Aptitude and Reasoning Questions

Q:

At the beginning of March, Ryan had $621 in his savings bank account. On 10 March he deposited $60. If the bank pays 8% p.a. interest paid monthly and calculated on the minimum monthly balance, calculate the interest Ryan earns in March.

A) 2.14 B) 3.14
C) 5.14 D) 4.14
 
Answer & Explanation Answer: D) 4.14

Explanation:

I = (P x T x R) /100

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

2 5043
Q:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time

A) Rs.51.25 B) Rs.61.25
C) Rs.51 D) Rs.42
 
Answer & Explanation Answer: A) Rs.51.25

Explanation:

Sum = Rs.(50*100)/2*5=Rs.500

Amount=Rs.[500*(1+5/100)2]

= Rs. 551.25

 

 C.I = Rs.(551.25-500)= Rs.51.25

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

0 5037
Q:

How many four digits numbers greater than 6000 can be made using the digits 0, 4, 2, 6 together with repetition.

A) 64 B) 63
C) 62 D) 60
 
Answer & Explanation Answer: B) 63

Explanation:

Given digits are 0, 4, 2, 6

Required 4 digit number should be greater than 6000.

So, first digit must be 6 only and the remaining three places can be filled by one of all the four digits.

This can be done by

1x4x4x4 = 64

Greater than 6000 means 6000 should not be there.

Hence, 64 - 1 = 63.

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Filed Under: Permutations and Combinations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

18 5035
Q:

Total 100 members are writing exam. In that 48 members are writing first exam, 45 members are writing second exam and 38 members are writing third exam. 5 members are writing all the three exams. How many members are writing 2 exams ?

A) 26 B) 23
C) 27 D) 21
 
Answer & Explanation Answer: D) 21

Explanation:

Total number of exams written by 100 students = 48 + 45 + 38 = 131
Now let us say x members are writing only 1 exam, y members are writing only 2 exams, z members are writing only 3 exams.
Therefore, x + 2y + 3z = 131 also x + y + z = 100.
Given that z = 5. So x + 2y = 116 and x + y = 95.
Solving we get y = 21.
So 21 members are writing exactly 2 exams.

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Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

6 5034
Q:

Althaf borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12% ?

A) Rs. 300 B) Rs. 400
C) Rs. 1200 D) Rs. 1100
 
Answer & Explanation Answer: C) Rs. 1200

Explanation:

Let Althaf lent Rs. A at 14% per year.
Hence, Money lent at 12% = (1500-A);
Given, total interest = Rs. 186.
{(A x 14x 1)/100} + {[(1500-A) x 12 x 1/100]} = 186;
14A/100 + (18000 -12A)/100 = 186;
14A + 18000 - 12A = 186x100;
2A = 18600-18000;
A = 600/2 = Rs. 300.
Hence, money lent at 12% = 1500-300 = Rs. 1200.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

1 5030
Q:

A person walking 6/7 of his usual rate is 30 minutes late. What is his usual time ?

A) 2 hrs 50 min B) 3 hrs 25 min
C) 3 hrs D) 2 hrs 5 min
 
Answer & Explanation Answer: C) 3 hrs

Explanation:

Let t be the usual time. If the usual rate is 1 unit, then the unusual rate is 6/7.
Balance by the distance,
1 x t = (6/7)(t + 30)
7t = 6(t + 30)
we get t as,
t = 180 minutes = 3 hrs.

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Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

2 5027
Q:

Consider the given argument and decide which of the given assumptions is/are implicit.

Argument :
All girls love reading novels.

Assumptions :
1. Novels are the only reading materials.
2. No girl loves to read other materials.

 

A) Both assumptions 1 and 2 are implicit B) Only assumption 1 is implicit
C) Neither assumption 1 nor 2 is implicit D) Only assumption 2is implicit
 
Answer & Explanation Answer: C) Neither assumption 1 nor 2 is implicit

Explanation:
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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

2 5025
Q:

If the standard deviation of a population is 10, what would be the population variance?

A) 100 B) 30
C) 5 D) 20
 
Answer & Explanation Answer: A) 100

Explanation:
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Filed Under: Probability
Exam Prep: Bank Exams

12 5024