Rs.25 Search

Q:

A certain sum when invested at 5% interest compounded annually for 3 years yields an interest of Rs.2522. Find the Principal?

A) Rs. 12,522	B) Rs. 15,200
C) Rs. 16,000	D) Rs. 17,200

Answer & Explanation Answer: C) Rs. 16,000

Explanation:

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Filed Under: Compound Interest
Exam Prep: Bank Exams

Q:

Items of Expenditure


Year	Salary	Food	Medicine	Tax
2001	Rs.1500	Rs.200	Rs.500	Rs.100
2002	Rs.2600	Rs.300	Rs.600	Rs.200
2003	Rs.3200	Rs.150	Rs.700	Rs.150
2004	Rs.4100	Rs.250	Rs.650	Rs.125
2005	Rs.5000	Rs.200	Rs.800	Rs.150
2006	Rs.5200	Rs.100	Rs.750	Rs.175

The average salary per year during period 2001-2006 is:

A) 3400	B) 3800
C) 3500	D) 3600

Answer & Explanation Answer: D) 3600

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

Q:

A laborer is engaged for 30 days on the condition that he receives Rs.25 for each day he works and is fined Rs.7.50 for each day is absent. He gets Rs.425 in all. For how many days was he absent ?

A) 10 days	B) 14 days
C) 11 days	D) 9 days

Answer & Explanation Answer: A) 10 days

Explanation:

For 30 days he receives

30 x 25 = 750

Actually he gets 425

Therefore, Fine is 750 - 425 = 325

=> No of days absent = 325/(25+7.50)= 10

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

Q:

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

A) 10000 and 15000	B) 15000 and 10000
C) 5000 and 20000	D) 20000 and 5000

Answer & Explanation Answer: A) 10000 and 15000

Explanation:

As both A and B invest the same amounts, the ratio of their profits at the end of the year is equal to the ratio of the time periods for which they have invested.

Thus, the required ratio of their profits = A : B = 8 : 12 = 2 : 3.

Hence, share of A in the total profit = 2 x 25000/5 = Rs.10000

Similarly, share of B in the total profit = 3 x 25000/5 = Rs.15000

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

Q:

The compound interest accrued on an amount of Rs.25,500 at the end of three years is Rs.8,440.5. What would be the simple interest accrued on the same amount at the same rate in the same period?

A) Rs.4,650	B) Rs.5,650
C) Rs.6,650	D) Rs.7,650

Answer & Explanation Answer: D) Rs.7,650

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

In an NGO the daily average wages of 20 illiterate employees is decreased from Rs.25 to Rs.10, thus the average salary of all the literate and illiterate employees is decreased Rs.10 per day. The No. of educated employees working in the NGO is :

A) 15	B) 20
C) 10	D) Data Insufficient

Answer & Explanation Answer: C) 10

Explanation:

Total employees = $\frac{(25 - 10) \times 20}{10} = 30$

Hence number of educated employees = 30-20 = 10

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Filed Under: Average

Q:

Sekar started a business investing Rs.25,000 in 1999. In 2000, he invested an additional amount of Rs. 10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Sekar invested another additional amount of Rs.10,000 and Jatin joined them with an amount of Rs.35,000. What will be Rajeev's share in the profit of Rs.1,50,000 earned at the end of 3 years from the start of the business in 1999?

A) Rs. 45,000	B) Rs. 50,000
C) Rs. 70,000	D) Rs. 75,000

Answer & Explanation Answer: B) Rs. 50,000

Explanation:

Sekar: Rajeev: jatin = (25000×12+35000×12+45000×12):(35000×24) : (35000×12)

= 1260000 : 840000 : 420000

= 3 : 2 : 1.

Rajeev's Share =Rs.(150000×2/6)

=Rs.50000.

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Filed Under: Partnership

Q:

What is the SI on Rs.2500/- at the rate of 12% per annum for 8 years?

A) 2200	B) 2300
C) 2400	D) 2500

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