Quantitative Aptitude - Arithmetic Ability Questions

Q:

A man buys a trouser in Rs.1250. By reduction of 20% in the price of trouser, he can purchase a t-shirt also in the same amount that was initially paid for the trouser. Find the price of the t-shirt?

A) Rs. 250 B) Rs. 125
C) Rs. 225 D) Rs. 200
 
Answer & Explanation Answer: A) Rs. 250

Explanation:

Initial amount spent on trouser by the man = Rs. 1250

Now, by the reduction of 20% in 1250, he can buy t-shirt too.

=> t-shirt cost = 20% of 1250 = 20 x 1250/100 = 250

 

Therefore, the price of the t-shirt = Rs. 250.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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7 3568
Q:

Sharon Stone deposits $500 at the beginning of each 3 months in an account earning 10% compounded quarterly. Determine how much money she has after 25 years

A) 22681.19 B) 23456
C) 44577 D) 25685
 
Answer & Explanation Answer: A) 22681.19

Explanation:

 

 

S=R[(1+i)^n-1)/i]

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 3566
Q:

A retirement benefit of $12,000 is to be paid every 6 months for 25 years at interest rate of 7% compounded semi-annually. Find

(a) the present value to fund the end-of-period retirement benefit.

(b) the end-of-period semi-annual payment needed to accumulate  the value in part (a) assuming regular investments for 30 years in an account yielding 8% compounded semi-annually

A) 245678 B) 234689
C) 281468.06 D) 234578
 
Answer & Explanation Answer: C) 281468.06

Explanation:

 

 

 

 

 

 

R=S[i/(1+i)^n-1]

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 3560
Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 3558
Q:

[15% of 300% of 560] × 2 ÷ 5 =

A) 100 B) 90
C) 85 D) 105
 
Answer & Explanation Answer: A) 100

Explanation:

[15% of 300% of 560] × 2 ÷ 5

= (15 x 300 x 560 x 2)/100 x 100 x 5

~= 100 

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Filed Under: Simplification
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 3558
Q:

The ratio of the members of blue to red balls in abag is constant. When there were 44 red balls, the number of blue balls was 36. If the number of blue balls is 54, how many red balls will be in the bag?

A) 68 B) 32
C) 64 D) 66
 
Answer & Explanation Answer: D) 66

Explanation:
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Filed Under: Permutations and Combinations
Exam Prep: Bank Exams

26 3557
Q:

What is the value of 729+72.9+7.29

A) 30.5 B) 32.33
C) 35.6 D) 38.23
 
Answer & Explanation Answer: D) 38.23

Explanation:
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8 3551
Q:

If 30% of 40% of X is 240, then what is the value of X?

A) 441 B) 2000
C) 1200 D) 1800
 
Answer & Explanation Answer: B) 2000

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

8 3551