Quantitative Aptitude - Arithmetic Ability Questions

Q:

How much money would you need to deposit today at 9% annual interest compounded monthly to have $12000 in the account after 6 years?

A) 9007 B) 4007
C) 7007.08 D) 8oo7
 
Answer & Explanation Answer: C) 7007.08

Explanation:

FV=P(1+r/n)^nt

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Q:

74.99% of 1299 + 8.98% of 1899 = ? 

A) 1378 B) 1301
C) 1212 D) 1197
 
Answer & Explanation Answer: C) 1212

Explanation:

74.99% of 1299 + 8.98% of 1899 = ? 

? = 75 x 1400100 + 9 x 1800100 ? = 1050 + 162? = 1212.

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Q:

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:

A) 625 B) 635
C) 645 D) 655
 
Answer & Explanation Answer: A) 625

Explanation:

Let the sum be Rs. x. Then

C.I=x[1+4/100)^2-x]=[626/675x-x]

S.I=x^2/25

C.I-S.I=1

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Q:

A jar can 20 litre milk. From the jar, 4 litres milk was taken out and replaced with an equal quantity of water. If 4 litres of the newly formed mixture is taken out of the can, then what is the final quantity of milk left in the can?

A) 14.5 lit B) 12.8 lit
C) 11.6 lit D) 10.46 lit
 
Answer & Explanation Answer: B) 12.8 lit

Explanation:

This can be solved as

 

20 1 - 4202  =  20 1 - 152= 20452= 20 1625= 645= 12.8

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Q:

On Rs. 3500 invested at a simple interest rate of 7 per cent per annum, Rs. 500 is obtained as interest in certain years. In order to earn Rs. 800 as interest on Rs. 4900 in the same number of years, what should be the rate of simple interest?

A) 8% B) 7.5%
C) 9% D) 8.5%
 
Answer & Explanation Answer: A) 8%

Explanation:

From the given data,

3500x7xt/100 = 500

=> t = 100/49 years

Now, in the second case

The interest per year = 49/100 x 800 = 392

 => 4900 x 1 x r/100 = 392

=> r = 8%

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Q:

Find the area of the rectangle or square with the given dimensions s=10 feet

A) 500 B) 100
C) 200 D) 300
 
Answer & Explanation Answer: B) 100

Explanation:

A=S2

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Q:

If 16 men working 7 hours day can plough a fieid in 4l days, inhow many days will 14 men working 12 hours a clay plough the samefield ?

A) 46 B) 32
C) 35 D) 30
 
Answer & Explanation Answer: B) 32

Explanation:

(Men 14 : 16) : (Hrs/Day 12 : 7) :: 48 : x
14 * 12 * x = 16 * 7 * 48 or x = 32

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Q:

 What is the rate of compound interest?
I. The principal was invested for 4 years.
II. The earned interest was Rs. 1491.

A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer
C) Either I or II alone sufficient to answer D) Either I or II alone sufficient to answer
 
Answer & Explanation Answer: D) Either I or II alone sufficient to answer

Explanation:

 

 

Let Principal = Rs. P and Rate = R% p.a. Then,

 

Amount= Rs.P1+R1004

 

 C.I = P1+R1004-1

 P1+R1004-1=1491

 

Clearly, it does not give the answer

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