Aptitude and Reasoning Questions

Q:

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

A) 7401.22 B) 3456
C) 4567 D) 7890
 
Answer & Explanation Answer: A) 7401.22

Explanation:

With slight modifications, the basic formula can be made to deal with compounding at intervals other than annually.

 

Since the compounding is done at six-monthly intervals, 4 per cent (half of 8 per cent) will be added to the value on each occasion.

 

Hence we use r = 0.04. Further, there will be ten additions of interest during the five years, and so n = 10. The formula now gives:

 

V = P(1 + r)10 = 5,000 x (1.04)10 = 7,401.22

 

Thus the value in this instance will be £7,401.22.

 

In a case such as this, the 8 per cent is called a nominal annual

 

rate, and we are actually referring to 4 per cent per six months.

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

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Q:

Find the one which does not belong to that group ?

A) Neice B) Daughter
C) Daughter-in-law D) Mother
 
Answer & Explanation Answer: C) Daughter-in-law

Explanation:

All are blood relation except Daughter-in-law.

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Filed Under: Blood Relations
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6 4593
Q:

If a = bx, b = cy and c = az then the value of xyz is equal to :

A) -1 B) 0
C) 1 D) abc
 
Answer & Explanation Answer: C) 1

Explanation:
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Filed Under: Logarithms

15 4593
Q:

Statements : In a recent survey report, it has been stated that those who undertake physical exercise for at least half an hour a day are less prone to have any heart ailments.

Conclusions :

a) Moderate level of physical exercise is necessary for leading a healthy life.
b) All people who do desk-bound jobs definitely suffer from heart ailments.

A) Only a follows B) Both a & b follows
C) Only b follows D) Neither a nor b follows
 
Answer & Explanation Answer: A) Only a follows

Explanation:

The statement mentions that chances of heart ailments are greatly reduced by a regular half-hour exercise. So, a follows. However, it talks of only reducing the probability which does not mean that persons involved in sedentary jobs shall definitely suffer from heart ailments. So, b does not follow.

Hence, concusion a only follows the given statement.

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Filed Under: Statement and Conclusions
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3 4590
Q:

Among the following which is a rational number?

 

A) 323 B) 325
C) 324 D) 326
 
Answer & Explanation Answer: B) 325

Explanation:
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Filed Under: Square Roots and Cube Roots
Exam Prep: Bank Exams

2 4589
Q:

Three athletes can complete one round around a circular field in 16, 24 and 36 min respectively. They start running together at same instant then after how much time they will meet to each other for first time ?

A) 2 hrs 24 min B) 2 hrs 44 min
C) 1 hrs 24 min D) 1 hrs 24 min
 
Answer & Explanation Answer: A) 2 hrs 24 min

Explanation:

Given that three athletes can complete one round around a circular field in 16, 24 and 36 min respectively.

Now, required time after which they met for the first time = LCM of (16, 24 & 36) min

Now, LCM of 16, 24, 36 = 144 minutes = 2 hrs 24 min.

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Filed Under: Time and Work
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15 4589
Q:

If two line pa + b = 2 and 3a + b = 4 are parallel to each other, then what is the value of p ?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:

Given two lines are parallel

pa+b=2

b=-pa+2..........(1)

3a+b=4

b=-3a+4 ...........(2)

m1 = -p

m2= -3

The condition for the two lines to be parallel is m1=m2

p = 3

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Filed Under: Arithmetical Reasoning
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11 4588
Q:

Two cards are drawn at random from a well - shuffled pack of 52 cards. what is the probability that either both are red or both are queens?

A) 17/112 B) 55/221
C) 55/121 D) 33/221
 
Answer & Explanation Answer: B) 55/221

Explanation:

n(S) = C252 = 1326

 

 Let  A = event of getting both red cards

 

and B = event of getting both queens

 

then AB = event of getting two red queens

 

n(A) = C226 = 325,   n(B) = C24 = 6

 

 n(AB)=C22=1

 

  PA=3251326, PB = 61326

 

 PAB=11326

 

P ( both red or both queens) = PAB

 

PA+PB-PAB=3251326+1221-11326=55221

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Filed Under: Probability

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