Bank Exams Question and Answers with Explanation

Q:

A boy multiplied 987 by a certain number and obtained 559981 as his answer. If in the answer both 98 are wrong and the other digits are correct, then the correct answer would be ?? please explain in detail

A) 553681	B) 555181
C) 555681	D) 556581

Answer & Explanation Answer: C) 555681

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Calculate the future value of $3,000 invested at 7% for 5 years

A) 4207.66	B) 5207
C) 4376	D) 5687

Answer & Explanation Answer: A) 4207.66

Explanation:

F=P(1+i)^n

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Filed Under: Compound Interest - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

What is e-commerce?

A) Buying and selling international goods	B) Buying and selling products and services not found in stores
C) Buying and selling products and services over the internet	D) Buying and selling products having to do with computer

Answer & Explanation Answer: C) Buying and selling products and services over the internet

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Without any stoppage, a person travels a certain distance at an average speed of 42 km/h, and with stoppages he covers the same distance at an average speed of 28 km/h. How many minutes per hour does he stop?

A) 15 minutes	B) 20 minutes
C) 18 minutes	D) 22 minutes

Answer & Explanation Answer: B) 20 minutes

Explanation:

Let the total distance to be covered is 84 kms.
Time taken to cover the distance without stoppage = 84/42 hrs = 2 hrs
Time taken to cover the distance with stoppage = 84/28 = 3 hrs.
Thus, he takes 60 minutes to cover the same distance with stoppage.
Therefore, in 1 hour he stops for 20 minutes.

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Filed Under: Average - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Two trains are running at 60 km/hr and 20 km/hr respectively in the same direction. Fast train completely passes a man sitting in the slower train in 6 seconds. What is the length of the fast train ?

$A) 66\tfrac{2}{3} mts$ $B)66 \tfrac{3}{2} mts$ $C) 63\tfrac{4}{5} mts$ $D)63 \tfrac{5}{4}mts$