Aptitude and Reasoning Questions

Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 4.2

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

Explanation:

i=j/m

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

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Q:

Shivam Industries installed a flour mill for Rs. 300,000 five years ago. If the fixed annual rate of depreciation is 5% and they sold the mill for Rs. 250,000 their gain/loss % is?

 

 

A) No gain - No loss B) Loss 10%
C) Gain 12.5% D) Gain 10%
 
Answer & Explanation Answer: D) Gain 10%

Explanation:

Given that mill worth originally =3ooooo

Depreciation for 1 yr =300000x5/100= Rs. 15000

Then, depreciation for 5yrs = Rs. 75000

Value after 5yrs = 300000 - 75000 = Rs. 225000

Given Selling Price of the mill = Rs. 250000

Sp > CP

Gain = 250000 - 225000 = Rs. 25000

Gain% = 25000/250000 x 100 = 10%.

 

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

The binary system uses powers of

A) 0 B) 1
C) 2 D) None of the above
 
Answer & Explanation Answer: C) 2

Explanation:

Binary system is what the representation uses only two digits 0 & 1.

It uses only the powers of 2.

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

If a stall sells a pizza at Rs 200 he makes 20% loss if he wants to make 10% profit then at what price (in Rs) should he sell?

A) 250 B) 300
C) 275 D) 325
 
Answer & Explanation Answer: C) 275

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

What day would it be on 15th March 2020?

A) Saturday B) Sunday
C) Tuesday D) Monday
 
Answer & Explanation Answer: B) Sunday

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line AB, then which of the answer figure is the right image of the given figure?

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

Explanation:
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Filed Under: Image Analysis
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

If 3 @ 3 * 3 = 3 and 48 @ 4 * 3 = 36, then 91 @ 13 * 2 = ?

A) 4 B) 8
C) 10 D) 14
 
Answer & Explanation Answer: D) 14

Explanation:
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Filed Under: Coding and Decoding

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Q:

Identify the diagram that best represents the relationship among the given classes.
Pet animals, Dog, Cat

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

Explanation:
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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

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