6500+ Quantitative Aptitude Questions and Answers With Explanation

Q:

On simple interest an amount becomes Rs. 812 in two years and Rs. 924 in four years. What is the rate of interest on that amount?

A) 7.2%	B) 8%
C) 8.5%	D) 9.3%

Answer & Explanation Answer: B) 8%

Explanation:

We know,

S.I = PTR/100 where P = principal amount, T = time, R = rate of interest

Here in the given data,

Interest for two years S.I = 924 - 812 = Rs. 112

Now, Principal amount P = 812 - 112 = Rs. 700

Now,

R = S.I x 100/PT

R = 112 x 100/700 x 2

R = 11200/1400

R = 8%

Hence, the rate of interest R = 8%.

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Filed Under: Simple Interest
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7 5260

Q:

The length of a rectangle is 10 cm more than the breadth. Find the diagonal length of rectangle if perimeter is 44 cm ?

A) 12.50 cm	B) 14.21 cm
C) 15.98 cm	D) 17.08 cm

Answer & Explanation Answer: D) 17.08 cm

Explanation:

Let the length of the rectangle = L cm

Then the breadth of the rectangle = (L - 10) cm

Perimeter of a rectangle = 2(L + B) cm

=> 44 = 2(L + L - 10)

=> 44 = 4L - 20

=> 4L = 64

=> L = 16 cm

=> B = L - 10 = 6 cm

Diagonal = $\sqrt{L^{2} + B^{2}}$ = $\sqrt{16^{2} + 6^{2}}$ = 17.08 cm

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Filed Under: Area
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

11 5255

Q:

$10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

A) 1710.29	B) 2710.29
C) 3710.29	D) 4710.29

Answer & Explanation Answer: C) 3710.29

Explanation:

i=j/m

n =m(Term) = 2(15.5) =31

Fair market value Present value of the face value

=FV(1+ i)^-n

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

4 5252

Q:

The value of $[\frac{1}{3} l o g_{10} (125) - 2 l o g_{10} (4) + l o g_{10} (32)] :$

A) 0	B) 1
C) 2	D) 4/5

Answer & Explanation Answer: B) 1

Explanation:

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Filed Under: Logarithms
Exam Prep: AIEEE , Bank Exams , CAT
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24 5252

Q:

$\sqrt{\frac{0.204 \times 42}{0.07 \times 3.4}}$ is equal to:

A) 1/6	B) 0.06
C) 0.6	D) 6

Answer & Explanation Answer: D) 6

Explanation:

$\sqrt{\frac{0.204 \times 42}{0.07 \times 3.4}} = \sqrt{\frac{8568}{238}} = \sqrt{36} = 6$

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Filed Under: Square Roots and Cube Roots

7 5240

Q:

The area of a square is equal to the area of a rectangle. The length of the rectangle is 5 cm more than a side of the square and its breadth is 3 cm less than the side of the square. What is the perimeter of the rectangle ?

A) 15 cm	B) 18 cm
C) 34 cm	D) 26 cm

Answer & Explanation Answer: C) 34 cm

Explanation:

Let the side of the square be 's' cm

length of rectangle = (s+5) cm

breadth of rectangle = (s-3)cm

(s+5) (s-3) =

$s^{2}$ - 5s - 3s - 15 = $s^{2}$

2s = 15

Perimeter of rectangle = 2(L+B) = 2(s+5 + s–3) = 2(2s + 2)

= 2(15 + 2) = 34 cm

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Filed Under: Area
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28 5237

Q:

A sapphire ring with a marked price of $1800 is offered to the purchaser on the following terms: $200 deposit and the balance to be paid over 24 equal monthly instalments with interest charged at 11.5% p.a. flat rate. Find the monthly repayments

A) $53	B) $42
C) $62	D) $82

Answer & Explanation Answer: D) $82

Explanation:

Total repayment amount = $1600 + $368
= $1968
= $82

regular payment= total amount/number of repayments

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

1 5234

Q:

The total age of A and B is 12 years more than the total age of B and C. C is how many years younger than A ?

A) 12	B) 13
C) 14	D) 15

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