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Q:

A sum of Rs 4000 becomes Rs 7000 in 6 years at simple interest. If the rate of interest becomes double of itself, then what will be the amount (in Rs) after 6 years?

 

A)  8500 B)  9000
C)  8000 D) 10000
 
Answer & Explanation Answer: D) 10000

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Filed Under: Simple Interest
Exam Prep: Bank Exams

Q:

A sum of Rs 800 becomes Rs 1000 in 2 years at simple interest. What is the per annum rate of interest (in percent)?

 

A) 12.5   B)  25  
C)  8.5   D)  17
 
Answer & Explanation Answer: A) 12.5  

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Filed Under: Simple Interest
Exam Prep: Bank Exams

Q:

In a bucket, paint and oil are in the ratio 7 : 5. 24 litres of mixture is drawn off and 24 litres of oil is added. If the ratio of paint and oil becomes 1 : 1, then how many litres of paint was contained in the bucket initially?

 

A) 49   B)  63  
C)  84   D) 98
 
Answer & Explanation Answer: D) 98

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Filed Under: Alligation or Mixture
Exam Prep: Bank Exams

Q:

Two numbers are in ratio 3:4. When 3 is subtracted from both the numbers, the ratio becomes 2:3. Find the sum of the numbers.

A) 16 B) 20
C) 21 D) 22
 
Answer & Explanation Answer: C) 21

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

Q:

A sum of Rs 20000 becomes Rs 32000 in 12 years, when invested in a scheme of simple interest. If the same sum is invested in a scheme of compound interest with same yearly interest rate (compounding of interest is done yearly), then what will be the amount (in Rs) after 2 years?

 

A) 21750 B) 22050
C) 23250 D) 24650
 
Answer & Explanation Answer: B) 22050

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Filed Under: Compound Interest
Exam Prep: Bank Exams

Q:

A sum of Rs 4000 becomes Rs 5800 in 3 years, when invested in a scheme of simple interest. If the same sum is invested in a scheme of compound interest with same yearly interest rate (compounding of interest is done yearly), then what will be the amount (in Rs) after 2 years?

 

A) 4430   B) 5450  
C) 5290   D) 4970
 
Answer & Explanation Answer: C) 5290  

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Filed Under: Compound Interest
Exam Prep: Bank Exams

Q:

If a number is reduced by 35%, then it becomes 416. By how much percent should the number be increased so that it become 876.8?

 

A) 33   B) 37  
C) 34.2   D) 38.4
 
Answer & Explanation Answer: B) 37  

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

When milk becomes sour, ___ is produced.

A) Lactose B) Lactic acid
C) Salicylic acid D) Linoleic acid
 
Answer & Explanation Answer: B) Lactic acid

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Filed Under: Chemistry
Exam Prep: Bank Exams