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 Quantitative Aptitude - Arithmetic Ability Questions

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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 4890
Q:

A lady took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 5400 interest only for the period. The principal amount borrowed by her was :

A) Rs. 15,000 B) Rs. 1,50,000
C) Rs. 1500 D) Rs. 1,62,000
 
Answer & Explanation Answer: A) Rs. 15,000

Explanation:

Principal = Rs.(100 x 5400)/(12 x 3)= Rs. 15000.

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

3 4890
Q:

Jaclyn buys $50 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the amount of interest Jaclyn will earn for each quarter

A) 1187.50 B) 1234
C) 1289 D) 1345
 
Answer & Explanation Answer: A) 1187.50

Explanation:

I=(p x r x t)/100

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

0 4887
Q:

What periodic payment will an investor receive from a $9000, four-year, monthly payment GIC earning a nominal rate of 5.25% compounded monthly?

A) 29.38 B) 39.38
C) 49.38 D) 59.38
 
Answer & Explanation Answer: B) 39.38

Explanation:

i=j/m

The monthly payment will be=PV*I

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

0 4884
Q:

Of three positive numbers, the ratio of the first and second numbers is 3:4 & that of the second and third numbers is 5:6. The product of the second and third numbers is 4320. What is the sum of three numbers?

A) 167 B) 177
C) 187 D) 197
 
Answer & Explanation Answer: B) 177

Explanation:

Let the second & third numbers are 2x & 3x respectively.
ATQ,
5x*6x = 4320
30*x*x = 4320
x*x = 144
x=12
Hence, second number = 5x = 5*12 = 60
Third number = 6x = 6*12 = 72
Ratio of first & second number = ¾
Hence, first number = ( ¾)*60 = 45
Sum of these 3 numbers = 60+72+45 = 177

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

5 4883
Q:

Manisha went to shop with certain amount, with which she can buy 50 Chacobar or 40 Fivestar. She uses 10% amount for petrol and out of the remaining balance, she purchases 20 Fivestar and some Chacobar. Find the number of Chacobar she can buy?

A) 20 B) 24
C) 26 D) 28
 
Answer & Explanation Answer: A) 20

Explanation:

Let the total amount be 200 {L.C.M of 40 and 50}

Chacobar C.P. = 200/50 = 4

Fivestar C.P = 200/40 = 5

Remaining Money after petrol = [200 - 200×10%] = 180

Remaining money after buying fivestars = [180 - 20×5] = 80

So number of Chacobar she can buy = 80/4 = 20

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

17 4880
Q:

On selling 17 balls at Rs.720 there is a loss equal to the cost price of 5 balls. Then what is the cost price of a ball is ?

Answer

From given data,


(C.P. of 17 balls) - (S.P. of 17 balls) = (C.P. of 5 balls)


C.P. of 12 balls = S.P. of 17 balls = Rs.720.


Hence, C.P. of 1 ball = Rs.720/12 = Rs. 60.

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Subject: Profit and Loss Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

11 4879
Q:

Find the number of ways to take 4 people and place them in groups of 3 at a time where order does not matter?

A) 4 B) 12
C) 36 D) 16
 
Answer & Explanation Answer: A) 4

Explanation:

Since order does not matter, use the combination formula 

C34 = 24/6 = 4

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Filed Under: Permutations and Combinations

1 4878