Quantitative Aptitude - Arithmetic Ability Questions

Q:

The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 14%, is :

A) RS.105.50 B) RS.106
C) RS.106.50 D) RS.113.75
 
Answer & Explanation Answer: B) RS.106

Explanation:

Cash realised = Rs. (106.25 - 0.25) = Rs. 106.

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Filed Under: Stocks and Shares

1 3800
Q:

If the third day of a month is Tuesday, which of the following would be the 25th day of that month?

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

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

29 3799
Q:

A bus travels 2/5 of a total journey at its usual speed. The remaining distance was covered by bus at 6/7 of its usual speed. Due to slow speed it reaches its destination 50 minutes late. If the total distance is 200 kms, then what is the usual speed (in km/hr) of bus?

A) 20.57 B) 24
C) 28 D) 26.52
 
Answer & Explanation Answer: B) 24

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

4 3799
Q:

Determine the nominal rate of interest if:
The periodic rate is 1.75% per quarter.

A) 7% B) 8%
C) 9% D) 10%
 
Answer & Explanation Answer: A) 7%

Explanation:

j=mi

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

3 3788
Q:

A wholesaler sells a watch to a retailer at a gain of 32% and the retailer sells it to a customer at a loss of 20%. If the customer pays Rs 1,953.6, what had it cost the wholesaler?

A) Rs 2063 B) Rs 2394
C) Rs 1850 D) Rs 1637
 
Answer & Explanation Answer: C) Rs 1850

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

5 3785
Q:

If there is a total of 104 weekly instalments and a third deposit, find: the total cost of the computer

A) 3932.55 B) 4932
C) 5932 D) 6932
 
Answer & Explanation Answer: A) 3932.55

Explanation:

Total cost = deposit + loan + interest
= 1231.67 + 2463.33 + 237.55
= $3932.55

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

0 3776
Q:

The periodic interest rate corresponding to: 9.75% compounded semiannually

A) 4.875 B) 3.785
C) 4.865 D) 4.975
 
Answer & Explanation Answer: A) 4.875

Explanation:

i=j/m

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

2 3768
Q:

What should be the maximum value of B in the following equation?
8A9 – 6B2 + 4C6 = 723

A) 4 B) 1
C) 5 D) 7
 
Answer & Explanation Answer: D) 7

Explanation:

   1 1
   8 A 9
+ 4 C 6
-  6 B 2
   7 2 3
We may represent the given sum, as shown below:

1 + A + C - B = 12
A + C - B = 11

Now,giving the maximum values to A and C, i.e.

A = 9 and C = 9, we get B = 7.

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Filed Under: Numbers
Exam Prep: CAT
Job Role: Bank Clerk

5 3768