Aptitude and Reasoning Questions

Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 19296 B) 19396
C) 19496 D) 19596
 
Answer & Explanation Answer: A) 19296

Explanation:

The single equivalent payment will be PV + FV.
FV = Future value of $10,000, 12 months later
 $10,000 *(1.0075)/12
 $10,938.07
PV=  Present value of $10,000, 24 months earlier
 $10,000/(1.0075)24
 $8358.31
The equivalent single payment is
$10,938.07 + $8358.31 = $19,296.38

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Filed Under: Compound Interest
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2 5637
Q:

A,B,C,D,E,F,G and H are sitting around a circular table facing the centre but not necessarily in the same order. G sits third to the right of C. E is second to the right of G and 4th to the right of H. B is fourth to the right of C. D is not an immediate neighbour of E. A and C are immediate neighbours.

 Which of the following is/are correct ?

A) F is third to the left of B B) F is second to the right of B
C) B is an immediate neighbour of D D) All of the above
 
Answer & Explanation Answer: B) F is second to the right of B

Explanation:

From the given information, the circular arrangement is

EXP.

Here F is second to the right of B and the remaning all are wrong.

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Filed Under: Permutations and Combinations
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7 5636
Q:

 83% of 2350 = ?

A) 1889.95 B) 1912.35
C) 1875.25 D) 1950.50
 
Answer & Explanation Answer: D) 1950.50

Explanation:
83% of 2350 = ?
 
83/100 x 2350
 
=8.3 x 235
 
=1950.50
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Filed Under: Percentage
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12 5635
Q:

Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?

A) 16% B) 14.5%
C) 12% D) 10.5%
 
Answer & Explanation Answer: A) 16%

Explanation:

Let cost of each cell phone = Rs.100 & Sale = 100 phones.

Money receipt = Rs.(100 x 100) = Rs.10,000

New cost per cellphone = Rs.120 and New sale = 70 phones

New Money Receipt = Rs.(70 x 120) = Rs.8400

Then the effect of sales = decrease in money receipt = 

160010000 x 100 = 16%.

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Filed Under: Profit and Loss
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14 5634
Q:

A flagstaff 17.5 m high casts a shadow of length 40.25 m. What will be the height of a building, which casts a shadow of length 28.75 m under similar conditions ?  

A) 14 cm B) 13.5 cm
C) 12.5 cm D) 11.4 cm
 
Answer & Explanation Answer: C) 12.5 cm

Explanation:

Let the required height of the building be x meter

More shadow length, More height(direct proportion)

Hence we can write as

(shadow length) 40.25 : 28.75 :: 17.5 : x
⇒ 40.25 × x = 28.75 × 17.5
⇒ x = 28.75 × 17.5/40.25
= 2875 × 175/40250
= 2875 × 7/1610
= 2875/230
= 575/46
= 12.5 cm

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Filed Under: Height and Distance
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17 5632
Q:

P, Q, R and S are four friends. P is shorter than Q but taller than R who is shorter than S. Who is the shortest among all?

A) P B) Q
C) R D) S
 
Answer & Explanation Answer: C) R

Explanation:
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Filed Under: Analytical Reasoning
Exam Prep: Bank Exams

8 5631
Q:

M, N and O can complete the work in 18, 36 and 54 days respectively. M started the work and worked for 8 days, then N and O joined him and they all worked together for some days. M left the job one day before completion of work. For how many days they all worked together?

A) 4 B) 5
C) 3 D) 6
 
Answer & Explanation Answer: B) 5

Explanation:

Let M, N and O worked together for x days.

From the given data,
M alone worked for 8 days
M,N,O worked for x days
N, O worked for 1 day

But given that
M alone can complete the work in 18 days
N alone can complete the work in 36 days
O alone can complete the work in 54 days

The total work can be the LCM of 18, 6, 54 = 108 units

M's 1 day work = 108/18 = 6 units
N's 1 day work = 108/36 = 3 units
O's 1 day work = 108/54 = 2 units

Now, the equation is
8 x 6 + 11x + 5 x 1 = 108
48 + 11x + 5 = 108
11x = 103 - 48
11x = 55
x = 5 days.

Hence, all M,N and O together worked for 5 days.

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Filed Under: Time and Work
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3 5630
Q:

AF : CH :: KT : ?

A) MU B) LU
C) LV D) MV
 
Answer & Explanation Answer: D) MV

Explanation:

As,

 A+2C

 F+2H

 

Similarly,

 

 K+2MT+2V

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Filed Under: Analogy
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7 5629