FREE BMAT Assessment MCQ Questions and Answers

Question 1

Three components make up the price of a flight between two cities: the base price, taxes, and the booking fee. For any flight last year, the base price and taxes were split three to two, and the booking fee was set at $50. This year, taxes were raised by 10%, the booking fee was reduced by 50%, and the basic cost of a flight climbed by 20%.

Accepted Answer

$349.80

Answer

Explanation:
Rationalize the question because it is intended to confuse you by providing you with a ton of information. The first step is to clarify our search criteria, which is the updated total cost of the flight. There are 3 sections, and each of them has undergone a proportional alteration (which is all quite simple to calculate!). We need therefore specify the initial expenses, then the new values following the adjustment, and finally sum them together to get the final number.

The three costs are the base price, taxes, and booking fee. This one is straightforward because the booking fee was set at $50.
From $330, $50 is subtracted to arrive at $280, where taxes and basic expenses are distributed in a 3:2 ratio.
According to this proportion, one part is equal to one-fifth of the whole sum of $280, so the ratio of 3:2 becomes $168:$112.
From $168 to $201.60, the base price has increased by 20%.
Taxes went up by 10%, going from $112 to $123.20.
A $50 booking fee has been reduced to a $25 cost.
The total of them brings the new cost to $349.80!

Question 2

The bonds that link us together in society are in danger due to the rise of internet-connected smartphones and other such technologies. It is true that many people have easy access to a variety of information through these gadgets, and that this information helps them maintain their current interpersonal relationships and forge new ones. However, one of the most crucial connections of all—that between a young child and his or her caregivers—can be significantly hampered by the devices. Psychologists are growing more concerned about the potential "cyber impact" of parents and others focusing more of their attention away from the young children around as a result of the fact that many smartphone users check their devices hundreds of times each day. The social and emotional growth of young infants depends on eye contact and other aspects of face-to-face "real world" connection.
Which of the following, if true, supports the aforementioned claim the strongest?

Accepted Answer

Instead of being encouraged to connect with others in their environment, more young children are now being amused by videos and other content on smartphones.

Answer

Explanation:
The passage concludes that there may be a "cyber effect" on youngsters whose parents are increasingly diverting their attention away from their children given the increasing prominence of smartphones and technology in people's life generally (as a result of technology).

The "cyber impact" can be considered to be the cause of young children who are encouraged to interact with others more so than with videos and smartphone content.

Question 3

It always works. In the US Congress, neither political party is ever eager to cooperate unless they are coming up with truly terrible ideas. They work well together if they've discovered a new technique to stir up unrest, restrict freedom, or overall harm the welfare of the country. A sales tax on items purchased online, similar to the one now imposed on items purchased in physical stores, is this time's smart concept. It is not a good idea to charge consumers more if you want the economy to grow. There are a ton of individuals that shop online, and if the cost goes up, fewer people will shop online, which means fewer sales and lower earnings for businesses. As a result, net tax receipts will be lower, resulting in lower revenue collections for the states and the federal government, which would leave them with less money to spend on things like healthcare and education. This is why implementing an Internet sales tax is such a terrible idea.

Which of the following best captures the problem with the aforementioned argument?

Accepted Answer

It disregards the potential that consumers who would have made online purchases will do so instead in physical stores.

Answer

Explanation:
The paragraph's conclusion claims that taxing online purchases is generally not a good idea because it will have a negative overall impact on the economy, the government, and services like education and healthcare. It does not account for the likelihood that those who previously conducted their shopping online would now begin doing it in actual stores. This implies that they would pay a comparable tax in actual stores. Because consumers are likely to buy goods and services from physical stores as well as online retailers, both of which will have similar taxes, the argument is flawed by this statement because it is unlikely that the economy and government will be impacted to the extent that the author has described.

Question 4

What added value does a specific new good or service make to our lives? Even if it's challenging to quantify, classical economics has given us a clever method for doing so: consider how much it costs. In a free market economy, the price at which something is sold tells us how much consumers are willing to spend on it. And a person's willingness to pay for something is a clear indication of how much they value it. The issue with this paradigm, which gauges value using the market price, is that it is beginning to lose validity as new technologies emerge. Popular apps and social media platforms are just a couple of the things we love most that are offered for free. Even while there can be a cost, like a loss of privacy, this is not a monetary expense.

Which of the following claims is most backed up by the excerpt above?

Accepted Answer

If we wish to determine the value of a good or service, we must find methods other than cost.

Answer

Explanation:
According to the passage, price usually reflects how much value we assign to a product or service. In general, the value of a commodity or service increases with cost. However, today's free goods and services are frequently the most cherished. Therefore, it follows that we must a distinct approach from cost in order to determine the worth of a commodity or service.

Question 5

In Italy, a cup of coffee costs on average €1 (or roughly £1), yet in the UK, prices can reach £4. Yet why? Without a doubt, the coffee does not represent the majority of the expense of serving a cup of coffee. Staff pay is the biggest expense, but that isn't the main distinction. The biggest factor influencing the price of a cup of coffee is the variance in consuming cultures: Italians order coffee at the bar and consume it while standing, but British coffee drinkers spend significantly longer on a cup of joe. As a result, Italian cafés can sell more products for the same overhead. Greece is at the other extreme, where individuals will spend hours savoring a single cup of coffee. Greece, despite having lower wages, has some of the most costly coffees in Europe.

Which of the following best captures the central thesis of the preceding argument?

Accepted Answer

The biggest factor influencing the price of a cup of coffee is the variance in consuming cultures.

Answer

Explanation:
The paragraph makes the case that the length of time consumers spend drinking coffee at the point of purchase is positively connected with the price of coffee. As a result, coffee will get more expensive the longer customers linger in coffee shops to sip their coffee. The culture of a nation affects and shapes how long people spend at coffee shops. As a result, the section draws the conclusion that "Differences in drinking culture are what have the biggest impact on price differences for a cup of coffee."

BMAT - Assessment Practice Test

BMAT - Assessment Practice Test

FREE BMAT Assessment MCQ Questions and Answers