MagicPin Interview Questions, Process, and Tips

Ques:- Can I pursue one additional professional course (MBA) with CA?
Ques:- A certain number when divided by 45 leaves a remainder 31, what is the remainder if the same number be divided by 15?
Recent Answer : Added by MAMIDI LIJITA SREE On 2023-01-21 17:36:29:

1

Ques:- A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?
Recent Answer : Added by MAMIDI LIJITA SREE On 2023-01-21 17:36:43:

34

Ques:- The difference between the local value and face value of 7 in the numeral 657903 is
A. 901
B. 903
C. 6993
D. 7896
Recent Answer : Added by trupti sharma On 2022-01-16 17:20:41:

c

Ques:- What is Form-iv
Recent Answer : Added by DK BOSS On 2021-07-21 15:26:27:

Form IV is the register of receipt and issue of raw materials which. With the replacement of private records in lieu of statutory records, no separate Form V is required provided you maintain private accounts for receipt, issue and closing stock of raw materials.

Ques:- A cylindrical container has a radius of eight inches with a height of three inches. Compute how many inches should be added to either the radius or height to give the same increase involume?
Ques:- What are the three things you would like to change in this world?
Ques:- Can you talk about a person who inspires you and why?
Ques:- Why you think that you have ability to handle this position.
Ques:- You have work in agribusiness for two years then why you come for MBA
Ques:- A disc is spinning on a spindle, and you don’t know which way. You are given a set of pins. Describe how you would use them to determine which way the disc is spinning?
Ques:- A rich man died. In his will, he has divided his gold coins among his 5 sons, 5 daughters and a manager. According to his will: First give one coin to manager. 1/5th of the remaining to the elder son.Now give one coin to the manager and 1/5th of the remaining to second son and so on….. After giving coins to 5th son, divided the remaining coins among five daughters equally.All should get full coins. Find the minimum number of coins he has?
Recent Answer : Added by Biplab Nath On 2021-07-31 16:35:53:

Answer: 3121 gold coins
Let total no of coins be M
Let the disbursement D to each son:

D1 = 1 + (M – 1)/5 = (M + 4)/5
D2 = 1 + ( M – D1 -1)/5 = (D1) * 4/5
D3= (D2) * 4/5
D4= (D3) * 4/5
D5= (D4) * 4/5
Total disbursements to sons=
= ∑D= (M+4)*1/5[ 1+4/5+(4/5)(4/5)+ (4/5)(4/5)(4/5)+(4/5)(4/5)(4/5)(4/5) ]
= (2101/3125)*(M+4)
Thus balance left for daughters =M-{(2101/3125)*(M+4)}
=(1024M-8404)/3125
This balance should be a positive integer ( assuming M and all disbursements are full coins )
Thus 1024M-8404 should be a multiple of 3125….so….
1024M – 8404 = N*3125 where N is an integer
Using Python code:
n=int(input(“Enter num n: “))
X=int()
a=int()
a=0
X=’ ‘
for a in range(0,n+1):
a=a+1
X= (3125*a + 8404)/1024
if (3125*a + 8404)% 1024== 0:
print(X,a)
Enter num n: 10000
3121.0 1020
6246.0 2044
9371.0 3068
12496.0 4092
15621.0 5116
18746.0 6140
21871.0 7164
24996.0 8188
28121.0 9212
We get minimum value of N = 1021 and M = 3121 gold coins

Ques:- A certain sum becomes four times itself at simple interest in eight years. In how many years does it become ten times itself?
Ques:- How is my son’s son’s mother’s daughter related to me ?
Recent Answer : Added by Mohit Nawani On 2022-09-02 17:03:16:

grand daughter

Ques:- A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?
Ques:- If you won the lottery, would you still work?
Ques:- If a clerk can process 80 cheques in half an hour, how many cheques can she process in a seven and one half hour day?
Recent Answer : Added by Kayode kolade On 2022-08-14 18:02:35:

1/2 Hr -> 80 Cheques
Per Hour -> 80 * 2 = 160
For 7 Hours -> 160 * 7 = 1120
For 7 1/2 Hour -> 1120 + 80 = 1200
clerk can process 1200 cheques in Sever & one half an hour day.

Ques:- Can you describe for me one or two of your most important accomplishments?
Ques:- Are you ready to relocate?
Ques:- How can you assure me that you will come back?
Ques:- A train crosses a platform of 150 m in 15 sec, same train crosses another platform of length 250 m in 20 sec. then what is the length of the train?
Recent Answer : Added by Shanmukh Kancherla On 2022-09-15 16:36:13:

length of train = 150 m

Ques:- Pipe A can fill a tank in 5 hours, pipe B in 10 hours and pipe C in 30 hours. If all the pipes are open, in how many hours will the tank be filled?
Recent Answer : Added by shivangi sharma On 2022-08-14 16:42:26:

1/x=1/5+1/10+1/30=lcm is 30.
->30/5=6
->30/10=3
->30/30=1
1/x=6+3+1=10
1/x=10/30=1/3=x=3
Ans is 3 hr.

Ques:- Personal Interview & Industry knowledge
Ques:- My watch gains 5 minutes, in every hour. How many degrees the second hand moves in every minute?
A. 375°
B. 380°
C. 385°
D. 390°
Recent Answer : Added by sujata On 2022-08-24 17:03:57:

390

Ques:- Myself, education details and total working experience with details.
Ques:- At what rate of interest is an amount doubled in two years, when compounded annually?
Ques:- What all are your work experiences?
Ques:- The incomes of two persons A and B are in the ratio 3:4. If each saves Rs.100 per month, the ratio of their expenditures is 1:2 . Find their incomes?
Recent Answer : Added by srikanth On 2022-03-09 16:41:20:

50 each
3x -y = 100
4x-2y = 100

Ques:- Why you have taken this many attempts to finish CA?
Ques:- Describe your Typical Day?

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Devendra Bhardwaj With a decade of experience as a Job Hiring Expert, I am a results-driven professional dedicated to elevating recruitment strategies. My expertise lies in navigating the dynamic landscape of talent acquisition, employing innovative approaches to attract, assess, and secure top-tier candidates. I excel in optimizing hiring processes, leveraging cutting-edge technologies, and fostering collaborative relationships with stakeholders. A keen understanding of industry trends allows me to stay ahead, ensuring a competitive edge in securing the best talent for your organization. I am passionate about connecting the right people with the right opportunities and thrive in creating impactful, streamlined recruitment solutions.

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