Aptitude and Reasoning Questions

Q:

The present of Rs.169 due in 2years at 4% per annum compound interest is

A) Rs.150.50 B) Rs.154.75
C) Rs.156.25 D) Rs.158
 
Answer & Explanation Answer: C) Rs.156.25

Explanation:

Present worth = 169/(1+4/100)^n = 156.25

Report Error

View Answer Report Error Discuss

Filed Under: Simple Interest
Exam Prep: GRE
Job Role: Analyst

4 6099
Q:

A certain sum is to be divided between A and B so that after 5 years the amount received by A is equal to the amount received by B after 7 years. The rate of interest is 10%, interest compounded annually. Find the ratio of amounts invested by them.

please solve this

Answer

Let the sum(principal) received by A and B are x and y.


(1+r) =  =


Then,  =


Hence, the ratio in which the sum is divided =121:100

Report Error

View answer Workspace Report Error Discuss

Subject: Compound Interest Exam Prep: Bank Exams

26 6098
Q:

If a person having Rs. 2000 and he want to distribute this to his five children in the manner that each son having Rs. 30 more than the younger one , what will be the share of youngest child ?

A) Rs. 175 B) Rs. 325
C) Rs. 340 D) Rs. 260
 
Answer & Explanation Answer: C) Rs. 340

Explanation:

Assume first child (the youngest) get = Rs. x

According to the question ;
each son having Rs. 30 more than the younger one

Second child will get = Rs. x + 30
Third child will get = Rs. x + 30 + 30 = x + 60
Forth child will get = Rs. x + 30 + 30 + 30 = x + 90
Fifth child will get = Rs. x + 30 + 30 + 30 + 30 = x + 120

Total amount they got = Rs. 2000

x + (x+30) + (x+60) + (x+90) + (x+120) = 2000
5x + 300 = 2000
5x = 1700
x = Rs. 340
So the youngest child will get Rs. 340.

Report Error

View Answer Report Error Discuss

Filed Under: Chain Rule
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

22 6094
Q:

Read the given statements carefully and answer the question.

 

Taxes on eating out have been increased. Eating out is not an act of the luxurious. Over-worked and time-pressed poor also need to eat out.

 

A) The poor enjoy the luxury of eating out B) Eating out is luxury for the poor
C) Eating out is need-based for the poor also D) Tax on eating out must be reduced
 
Answer & Explanation Answer: C) Eating out is need-based for the poor also

Explanation:
Report Error

View Answer Report Error Discuss

1 6093
Q:

Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

A) Rs.512 B) Rs.515
C) Rs.612 D) Rs.522
 
Answer & Explanation Answer: C) Rs.612

Explanation:

Amount

= Rs[7500x(1+4/100)²]

=Rs.(7500 * 26/25 * 26/25)

=Rs.8112

 

 C.I

= Rs(8112 - 7500)

=Rs.612

Report Error

View Answer Report Error Discuss

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

3 6092
Q:

The sum of the digits of a two-digits number is 10,while when the digits are reversed, the number decreases by 54. Find the changed number ?

A) 28 B) 19
C) 37 D) 46
 
Answer & Explanation Answer: A) 28

Explanation:

Let the original number is 82 i.e 8 + 2 = 10 and when the digits are reversed i.e 28
The difference is 82 - 28 = 54 i.e, the number is decreased by 54.

Report Error

View Answer Report Error Discuss

Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk

7 6090
Q:

What was the day of the week on 17th June, 1998?

A) Wednesday B) Saturday
C) Friday D) Tuesday
 
Answer & Explanation Answer: A) Wednesday

Explanation:

17th June, 1998 = (1997 years + Period from 1.1.1998 to 17.6.1998)

Odd days in 1600 years = 0

Odd days in 300 years = (5 x 3) 1

97 years has 24 leap years + 73 ordinary years.

Number of odd days in 97 years ( 24 x 2 + 73) = 121 = 2 odd days.

Jan. Feb. March April May June

(31 + 28 + 31 + 30 + 31 + 17) = 168 days

168 days = 24 weeks = 0 odd day.

Total number of odd days = (0 + 1 + 2 + 0) = 3.

Given day is Wednesday

Report Error

View Answer Report Error Discuss

Filed Under: Calendar

9 6085
Q:

The cost price of 40 Magazines is the same as the selling price of 'P' articles. If the profit is 25%, then the value of 'P' is:

A) 32 B) 40
C) 16 D) 30
 
Answer & Explanation Answer: A) 32

Explanation:

Let C.P. of each Magazine be Rs. 1

C.P. of P articles = Rs. P. 

S.P. of P articles = Rs. 40.

 

Profit = Rs. (40 - P)

 

Now, Gain% = ProfitC.P×100 = 40-PP×100 

 

Here 40-PP×100= 25

-->P = 32.

 

 

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

6 6075