Bank PO Questions


Q:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time

A) Rs.51.25 B) Rs.61.25
C) Rs.51 D) Rs.42
 
Answer & Explanation Answer: A) Rs.51.25

Explanation:

Sum = Rs.(50*100)/2*5=Rs.500

Amount=Rs.[500*(1+5/100)2]

= Rs. 551.25

 

 C.I = Rs.(551.25-500)= Rs.51.25

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 4424
Q:

Kamal consistently runs 240 meters a day and on Saturday he runs for 400 meters. How many kilometers will he have to run in four weeks ?

A) 5.75 kms B) 7.36 kms
C) 8.2 kms D) 6.98 kms
 
Answer & Explanation Answer: B) 7.36 kms

Explanation:

Total running distance in four weeks = (24 x 240) + (4 x 400)

= 5760 + 1600

= 7360 meters

= 7360/1000

=> 7.36 kms

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

6 4422
Q:

Buying and selling goods over the internet is called

A) Digital Marketing B) E - Commerce
C) Net Banking D) Onine Shopping
 
Answer & Explanation Answer: B) E - Commerce

Explanation:

Buying and selling goods over the internet is called E - Commerce.

 

buying_and_selling_goods_over_the_internet_is_called1553690676.png image

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

6 4419
Q:

If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.

A) Rs.1251 B) Rs.1261
C) Rs.1271 D) Rs,1281
 
Answer & Explanation Answer: B) Rs.1261

Explanation:

Clearly, Rate = 5% p.a .,

Time = 3 years

S.I =Rs.1200.

So,Principal

=Rs.(100 x 1200/3x5)

=Rs.8000.

 

Amount

=Rs.[8000 x (1+5/100)³]

=Rs(8000x21/20x21/20x21/20)

= Rs.9261

 

C.I

=Rs.(9261-8000)

=Rs.1261.

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

1 4415
Q:

One lady has 2 children, one of her child is boy, what is the probability of having both are boys ?

A) 1/3 B) 1/2
C) 2/3 D) 2/5
 
Answer & Explanation Answer: A) 1/3

Explanation:

In a family with 2 children there are four possibilities:
1) the first child is a boy and the second child is a boy (bb)
2) the first child is a boy and the second child is a girl (bg)
3) the first child is a girl and the second child is a boy (gb)
4) the first child is a girl and the second child is a girl (gg)

But already given that one child is boy. So we have three possibilities of (bb)(bg)(gb).
n(E)= both are boys=BB=1
n(S)= 3
Required probability P = n(E)/n(S) = 1/3.

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Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

9 4411
Q:

Pluto dwells on the inner edge of the

A) Main asteroid belt B) Oort cloud
C) Kuiper belt D) None of the above
 
Answer & Explanation Answer: C) Kuiper belt

Explanation:

Pluto dwells on the inner edge of the The Kuiper belt which is a belt of asteroids that lies on the outer edge of the solar system.

Pluto is a dwarf planet that is supposed to be no longer a planet and is still considered a planet because of its history in the solar system.

 

It takes 248 years to make one orbit around the sun. As to where it is, depends on time.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 4410
Q:

Rice worth Rs. 126 per kg and Rs. 135 per kg are mixed with a third variety in the ratio 1 : 1 : 2. If the mixture is worth Rs. 153 per kg, then the price of third variety of rice per kg?

A) Rs. 571.25 B) Rs. 175.5
C) Rs. 751.75 D) Rs. 850
 
Answer & Explanation Answer: B) Rs. 175.5

Explanation:

Let the price of required variety = Rs. P/kg

Then, respective amounts were m kg, m kg and 2m kg

= 126m + 135m + 2pm = 153 x 4m

=> 2p = 351

p = 175.5 / kg

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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

37 4409
Q:

How many member countries did the UNO have on its formation in 1945 ?

A) 45 B) 51
C) 48 D) 54
 
Answer & Explanation Answer: B) 51

Explanation:
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Filed Under: World Organisations
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

14 4409