Quantitative Aptitude - Arithmetic Ability Questions

Q:

A certain sum amounts to Rs.7350 in 2 years and to Rs.8575 in 3 years.find the sum and rate percent

A) 3400 B) 4400
C) 5400 D) 6400
 
Answer & Explanation Answer: C) 5400

Explanation:

Interest for 1 year is the same whether it's simple interest or the compound interest.

Now interest of third year = 8575 - 7350 = 1225; means principal for this interest is 7350 if comound interest is takenIf 7350 is the principal interest = 1225

if 100 is the principal interest =(1225/7350) * 100 = 50/3 %

When a thing increases for two successive times the overall increase on initial amount = a + b + (a * b)/100

Therefore overall interest for two years = 50/3 + 50/3 + [(50/3)*(50/3)]/100 = 325/9 %

Therefore amount after 2 years = 100 + 325/9 = 1225/9

If 1225/9 is the amount principal =100

if 7350 is the amount principal =(900/1225)*7350 =5400

So sum = 5400; Rate = 50/3 %

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

69 37241
Q:

A man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy?

A) 30 dozens B) 40 dozens
C) 50 dozens D) 60 dozens
 
Answer & Explanation Answer: C) 50 dozens

Explanation:

Cost Price of 2 dozen oranges Rs. (5 + 4) = Rs. 9.
Sell price of 2 dozen oranges = Rs. 11.
If profit is Rs 2, oranges bought = 2 dozen.
If profit is Rs. 50, oranges bought = (2/2) * 50 dozens = 50 dozens.

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Filed Under: Profit and Loss

173 37193
Q:

Choose the figure which is different from the rest three.

 

 

 

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

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

0 37182
Q:

A boy multiplied 987 by a certain number and obtained 559981 as his answer. If in the answer both 98 are wrong and the other digits are correct , then the correct answer would be :

A) 553681 B) 555181
C) 555681 D) 556581
 
Answer & Explanation Answer: C) 555681

Explanation:

987 = 3 * 7 * 47.
So, the required number must be divisible by each one of 3, 7, 47
553681 => (Sum of digits = 28, not divisible by 3)
555181 => (Sum of digits = 25, not divisible by 3)
555681 is divisible by each one of 3, 7, 47.

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Filed Under: Numbers

61 37121
Q:

Find the odd word/letters/number pair from the given alternatives.

(A) Fire (B) Light (C) Gas (D) Water

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

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

1 37117
Q:

Select the odd term out of the following.

0.02, 0.020, 2/100, 0.002

 

A) 0.002 B) 0.020
C) 0.02 D) 2/100
 
Answer & Explanation Answer: A) 0.002

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

0 37030
Q:

Which of the following fractions is greater than  3 /4 and less than 5 / 6 ?

A) 3 / 5 B) 4 / 5
C) 7 / 5 D) 9 / 5
 
Answer & Explanation Answer: B) 4 / 5

Explanation:

3 /4 = 0.75, 5/6 = 0.833, 1/2 = .5, 2/3 = 0.66, 4/5 = 0.8, 9/10 = 0.9.

clearly 0.8 lies between 0.75 and .833.

4/5 lies between 3/4 and 5/6..

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Filed Under: Decimal Fractions

56 37022
Q:

In how many years will a sum of Rs.800 at 10% per annum compounded semi annually become Rs.926.10

A) 1.5 B) 2.5
C) 3.5 D) 4.5
 
Answer & Explanation Answer: A) 1.5

Explanation:

Let the time be 'n' years, Then

 

800×1+51002n=926.10 <=> 1+51002n=92618000<=>21202n=21103

 

n = 3/2 or n= 112 Years 

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Filed Under: Simple Interest
Exam Prep: GRE

125 36994