Aptitude and Reasoning Questions

Q:

After replacing an old member by a new member, it was found that the average age of five members of a club is the same as it was 3 years ago. The difference between the ages of the replaced and the new members?

A) 16 years B) 15 years
C) 14 years D) 13 years
 
Answer & Explanation Answer: B) 15 years

Explanation:

Let avg ages of 5 members at present is G

And age of new member is m and an older is n

Required = (5G + m - n)/5 = G - 3

m - n = 15 years

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Filed Under: Average
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Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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Filed Under: Simple Interest
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Q:

Calculate the effective interest rate compounded quarterly of a 13% annual rate.

A) 13.65% B) 14.665%
C) 15.65% D) 16.65%
 
Answer & Explanation Answer: A) 13.65%

Explanation:

E=(1+i/n)^n-1

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Filed Under: Compound Interest
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Q:

When a number is divided by 138 the remainder is 26. What will be the remainder if the same number is divided by 23 ?

A) 4 B) 6
C) 3 D) 1
 
Answer & Explanation Answer: C) 3

Explanation:

Number = quotient x divisor + remainder;
so, here
number = 138 k + 26
=> (23 x 6k) + (23+3)
=> 23(6k+1)+3
so, remainder is 3.

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Q:

In a bag, there are 8 red, 7 blue and 6 green flowers. One of the flower is picked up randomly. What is the probability that it is neither red nor green ?

A) 13

B)821

C)621

D)2021

A) Option A B) Option B
C) Option C D) Option D
 
Answer & Explanation Answer: A) Option A

Explanation:

Total number of flowers = (8+7+6) = 21.

 

Let E = event that the flower drawn is neither red nor green. 

= event taht the flower drawn is blue. 

 

--> n(E)= 7 

--> P(E)=  721=13 

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Q:

If a3+ b3 = 341 and ab = 30, then what is the value of a + b?

A) 1 B) 9
C) 7 D) 11
 
Answer & Explanation Answer: D) 11

Explanation:
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Q:

A sum of Rs. 2600 is lent out into two parts, one at 9% and another at 7% if the total annual income is Rs. 206, find the money lent at 7%.

A) Rs. 1400 B) Rs. 900
C) Rs. 1600 D) Rs. 1200
 
Answer & Explanation Answer: A) Rs. 1400

Explanation:

Money lent at 9% = x
Money lent at 7% = (2600 – x)
⇒ 9x/100 + (2600 – x) X 7 /100 = 206
⇒ 9x + 18200 – 7x = 20600
⇒ 2x = 2400
⇒ x = 1200
Money lent at 7% = 2600-1200 = 1400

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Filed Under: Percentage
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Q:

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52% B) 10.52%
C) 11.52% D) 12.52%
 
Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

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Filed Under: Compound Interest
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