Aptitude and Reasoning Questions

Q:

A sum becomes Rs 2286 in 3 years and Rs 2448 in 4 years at simple interest. What is the rate (in percentage) of interest per annum?

A) 10 B) 9
C) 8 D) 11
 
Answer & Explanation Answer: B) 9

Explanation:
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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

In a certain code language, "TRAIN" is written as "NIART". How is "SCOOTER" written in that code language?

A) RETOOCS B) RETOCSO
C) RETSCOO D) SCOORET
 
Answer & Explanation Answer: A) RETOOCS

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

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Q:

A can do 50% of the job in 16 days, B can do 1/4th of the job in 24 days. In how many days can they do 3/4th of the job working together?

A) 24 B) 9
C) 21 D) 18
 
Answer & Explanation Answer: D) 18

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

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Q:

Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment?

A) 1232 B) 1243
C) 1254 D) 1262
 
Answer & Explanation Answer: A) 1232

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:

The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs 540 after giving 25% discount. What is the value of x (in Rs)?

A) 360 B) 250
C) 300 D) 240
 
Answer & Explanation Answer: D) 240

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

‘X’ is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ‘X’ allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

A)  Rs 2750  B)  Rs 3200 
C)  Rs 2500  D)  Rs 2700 
 
Answer & Explanation Answer: D)  Rs 2700 

Explanation:

Let cost price of each bread packet = a Rs.

So, marked price of each bread packet = 2.5a

And selling price of each bread packet = 2.5a × 60/100 = 1.5a

Given, 1.5a –

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In the following alphanumeric series, one term is missing as shown by the question mark. Select the missing term from the given options.

 

5E, 7F, 11H, 17K, ?

 

A) 25P B) 20N
C) 20Q D) 25O
 
Answer & Explanation Answer: D) 25O

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

The Government has decided not to provide financial support to voluntary organisations from next Five Year Plan and has communicated that all such organisations should raise funds to meet their financial needs.

 

Courses of Action:

I. Voluntary organisations should collaborate with foreign agencies.

II. They should explore other sources of financial support.

A) Only I follows B) Only II follows
C) Neither I nor II follows D) Both I and II follow
 
Answer & Explanation Answer: B) Only II follows

Explanation:

The problem arising is shortage of funds. So, alternative sources of financial support need to be worked out first. Thus, only course II follows.

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