Jo's collection contains US, Indian and British stamps. If the ratio of US to Indian stamps is 5 to 2 and the ratio of Indian to British stamps is 5 to 1, what is the ratio of US to British stamps?

A) 10 : 5 | B) 15 : 2 |

C) 20 : 2 | D) 25 : 2 |

Explanation:

Indian stamps are common to both ratios. Multiply both ratios by factors such that the Indian stamps are represented by the same number.

US : Indian = 5 : 2, and Indian : British = 5 : 1. Multiply the first by 5, and the second by 2.

Now US : Indian = 25 : 10, and Indian : British = 10 : 2

Hence the two ratios can be combined and US : British = 25 : 2

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Subject: Ratio and Proportion - Quantitative Aptitude - Arithmetic AbilityExam Prep: GRE

What annual instalment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

A) Rs.325 | B) Rs.545 |

C) Rs.560 | D) Rs.550 |

Explanation:

Let each instalment be Rs.x .

1st year = [x + (x * 12 * 2)/100]

2nd year = [ x + (x *12 * 1)/100]

3rd year = x

Then, [x + (x * 12 * 2)/100] + [ x + (x *12 * 1)/100] + x =1092

3x + ( 24x/100 ) + ( 12x/100 ) = 1092

336x =109200

x = 325

Each instalment = Rs. 325

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Subject: Simple Interest - Quantitative Aptitude - Arithmetic AbilityExam Prep: GRE

In how many years will a sum of Rs.800 at 10% per annum compounded semi annually become Rs.926.10

A) 1.5 | B) 2.5 |

C) 3.5 | D) 4.5 |

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Subject: Simple Interest - Quantitative Aptitude - Arithmetic AbilityExam Prep: GRE

A certain sum of money amounts to Rs 1008 in 2 years and to Rs 1164 in 3 ½ years. Find the sum and the rate of interest.

A) 800, 14% | B) 800, 13% |

C) 800, 12% | D) 800, 19% |

Explanation:

S.I. for 1 ½ years = Rs (1164 - 1008) = Rs 156 .

S.I. for 2 years = Rs (156 x x 2)= Rs 208.

Principal = Rs (1008 - 208) = Rs 800.

Now, P = 800, T= 2 and S.I. = 208.

Rate = (100 x S.I.) / (P x T) = [ (100 x 208)/(800 x 2)]% = 13%

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Subject: Simple Interest - Quantitative Aptitude - Arithmetic AbilityExam Prep: GRE

The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is

A) 2 years | B) 2.5 years |

C) 3 years | D) 4 years |

Explanation:

Amount = Rs.(30000+4347) = Rs.34347

let the time be n years

Then,

n = 2years

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Subject: Compound Interest - Quantitative Aptitude - Arithmetic AbilityExam Prep: GRE