Quantitative Aptitude - Arithmetic Ability Questions

Q:

Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment?

A) 1232 B) 1243
C) 1254 D) 1262
 
Answer & Explanation Answer: A) 1232

Explanation:

i=j/m

 

FV=  PV(1+  i)^n 

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

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Q:

A man makes four trips of equal distances. His speed on first trip was 60 km/hr and in each subsequent trip his speed was half of the previous trip. What is the average speed (in km/hr) of the man in these four trips?

A) 16 B) 30
C) 28.125 D) 27.5
 
Answer & Explanation Answer: A) 16

Explanation:
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Filed Under: Time and Distance
Exam Prep: Bank Exams

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Q:

You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate.

A) 5% B) 4%
C) 6% D) 7%
 
Answer & Explanation Answer: C) 6%

Explanation:

I=prt

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

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Q:

What is the discount percentage offered on a book having marked price Rs 2150 being sold at Rs 1892?

A) 12 B) 13
C) 14 D) 15
 
Answer & Explanation Answer: A) 12

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

In a race of 200 m, A can beat B by 31 m and C by 18 m. In a race of 350 m, C will beat B by ?

A) 25 m B) 21 m
C) 22 m D) 19 m
 
Answer & Explanation Answer: A) 25 m

Explanation:

A:B = 200 : 169
A:C = 200 : 182
 CB = CA×AB 

 

182200×200169

 

=> 182:169

 

When C covers 182 m , B Covers 169 m
When C covers 350 m , B Covers 169182×350
=> 325 m

 

 

 

So C beats B by (350 - 325) = 25 m.

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Filed Under: Time and Distance
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

A vessel, full of water, weighs 24 kg. When the vessel is 1/4 full, it weighs 9 kg. Find the weight of empty vessel.

A) 4 kg B) 5 kg
C) 8 kg D) 3 kg
 
Answer & Explanation Answer: A) 4 kg

Explanation:

Let the weight of vessel be x
Weight of water = 24 – x
⇒ (24 – x)/4 + x = 9
⇒ 24 – x + 4x = 36
⇒ 3x = 12
⇒ x = 4 kg

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Filed Under: Alligation or Mixture
Exam Prep: Bank Exams

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Q:

What will be the acute angle between the hour-hand and the minute-hand at 4:37 p.m.?

A) 18.5° B) 83.5°
C) 18° D) 6.5°
 
Answer & Explanation Answer: B) 83.5°

Explanation:
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Filed Under: Clocks
Exam Prep: Bank Exams

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Q:

If the mean of m observations out of n observations is n and the mean of remaining observations is m, then what is the mean of all n observations?

A) 2m –m^2/n B) 2m –m/n
C) 2m D) 2m –m
 
Answer & Explanation Answer: A) 2m –m^2/n

Explanation:

Mean of m observations is n

Mean of n-m observations is m

So total = nm+ (n-m)m

Total observations = n

Mean = Total / Total observations = (2mn-m^2)/n = 2m –m^2/n

 

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Filed Under: Simplification
Exam Prep: Bank Exams

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