Quantitative Aptitude - Arithmetic Ability Questions

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

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Q:

21% of 500 + 31% of 1100 - 30% of 790 = ? 

A) 209 B) 290
C) 309 D) 390
 
Answer & Explanation Answer: A) 209

Explanation:

Given 21% of 500 + 31% of 1100 - 30% of 790 = ?

 

? = 21 x 5 + 31 x 11 - 3 x 79

? = 105 + 341 - 237

? = 446 - 237

? = 209.

 

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Filed Under: Percentage
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Job Role: Analyst , Bank Clerk , Bank PO

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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

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Q:

In an election between two candidates, the winning candidate has got 70% of the votes polled and has won by 15400 votes. What is the number of votes polled for loosing candidate?

A) 38500 B) 11550
C) 26950 D) 13550
 
Answer & Explanation Answer: B) 11550

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

When a number is divided by 138 the remainder is 26. What will be the remainder if the same number is divided by 23 ?

A) 4 B) 6
C) 3 D) 1
 
Answer & Explanation Answer: C) 3

Explanation:

Number = quotient x divisor + remainder;
so, here
number = 138 k + 26
=> (23 x 6k) + (23+3)
=> 23(6k+1)+3
so, remainder is 3.

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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Q:

If a3+ b3 = 341 and ab = 30, then what is the value of a + b?

A) 1 B) 9
C) 7 D) 11
 
Answer & Explanation Answer: D) 11

Explanation:
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Filed Under: Simplification

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Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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Filed Under: Simple Interest
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Q:

A slice from a circular pizza of diameter 14 inches is cut in asuch a way that each slice of pizza has a central angle of 45°. What is the area of each slice of Pizza(in square inches)?

A) 16.25 B) 19.25
C) 18.25 D) 17.25
 
Answer & Explanation Answer: B) 19.25

Explanation:

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Filed Under: Area

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