Aptitude and Reasoning Questions

Q:

If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today?

A) 39158 B) 49158
C) 59158 D) 69158
 
Answer & Explanation Answer: B) 49158

Explanation:

i=j/m

FV = PV(1+  i)^n

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

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Q:

Reduce 2714/5074 to lowest terms.

A) 17/23 B) 29/43
C) 23/43 D) 31/37
 
Answer & Explanation Answer: C) 23/43

Explanation:
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Filed Under: Decimal Fractions
Exam Prep: Bank Exams

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Q:

(0.75)31-0.75+0.75+0.752+1 = ?

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

Explanation:

(0.75)31-0.75+0.75+(0.75)2+1=(0.75)3+(1-0.75)(1)2+(0.75)2+1×0.751-0.75 

 

 

(0.75)3+(1)3-(0.75)31-0.75 =10.25=4=2

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Q:

If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $10,000 after 3 years?

A) 8695.61 B) 6786
C) 3478 D) 4092
 
Answer & Explanation Answer: A) 8695.61

Explanation:

i=j/m

PV = FV (1+  i)^-n 

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

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Q:

4 mat-weavers can weave 4 mats in 4 days. At the same rate, how many mats would be woven by 8 mat-weavers in 8 days?

A) 4 B) 8
C) 12 D) 16
 
Answer & Explanation Answer: D) 16

Explanation:

Let the required number of bottles be x.

 

 

 

More weavers, More mats (Direct Proportion)

 

 

 

More days, More mats (Direct Proportion)

 

 

 

Wavers   4:8Days       4:8  :: 4:x

 

 

 

 4 x 4 x x = 8 x 8 x 4

 

 

 

=> x= 8*8*44*4

 

 

 

=>  x = 16.

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Q:

In a certain code language, "RAINBOW" is written as "1987645" and "SNAP" is written as "3790". How is "PIANO" written in that code language?

A) 8976 B) 8947
C) 8974 D) 8977
 
Answer & Explanation Answer: C) 8974

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

A card is drawn from a pack of 52 cards. The probability of getting a queen of the club or a king of the heart is?

A) 1/26 B) 1/13
C) 2/13 D) 1/52
 
Answer & Explanation Answer: A) 1/26

Explanation:

Here in this pack of cards, n(S) = 52

Let E = event of getting a queen of the club or a king of the heart

Then, n(E) = 2

P(E) = n(E)/n(S) = 2/52 = 1/26

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

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Q:

In a certain code language, "MASTER" is written as "682145" and "STAMP" is written as "21869". How is "PASTE" written in that code language?

A) 82145 B) 98214
C) 69218 D)  95184
 
Answer & Explanation Answer: B) 98214

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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