Quantitative Aptitude - Arithmetic Ability Questions

Q:

What will be the compound interest on a sum of Rs.25,000 after 3 years at the rate of 12 p.c.p.a?

A) Rs.10123.20 B) Rs.12100
C) Rs.12552 D) Rs.12665
 
Answer & Explanation Answer: A) Rs.10123.20

Explanation:

Amount

= Rs.(25000x(1+12/100)³

= Rs.(25000x28/25x28/25x28/25)

= Rs. 35123.20.

 

C.I = Rs(35123.20 -25000)

= Rs.10123.20

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Filed Under: Compound Interest
Exam Prep: GRE

17 16265
Q:

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 12 . The rate of interest obtained is:

A) 13% B) 12
C) 15% D) 16%
 
Answer & Explanation Answer: C) 15%

Explanation:

Investment = Rs. [20 x (50 - 5)] = Rs. 900. 

 

Face value = Rs. (50 x 20) = Rs. 1000.

 

Dividend   = Rs.272*1000100=Rs.135 

 

Interest obtained = 135900*100 % = 15%

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Filed Under: Stocks and Shares

3 16202
Q:

A fair six-sided die is rolled twice. What is the probability of getting 4 on the first roll and not getting 6 on the second roll ?

A) 1/36 B) 5/36
C) 1/12 D) 1/9
 
Answer & Explanation Answer: B) 5/36

Explanation:

The two events mentioned are independent.

The first roll of the die is independent of the second roll. Therefore the probabilities can be directly multiplied.

P(getting first 4) = 1/6

P(no second 6) = 5/6

Therefore P(getting first 4 and no second 6) = 1/6 x 5/6 = 5/36

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Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

6 16190
Q:

If the rate increases by 2%, the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs.180. The sum is ?

A) Rs. 540 B) Rs. 415
C) Rs. 404 D) Data is not sufficient
 
Answer & Explanation Answer: D) Data is not sufficient

Explanation:

Let the sum be Rs. p, rate be R% p.a. and time be T years.

Then,

 P×T×(R+2)100-P×T×R100=108  2PT= 10800  ...... (1)

 And, 

 P×R×(T+2)100-P×R×T100=180   2PR = 18000 ......(2)

Clearly, from (1) and (2), we cannot find the value of p
So, the data is not sufficient.

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Filed Under: Simple Interest
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11 16189
Q:

A milkman claims to sell milk at its cost price, still, he is making a profit of 30% since he has mixed some amount of water in the milk. What is the % of milk in the mixture?

A) 71.02% B) 76.92%
C) 63.22% D) 86.42%
 
Answer & Explanation Answer: B) 76.92%

Explanation:

Let the milk he bought is 1000 ml

Let C.P of 1000 ml is Rs. 100

Here let he is mixing K ml of water

He is getting 30% profit

=> Now, the selling price is also Rs. 100 for 1000 ml

=> 100 : K%

= 100 : 30

10 : 3 is ratio of milk to water

=> Percentage of milk = 10 x 100/13 = 1000/13 = 76.92%

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Filed Under: Alligation or Mixture
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26 16170
Q:

 What is the greatest of 3 consecutive integers whose sum is 24 ?

A) 6 B) 7
C) 8 D) 9
 
Answer & Explanation Answer: D) 9

Explanation:

The sum of three consecutive integers can be written as n + (n + 1) + (n + 2) = 3n + 3

If the sum is 24, we need to solve the equation 3n + 3 = 24;

=> 3n = 21;

=> n = 7

The greatest of the three numbers is therefore 7 + 2 = 9

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Filed Under: Numbers
Exam Prep: GRE

33 16146
Q:

Excluding stoppages, the average speed of a bus is 60 km/hr and including stoppages, the average speed of the bus is 40 km/hr. For how many minutes does the bus stop per hour ?

A) 2 hrs B) 20 min
C) 40 min D) 30 min
 
Answer & Explanation Answer: B) 20 min

Explanation:

In 1hr, the bus covers 60 km without stoppages and 40 km with stoppages.

Stoppage time = time take to travel (60 - 40) km i.e 20 km at 60 km/hr.

stoppage time = 20/60 hrs = 20 min.

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Filed Under: Time and Distance
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12 16137
Q:

Second & fourth Saturdays and every Sunday is a holiday. How many working days will be there in a month of 31 days beginning on a Friday ?

A) 24 B) 23
C) 22 D) 25
 
Answer & Explanation Answer: A) 24

Explanation:

Given that the month begins on a Friday and has 31 days

 

Sundays = 3rd, 10th, 17th, 24th, 31st
=> Total Sundays = 5

 

Every second & fourth Saturday is holiday.
2nd & 4th Saturday in every month = 2

 

Total days in the month = 31

 

Total working days = 31 - (5 + 2) = 24 days.

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Filed Under: Calendar
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68 16129