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Home Logical Reasoning Analyzing Arguments See What Others Are Saying!
  • Question
  • Originating in the 1920s, the Pyramid scheme is one of the oldest con games going. Honest people are often pulled in, thinking the scheme is a legitimate investment enterprise. The first customer to "fall for" the Pyramid scheme will actually make big money and will therefore persuade friends and relatives to join also. The chain then continues with the con artist who originated the scheme pocketing, rather than investing, the money. Finally, the pyramid collapses, but by that time, the scam artist will usually have moved out of town, leaving no forwarding address.
    This paragraph best supports the statement that


  • Options
  • A. it is fairly easy to spot a Pyramid scheme in the making.
  • B. he first customer of a Pyramid scheme is the most gullible.
  • C. the people who set up Pyramid schemes are able to fool honest people.
  • D. the Pyramid scheme had its heyday in the 1920s, but it's making a comeback.
  • E. the Pyramid scheme got its name from its structure.

  • Correct Answer
  • the people who set up Pyramid schemes are able to fool honest people. 

    Explanation
    The fact that the Pyramid scheme is set up by a con artist suggests that the honest people who invest have been fooled. Choices a and b are contradicted in the passage. The paragraph says that the Pyramid scheme originated in the 1920s, but does not say it had its heyday then; thus, choice d is incorrect. Choice e is a fact, but it is not mentioned in the passage.

  • More questions

    • 1. Statement: Many historians have done more harm than good by distorting truth.

      Assumptions:

      1. People believe what is reported by the historians.
      2. Historians are seldom expected to depict the truth.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 2. Look at this series: 58, 52, 46, 40, 34, ... What number should come next?

    • Options
    • A. 26
    • B. 28
    • C. 30
    • D. 32
    • Discuss
    • 3. Which word does NOT belong with the others?

    • Options
    • A. tape
    • B. twine
    • C. cord
    • D. yarn
    • Discuss
    • 4. Choose the picture that would go in the empty box so that the two bottom pictures are related in the same way as the top two:

    • Options
    • A. 1
    • B. 2
    • C. 3
    • D. 4
    • Discuss
    • 5. A Guarantee is a promise or assurance that attests to the quality of a product that is either (1) given in writing by the manufacturer or (2) given verbally by the person selling the product. Which situation below is the best example of a Guarantee?

    • Options
    • A. Melissa purchases a DVD player with the highest consumer ratings in its category.
    • B. The salesperson advises Curt to be sure that he buys an air conditioner with a guarantee.
    • C. The local auto body shop specializes in refurbishing and selling used cars.
    • D. Lori buys a used digital camera from her coworker who says that she will refund Lori's money if the camera's performance is not of the highest quality.
    • Discuss
    • 6. B2CD, _____, BCD4, B5CD, BC6D

    • Options
    • A. B2C2D
    • B. BC3D
    • C. B2C3D
    • D. BCD7
    • Discuss
    • 7. Statement: "You should not grant him leave in this week due to exigency of work." - A supervisor advises the administrative officer.

      Assumptions:

      1. Request for leave can be turned down also.
      2. The supervisor has reviewed the work required to be done during the said period.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 8. Statements: In a one day cricket match, the total runs made by a team were 200. Out of these 160 runs were made by spinners.

      Conclusions:

      1. 80% of the team consists of spinners.
      2. The opening batsmen were spinners.


    • Options
    • A. Only conclusion I follows
    • B. Only conclusion II follows
    • C. Either I or II follows
    • D. Neither I nor II follows
    • E. Both I and II follow
    • Discuss
    • 9. Statement: "This drink can be had either as it is, or after adding ice to it." - An advertisement.

      Assumptions:

      1. People differ in their preferences.
      2. Some people will get attracted to the drink as it can be had as it is.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 10. Statements: Some trains are roads. No road is jungle. All flowers are jungles.

      Conclusions:

      1. Some trains are flowers.
      2. Some trains are jungles.
      3. Some flowers are trains.
      4. No road is flower.


    • Options
    • A. None follows
    • B. Only II follows
    • C. Only III follows
    • D. Only IV follows
    • E. All follow
    • Discuss


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