question: A certain perfume is available at a duty-free shop at the Bangkok international airport. It is priced in the Thai currency Baht but other currencies are also acceptable. In particular, the shop accepts Euro and US Dollar at the following rates of exchange:

US Dollar 1 = 41 Bahts

Euro 1= 46 Bahts

The perfume is priced at 520 Bahts per bottle. After one bottle is purchased, subsequent bottles are available at a discount of 30%. Three friends S, R and M together purchase three bottles of the perfume, agreeing to share the cost equally. R pays 2 Euros. M pays 4 Euros and 27 Thai Bahts and S pays the remaining amount in US Dollars.

How much does M owe to S in US Dollars?

  1. 3
  2. 4
  3. 5
  4. 6

Correct Option:3

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