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Q:

The cost of 15 kg of groundnuts and 4 kg of cashews is Rs.7,000. The cost of 10 kg of cashews is equal to 25 kg of groundnuts. Find the cost of groundnut per kg.

A) Rs.320 B) Rs.700
C) Rs.540 D) Rs.280
 
Answer & Explanation Answer: D) Rs.280

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Filed Under: Simplification
Exam Prep: Bank Exams

Q:

The cash difference between the selling price of an article at a profit of 2% and 16% is Rs.3. The ratio of two selling prices is

A) 51:58 B) 51:53
C) 57:58 D) 55:58
 
Answer & Explanation Answer: A) 51:58

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

The cash difference between the selling price of an article at a profit of 2% and 12% is Rs.3. The ratio of two selling prices is

A) 51:56 B) 51:53
C) 52:53 D) 55:56
 
Answer & Explanation Answer: A) 51:56

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

The cash difference between the selling price of an article at a profit of 2% and 18% is Rs. 3. The ratio of two selling prices is

A) 51:59 B) 51:53
C) 51:60 D) 55:59
 
Answer & Explanation Answer: A) 51:59

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

Q:

In October 2017, RBI fixed the cash loading limit per month to ______ for Prepaid Payment Instruments.

 

A) Rs 10,000 B) Rs 50,000
C) Rs 75,000 D) Rs 1,00,000
 
Answer & Explanation Answer: B) Rs 50,000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

You purchased two pieces of cloth measring 1.2 m and 1.3 m each at Rs. 330 and Rs. 270 per meter respectively and gave Rs. 1000 at the payment counter. How much cash will you get back?

A) Rs. 253 B) Rs. 604
C) Rs. 649 D) Rs. 235
 
Answer & Explanation Answer: A) Rs. 253

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Filed Under: Simplification
Exam Prep: Bank Exams

Q:

If expenses are paid in cash then

A) assets will decrease. B) assets will increase.
C) liabilities will decrease. D) stockholders' equity will increase.
 
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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

20% discount is offered on an item. By applying a promo code the customer wins 10% cash back. What is the effective discount?

A) 30.8 percent B) 30 percent
C) 12 percent D) 28 percent
 
Answer & Explanation Answer: D) 28 percent

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Filed Under: Percentage
Exam Prep: Bank Exams