The sum of the IQ score of Quant team having 4 SMEs and Average IQ score of Gate team having 3 SMEs were 600 and 170 respectively. Recently, one SME of the Quant team switched to the Gate team and two new SME join the Quant team due to which the average IQ score of Quant team increased by 40% and average IQ score of both the teams becomes equal. Find the IQ score of the SME who switched to the Gate team.

The sum of the IQ score of Quant team having 4 SMEs and Average IQ score of Gate team having 3 SMEs were 600 and 170 respectively. Recently, one SME of the Quant team switched to the Gate team and two new SME join the Quant team due to which the average IQ score of Quant team increased by 40% and average IQ score of both the teams becomes equal. Find the IQ score of the SME who switched to the Gate team. Correct Answer 330

Average IQ score of Quant team having 4 SMEs = 600/4 = 150

Since average IQ score of Quant team increased by 40% after two new members join the Quant team;

∴ New average IQ score of Quant team = 150 × 1.4 = 210

Since the average IQ score of both the teams becomes equal;

∴ New average IQ score of Gate team when one member of the Quant team switched to the Gate team = 210

∴ IQ score of the SME who switched to the Gate team = 210 × 4 – (170 × 3) = 330

Related Questions

After GST and demonetisation, rising interest rates are set to hurt SMEs. Interest rates for loans against property (LAP) extended to small and medium sized enterprises (SMEs) are set to rise in the coming months of 2018 ‘ Rising interest rates, in addition to the muted operating environment for small businesses in India, will lead to an increase in delinquencies on LAP extended to SMEs’. The introduction of the goods and services tax (GST) in July 2017 and the government's demonetization policy have placed stress on the SME sector, which rising interest rates will exacerbate. Which of the following can be logically inferred from the statement above?