Quantitative Aptitude - Arithmetic Ability Questions

Q:

Townbank offers a term deposit account paying investors 12.5% p.a. simple interest on investments over $100 000 for 2 years or more. Peta decides to invest $150 000 in this account for 2 years. How much interest will Peta earn at the end of the investment?

A) 57500 B) 47500
C) 37500 D) 67500
 
Answer & Explanation Answer: C) 37500

Explanation:

I = (p x t x r)/100

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

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Q:

loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months

A) 13615.52 B) 14615.52
C) 15615.52 D) 16615.52
 
Answer & Explanation Answer: C) 15615.52

Explanation:

I = prt = [15000 × 0.07 × (214/365) ]=615.52

Future value, S = P + I = $15 000 + $615.52 = $15 615.52

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

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Q:

The ages of Sunil and Anil are in the ratio 8:7, after 6 years, the ratio of their ages will be 19 : 17. What is the difference in their present ages?

A) 10 years B) 6 years
C) 8 years D) 4 years
 
Answer & Explanation Answer: D) 4 years

Explanation:

suppose the ages of Sunil and Anil are 8x yr and 7x yr, respectively.
After 6 yr, = 136x + 102 = 133x + 114
136x – 133x = 114 – 102
3x = 12 X = 12/3 = 4
Age of Sunil = 8x = 8 × 4 = 32 yr
Present age Anil = 7x = 7 × 4 = 28 yr
Required difference = (32 – 28) = 4 yr

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

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Q:

64/12 in simplest form?

A) 19/6 B) 32/4
C) 16/3 D) None of the above
 
Answer & Explanation Answer: C) 16/3

Explanation:

64/12 = 16/3 in simplest form.

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

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Q:

In a test, 14% of the students failed in Maths and 22% failed in Hindi. If 18% of the students failed in both the subjects, then the percentage of students who passed in both the subjects is

A) 46 B) 44
C) 42 D) 40
 
Answer & Explanation Answer: A) 46

Explanation:

Let the number of students = 100

Number of students who failed in one or more subjects = 14 + 22 + 18 = 54%

The percentage of students who passed in both the subjects = 100 - 54 = 46%.

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

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Q:

Sanjay's test marks in two subjects, English and Hindi are in the ratio 7 : 11. If he got 20 marks more in Hindi than in English, what are his marks in English?

A) 35 B) 55
C) 45 D) 65
 
Answer & Explanation Answer: A) 35

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

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Q:

1 bottle of honey costs Rs 240 but a pack of 4 of the same bottles costs Rs 768. What is the effective discount (in %) on the pack?

A) 16 B) 25
C) 10 D) 20
 
Answer & Explanation Answer: D) 20

Explanation:
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Filed Under: Percentage
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Q:

In a class, there are 15 boys and 10 girls. Three students are selected at random. The probability that 1 girl and 2 boys are selected, is:

A) 21/46 B) 1/5
C) 3/25 D) 1/50
 
Answer & Explanation Answer: A) 21/46

Explanation:

Let S be the sample space and E be the event of selecting 1 girl and 2 boys.

 

Then, n(S) = Number ways of selecting 3 students out of 25

 

                = 25C3  = 2300.

 

         n(E)= 10C1*15C2 = 1050. 

 

P(E) = n(E)/n(s) = 1050/2300 = 21/46

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Filed Under: Probability

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