Aptitude and Reasoning Questions

Q:

A does 75% of a work in 25 days. He then calls in B and they together finish the remaining work in 5 days. How long B alone would take to do the whole work?

A) 50 days B) 80 days
C) 24 days D) 37.5 days
 
Answer & Explanation Answer: A) 50 days

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

If a+b+c = 6 and ab+bc+ca = 1, then the value of bc(b+c) + ca(c+a) +ab(a+b) +3abc is

A) 33 B) 66
C) 55 D) 23
 
Answer & Explanation Answer: B) 66

Explanation:
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Q:

Rs 60500 is divided among A, B and C such that A receives 2/9 as much as B and C together and B receives 3/7 of as much as A and C together. What is the share of C (in Rs)?

A) 29850 B) 30120
C) 31350 D) 37250
 
Answer & Explanation Answer: C) 31350

Explanation:
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Filed Under: Partnership
Exam Prep: Bank Exams

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Q:

A retirement benefit of $12,000 is to be paid every 6 months for 25 years at interest rate of 7% compounded semi-annually. Find

(a) the present value to fund the end-of-period retirement benefit.

(b) the end-of-period semi-annual payment needed to accumulate  the value in part (a) assuming regular investments for 30 years in an account yielding 8% compounded semi-annually

A) 245678 B) 234689
C) 281468.06 D) 234578
 
Answer & Explanation Answer: C) 281468.06

Explanation:

 

 

 

 

 

 

R=S[i/(1+i)^n-1]

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

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Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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

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Q:

Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest

A) 5678 B) 4563
C) 4329 D) 6210.73
 
Answer & Explanation Answer: D) 6210.73

Explanation:

Bob receives 15-3 = 12 months of 3.5 % interest compounded daily

 

 

 

M=P(1+i/365)^365n

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Q:

What is the value of 729+72.9+7.29

A) 30.5 B) 32.33
C) 35.6 D) 38.23
 
Answer & Explanation Answer: D) 38.23

Explanation:
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Q:

A man buys a trouser in Rs.1250. By reduction of 20% in the price of trouser, he can purchase a t-shirt also in the same amount that was initially paid for the trouser. Find the price of the t-shirt?

A) Rs. 250 B) Rs. 125
C) Rs. 225 D) Rs. 200
 
Answer & Explanation Answer: A) Rs. 250

Explanation:

Initial amount spent on trouser by the man = Rs. 1250

Now, by the reduction of 20% in 1250, he can buy t-shirt too.

=> t-shirt cost = 20% of 1250 = 20 x 1250/100 = 250

 

Therefore, the price of the t-shirt = Rs. 250.

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

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