Aptitude and Reasoning Questions

Q:

Jaclyn buys $50 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the amount of interest Jaclyn will earn for each quarter

A) 1187.50 B) 1234
C) 1289 D) 1345
 
Answer & Explanation Answer: A) 1187.50

Explanation:

I=(p x r x t)/100

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

0 4913
Q:

The average age of 8 men is increased by 4 years when one of them whose age is 30 years is replaced by a new man. What is the age of new man?

A) 55 Years B) 62 Years
C) 42 Years D) 69 Years
 
Answer & Explanation Answer: B) 62 Years

Explanation:

Let the average of 8 men be x. Age of new man be N.
Total age of 8 men = 8x
⇒ x + 4 = ((8x – 30) + N)/8
⇒ 8x + 32 = 8x – 30 + N
⇒ N = 32 + 30
⇒ N = 62

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

5 4912
Q:

Of three positive numbers, the ratio of the first and second numbers is 3:4 & that of the second and third numbers is 5:6. The product of the second and third numbers is 4320. What is the sum of three numbers?

A) 167 B) 177
C) 187 D) 197
 
Answer & Explanation Answer: B) 177

Explanation:

Let the second & third numbers are 2x & 3x respectively.
ATQ,
5x*6x = 4320
30*x*x = 4320
x*x = 144
x=12
Hence, second number = 5x = 5*12 = 60
Third number = 6x = 6*12 = 72
Ratio of first & second number = ¾
Hence, first number = ( ¾)*60 = 45
Sum of these 3 numbers = 60+72+45 = 177

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

5 4912
Q:

A group of five persons is formed from five boys and four girls. Find the probability that there are at least two girls in the group?

A) 110/129 B) 5/6
C) 121/126 D) 3/7
 
Answer & Explanation Answer: A) 110/129

Explanation:

Total number of possible ways = 

9C5 = 9 x 8 x 7 x 6 x 55 x 4 x 3 x 2 x 1 = 126

Number of favorable cases = 

4C2 x 5C3 + 4C3 x 5C2 + 4C4 x 5C14 x 32 x 1 x 5 x 4 x 33 x 2 x 1 + 4 x 3 x 23 x 2 x 1 x 5 x 4 2 x 1 + 1 x 5= 6 x 10 + 4 x 10 + 5= 60 + 40 + 5= 105

 

Therefore, required probability = 105/126 = 5/6

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

10 4905
Q:

It takes one minute to fill 2/7 th of a vessel. What is the time taken in minutes to fill the whole of the vessel  ? 

A) 1/7 min B) 7/2 min
C) 5/7 min D) 7/5 min
 
Answer & Explanation Answer: B) 7/2 min

Explanation:

Time taken to fill 2/7 = 1
Then to fill full 1 = ?
? = 1/(2/7) = 7/2 minutes.

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

3 4905
Q:

What periodic payment will an investor receive from a $9000, four-year, monthly payment GIC earning a nominal rate of 5.25% compounded monthly?

A) 29.38 B) 39.38
C) 49.38 D) 59.38
 
Answer & Explanation Answer: B) 39.38

Explanation:

i=j/m

The monthly payment will be=PV*I

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

0 4904
Q:

Gold demand has fallen in the first half due to rising prices and the trend is likely to continue in the second half.

Conclusions :

I. Customers are very price-sensitive

II. There will be no improvement in demand in the second half

A) If only conclusion I follows B) If only conclusion II follows
C) If neither I nor II follows D) If both I and II follow
 
Answer & Explanation Answer: A) If only conclusion I follows

Explanation:

Fall of demand of gold is due to rising prices. Hence, I can be concluded. II cannot be concluded from the given statement.

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3 4903
Q:

There are six persons A, B, C, D, E and F. C is the sister of F. B is the brother of E's husband. D is the father of A and grandfather of F. There are two fathers, three brothers and a mother in the group. Which of the following is a group of brothers ? 

A) ABF B) ABD
C) BFC D) HEW
 
Answer & Explanation Answer: A) ABF

Explanation:

D is father of A and grandfather of F. So, A is father of F. 

Thus, D and A are the two fathers. C is the sister of F So, C is the daughter of A. 

Since there is only one mother, it is evident that E is the wife of A and hence the mother of C and F. 

So, B is brother of A There are three brothers. So, F is the brother of C. 

Clearly, B and A are brothers. F is the brother of C So, three brothers are A, B, F. 

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Filed Under: Blood Relations

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