6500+ Quantitative Aptitude Questions and Answers With Explanation

Q:

Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?

A) Both are equally good	B) 9 3/4% stock at 117
C) Cannot be compared, as the total amount of investment is not given	D) 11% stock at 143

Answer & Explanation Answer: B) 9 3/4% stock at 117

Explanation:

Let investment in each case be Rs. (143 x 117).

Income in 1st case = Rs. $\frac{11}{143}$ x 143 x 117 = Rs. 1287.
Income in 2nd case = Rs. $\frac{39}{4 \times 117}$ x 143 x 117= Rs. 1394.25

Clearly, 9 3/4% stock at 117 is better.

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Filed Under: Stocks and Shares
Exam Prep: CAT , Bank Exams , AIEEE
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12 8216

Q:

Every year before the festive season, a brand store increases the price of the product by 42% and then introduce two successive discount of 10% and 11% respectively. What is percentage loss and percentage gain ?

A) 3.25% loss	B) 13.742% loss
C) 3.25% gain	D) 13.742% gain

Answer & Explanation Answer: D) 13.742% gain

Explanation:

Let CP = 100,
42 % increase => SP = 142
10 % discount in SP => ((142 x 10)/100) = 14.2
So 1st SP = (142 - 14.2) = 127.8, again 12 % discount in 1st SP ((127.8 x 11)/100) = 14.058
2nd SP = (127.8 - 14.058) = 113.742,
So finally CP = 100, SP = 113.742, => gain = 13.742%.

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Filed Under: Profit and Loss
Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

11 8215

Q:

if $\log_{10} 5 + \log (5 x + 1) = \log_{10} (x + 5) + 1, t h e n x i s e q u a l t o$

A) 1	B) 3
C) 5	D) 10

Answer & Explanation Answer: B) 3

Explanation:

$\log_{10} 5 + \log (5 x + 1) = \log_{10} (x + 5) + 1$

$\log_{10} [5 (5 x + 1)] = \log_{10} [10 (x + 5)]$

$5 (5 x + 1) = 10 (x + 5)$

5x+1=2x+10

3x=9

x=3

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Filed Under: Logarithms
Exam Prep: Bank Exams
Job Role: Bank PO

29 8200

Q:

An amount of money was lent for 3 years. What will be the difference between the simple and the compound interest earned on it at the same rate?
I. The rate of interest was 8 p.c.p.a.
II. The total amount of simple interest was Rs. 1200

A) I alone sufficient while II alone not sufficient to answer	B) alone sufficient while I alone not sufficient to answer
C) Both I and II are not sufficient to answer	D) Both I and II are necessary to answer

Answer & Explanation Answer: D) Both I and II are necessary to answer

Explanation:

Given: T = 3 years.
I. gives: R = 8% p.a.
II. gives: S.I. = Rs. 1200.
Thus, P = Rs. 5000, R = 8% p.a. and T = 3 years.
Difference between C.I. and S.I. may be obtained.
So, the correct answer is (D).

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

0 8200

Q:

K is 50% faster than L. If L starts at 9 A.M. and K starts at 10 A.M. L travels at a speed of 50 km/hr. If L and K are 300 kms apart, The time when they meet when they travel in opposite direction is ?

A) 12 pm	B) 1 pm
C) 11 am	D) 11:30 am

Answer & Explanation Answer: A) 12 pm

Explanation:

let 't' be the time after which they met since L starts.

Given K is 50% faster than L

50 t + 1.5*50(t-1) = 300

50 t +75 t = 300 + 75

t = 375 / 125 = 3 hrs past the time that L starts

So they meet at (9 + 3)hrs = 12:00 noon.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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4 8198

Q:

A jar was full with honey. A person used to draw out 20% of the honey from the jar and replaced it with sugar solution. He has repeated the same process 4 times and thus there was only 512 gm of honey left in the jar, the rest part of the jar was filled with the sugar solution. The initial amount of honey in the jar was:

A) 1.25 kg	B) 1 kg
C) 1.5 kg	D) None of these

Answer & Explanation Answer: A) 1.25 kg

Explanation:

Let the initial amount of honey in the jar was k, then

$512 = k {(1 - \frac{1}{5})}^{4} o r 512 = k {(\frac{4}{5})}^{4}$

=> $k = \frac{512 \times 625}{256}$

=> k = 1250

Hence initially the honey in the jar = 1.25 kg

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Filed Under: Alligation or Mixture
Exam Prep: CAT , Bank Exams , AIEEE
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23 8184

Q:

The average age of Sita and Gita is 30 years. If Rita replaces Sita, then the average age will become 28 years and if Rita replaces Gita, then the average age will become 32 years. What are the respective ages (in years) of Sita, Gita and Rita?

A) 40, 44, 36	B) 44, 40, 36
C) 34, 26, 30	D) 30, 26, 34

Answer & Explanation Answer: C) 34, 26, 30

Explanation:

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

26 8182

Q:

Compound interest on a certain sum of money at 20% per annum for 2 years is Rs.5995. What is the SI on the same money at 8% per annum for 6 years ?

A) Rs. 5989	B) Rs. 6540
C) Rs. 7844	D) Rs. 6789

Answer & Explanation Answer: B) Rs. 6540

Explanation:

Given C.I = 5984, R = 20% , T = 2yrs

$C . I = P [(1 + {(\frac{20}{100})}^{2}) - 1]$

5984 = $C.I=P\left [ \left ( 1&amp;plus;\left ( \frac{20}{100}\right )^{2} \right )-1 \right ]$

=> P = (5995x25)/11

P = Rs. 13625

Now S.I = PTR/100

SI = (13625 x 8 x 6)/100 = Rs. 6540

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Filed Under: Compound Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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22 8170

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