Quantitative Aptitude - Arithmetic Ability Questions

Q:

Determine the nominal rate of interest if:
The periodic rate is 1.75% per quarter.

A) 7% B) 8%
C) 9% D) 10%
 
Answer & Explanation Answer: A) 7%

Explanation:

j=mi

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Filed Under: Compound Interest
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3 3839
Q:

Find the time to double your investment at 6%

A) 10years B) 11years
C) 12years D) 13years
 
Answer & Explanation Answer: C) 12years

Explanation:

M=p(1+i)^n

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Filed Under: Compound Interest
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1 3831
Q:

A showroom on its anniversary gives a discount of 18% on marked price of bikes. Raghuram purchases a bike in Rs. 54,540. What is the marked price of bike?

A) Rs. 63548 B) Rs. 66512
C) Rs. 65000 D) Rs. 67857
 
Answer & Explanation Answer: B) Rs. 66512

Explanation:

The discount offered by showroom = 18%

Raghu purchased at Rs. 54540

Then,

The marked price is given by 

54540 x 100/82

=~ Rs. 66,512

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Filed Under: Percentage
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7 3829
Q:

326-3-436-2-68-12=?

A) sqtr{3}-sqrt{2} B) sqtr{3}+sqrt{2}
C) 5sqrt{3} D) 1
 
Answer & Explanation Answer: C) 5sqrt{3}

Explanation:

Given Exp = 326-3×6+36+3-436-2×6+26+2-622-3

 

32(6+3)6-3-43(6+2)6-2+33-2×3+23+2

 

26+3-36+2+33+2

 

12+6-18-6+33+32

 

= 53 

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4 3821
Q:

If there is a total of 104 weekly instalments and a third deposit, find: the total cost of the computer

A) 3932.55 B) 4932
C) 5932 D) 6932
 
Answer & Explanation Answer: A) 3932.55

Explanation:

Total cost = deposit + loan + interest
= 1231.67 + 2463.33 + 237.55
= $3932.55

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Filed Under: Simple Interest
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0 3818
Q:

If cost price of an article is 75% of its selling price, then what will be the profit percentage?

A) 23.47 B) 25
C) 33.33 D) 20
 
Answer & Explanation Answer: C) 33.33

Explanation:
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Filed Under: Profit and Loss
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7 3817
Q:

A text book of mathematics cost 2 Rs/- more than a text book of literature. If 5 literature books cost 38 Rs/- more than 3 mathematics books, what is the cost of each literature book?

A) 44 B) 22
C) 24 D) 11
 
Answer & Explanation Answer: B) 22

Explanation:

Let each literature text book cost be Rs. X

Then, cost of mathematics text book = Rs. (X + 2)

ATQ,

5X = 38 + 3(X + 2)

5X = 38 + 3X + 6

2X = 44

X = 22.

 

Therefore, cost of each literature text book = Rs. X = Rs. 22.

And that of masthematics = X + 2 = Rs. 24.

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3 3812
Q:

Raghu bought an article for Rs. 14,360 and spent Rs. 240 on its transportation. At what amount he has to sell it to get a profit of 15%? (in Rs.)

A) ₹ 16,000 B) ₹ 16,790
C) ₹ 16,150 D) ₹ 16.500
 
Answer & Explanation Answer: B) ₹ 16,790

Explanation:
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Filed Under: Profit and Loss
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