Quantitative Aptitude - Arithmetic Ability Questions

Q:

The B.G. on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth?

A) Rs. 4500 B) Rs. 6000
C) Rs. 5000 D) Rs. 4000
 
Answer & Explanation Answer: C) Rs. 5000

Explanation:

T = 4 years

R = 5%

Banker's Gain, BG = Rs.200

 

TD= BG×100TR=200×1004×5=Rs.1000

 

 TD=PW×BG

 

1000=PW×200

 

=>PW = Rs.5000

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Filed Under: Banker's Discount

3 4776
Q:

Find the lowest common multiple of 24, 36 and 40?

A) 360 B) 420
C) 240 D) 120
 
Answer & Explanation Answer: A) 360

Explanation:

To find the LCM of 24, 36 and 40

24 = 2 x 2 x 2 x 3

36 = 2 x 2 x 3 x 3

40 = 2 x 2 x 2 x 5 

Now, LCM of 24, 36 and 40 = 2 x 2 x 2 x 3 x 3 x 5

= 8 x 9 x 5

= 72 x 5

= 360

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

19 4768
Q:

If rupee two produces rupees eleven over a period of 30 years, find the rate of simple interest ?

A) 17.25 % B) 18.14 %
C) 18.33 % D) 17.35 %
 
Answer & Explanation Answer: C) 18.33 %

Explanation:

We know that I = PTR/100

11 = (2x30xR)/100

R = 18.333 %

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

3 4767
Q:

Equal distance is covered by a boat in upstream and in downstream in total 5 hours. Sum of speed of a boat in upstream and downstream is 40 km/hr. Speed of boat in still water is 600%
more than the speed of stream. Find theapproximate distance covered by boat in downstream (in km).

A) 45 B) 50
C) 55 D) 60
 
Answer & Explanation Answer: B) 50

Explanation:

let speed of boat= X, speed of stream= Y
Upstream speed= X-Y
Downstream speed= X+Y
Sum of upstream & downstream= (X-Y) +(X+Y)= 2X
So, 2X= 40
X= 20 km/hr
Speed of boat : speed of stream= 600+100 :100= 7:1
So speed of Stream= 20/7 km/hr
ATQ, D/( X-Y) + D/( X+Y) = 5
D/(120/7) + D/(160/7)= 5
D= 480×5/49= 48.97 km= 50 Km(approx)

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Filed Under: Boats and Streams
Exam Prep: Bank Exams , GATE

10 4765
Q:

Simple interest on a certain sum at 7% per annum for 4 years is Rs. 2415. What will be the compound interest on the same principal at 4% per annum in two years?

A) Rs. 704 B) Rs. 854
C) Rs. 893 D) Rs. 914
 
Answer & Explanation Answer: A) Rs. 704

Explanation:

We know that,

S.I. = PTR100 P = S.I x 100T x RAnd also,C.I = P1 + R100n- 1

From given data, P = Rs. 8625

Now, C.I  = 86251+41002-1= 862526252-1= 8625676625-1= 8625 x 51625C.I = Rs. 703.80

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

11 4758
Q:

Jan invested $210 with a building society in a fixed deposit account that paid 8% p.a. simple interest for 18 months. How much did she receive after the 18 months?

A) 434 B) 345
C) 235.20 D) 233.20
 
Answer & Explanation Answer: C) 235.20

Explanation:

I = (p x r x t)/100

I = $25.20

A = P+I

A = 235.20

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

2 4756
Q:

Manideep purchases 30kg of barley at the rate of 11.50/kg and 20kg at the rate of 14.25/kg. He mixed the two and sold the mixture in the shop. At what price per kg should he sell the mixture to make 30% profit to him ?

A) 15.84 B) 14.92
C) 13.98 D) 16.38
 
Answer & Explanation Answer: D) 16.38

Explanation:

Given, Manideep purchases 30kg of barley at the rate of 11.50/kg nad 20kg at the rate of 14.25/kg.

Total cost of the mixture of barley = (30 x 11.50) + (20 x 14.25)

=> Total cost of the mixture = Rs. 630

Total kgs of the mixture = 30 + 20 = 50kg

Cost of mixture/kg = 630/50 = 12.6/kg

To make 30% of profit

=> Selling price for manideep = 12.6 + 30% x 12.6

=> Selling price for manideep = 12.6 + 3.78 = 16.38/kg.

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Filed Under: Alligation or Mixture
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

11 4752
Q:

If J is the interest on K and K is the interest on L, the rate and time is the same on both the cases. What is the relation between J, K and L  ?

A) J x J = KL B) K x K= JL
C) L x L = JK D) JKL = 1
 
Answer & Explanation Answer: B) K x K= JL

Explanation:

Let the Time be 'N' and Rate be 'R' 

J = (K x NR)/100 K = (L x NR)/100 

J/K = NR/100 K/L = NR/100 

J/K = K/L 

K x K = JL

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Filed Under: Simple Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

8 4752