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 Quantitative Aptitude - Arithmetic Ability Questions

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Q:

Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?

A) 1548 B) 1348
C) 1648 D) 1748
 
Answer & Explanation Answer: C) 1648

Explanation:

FV1 = Future value of $2000, 1 year later
= PV (1+  i)^n

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Filed Under: Compound Interest
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Q:

3 + 653-212-30+50 = ?

A) 3 B) 3sqrt{2}
C) 6 D) None of these
 
Answer & Explanation Answer: D) None of these

Explanation:
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Filed Under: Square Roots and Cube Roots
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Q:

If the ratio of area of rectangle to its perimeter is 60:11. And length and breadth are in the ratio 6 : 5. Find length of rectangle.

A) 40 units B) 30 units
C) 13 units D) 24 units
 
Answer & Explanation Answer: D) 24 units

Explanation:

Ratio of length and breadth is 6 : 5
∴ Length = 6x
Breadth = 5x
∴ Area = l x b = 30x2
∴ Perimeter = 2 (l + b) = 2(6x + 5x) =22x
∴ (30*x*x)/(22x)= 60/11
∴ X = 4
∴ Length = 6x = 6 x 4 = 24 units

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Filed Under: Area
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Q:

If A had worked alone he would have taken 63 hours to do the task. What is B's share, if A and B work together on a task finishing it in 36 hours and they get paid Rs 5,950 for it?

A) 3400 B) 3600
C) 2550 D) 2750
 
Answer & Explanation Answer: C) 2550

Explanation:
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Filed Under: Time and Work
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Q:

A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for two years. If interest gained from the sum invested at 20% is Rs. 528.75 more than the sum invested at 15%, find the total sum?

A) Rs. 7000 B) Rs. 4500
C) Rs. 9000 D) Rs. 8200
 
Answer & Explanation Answer: C) Rs. 9000

Explanation:

Let Rs. K invested in each scheme

Two years C.I on 20% = 20 + 20 + 20x20/100 = 44%

Two years C.I on 15% = 15 + 15 + 15x15/100 = 32.25%

Now,

(P x 44/100) - (P x 32.25/100) = 528.75

=> 11.75 P = 52875

=> P = Rs. 4500

 

Hence, total invested money = P + P = 4500 + 4500 = Rs. 9000.

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Filed Under: Compound Interest
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Q:

The price of a car is increased by 25%, by how much percent, must the new price of this car be decreased to restore its original price ?

A) 20% B) 24%
C) 21% D) 25%
 
Answer & Explanation Answer: A) 20%

Explanation:

Suppose that the original price of the car = Rs. x 

Then new price of the car

=> (x) + (x ×25/100) = Rs. 5x/4 

To restore the original price, the new price must be decreased by

5x/4 − x = x/4

So required percentage =(x/4)/(5x/4) × 100%

= 20%

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Filed Under: Percentage
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Q:

Eighteen years ago, a mother was three times as old as her daughter. Now the mother is only twice as old as her daughter. Then the sum of the present ages of daughter and the mother is ?

A) 84 yrs B) 96 yrs
C) 116 yrs D) 108 yrs
 
Answer & Explanation Answer: D) 108 yrs

Explanation:

Let the present ages of the mother and daughter be 2x and x years respectively.
Then, (2x - 18) = 3(x - 18) => x = 36
Required sum = (2x + x) = 108 years.

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Filed Under: Problems on Ages
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Q:

M can complete a piece of work in 10 days. N is 33.33% less efficient than M. calculate the number of days required to both to complete the work?

A) 6 days B) 8 days
C) 11 days D) 13 days
 
Answer & Explanation Answer: A) 6 days

Explanation:

M = 10 days

The ratio of efficiency of M & N are 3 : 2

Hence, the time rquired for N alone = 15 days

=> Required time taken t=by both to complete the work = M x N / M + N 

= 10 x 15/ 10 + 15

= 150/25

= 6 days.

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Filed Under: Time and Work
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