Quantitative Aptitude - Arithmetic Ability Questions

Q:

Determine the nominal rate of interest if:
The periodic rate is 1.75% per quarter.

A) 7% B) 8%
C) 9% D) 10%
 
Answer & Explanation Answer: A) 7%

Explanation:

j=mi

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Q:

Find the time to double your investment at 6%

A) 10years B) 11years
C) 12years D) 13years
 
Answer & Explanation Answer: C) 12years

Explanation:

M=p(1+i)^n

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Filed Under: Compound Interest
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Q:

326-3-436-2-68-12=?

A) sqtr{3}-sqrt{2} B) sqtr{3}+sqrt{2}
C) 5sqrt{3} D) 1
 
Answer & Explanation Answer: C) 5sqrt{3}

Explanation:

Given Exp = 326-3×6+36+3-436-2×6+26+2-622-3

 

32(6+3)6-3-43(6+2)6-2+33-2×3+23+2

 

26+3-36+2+33+2

 

12+6-18-6+33+32

 

= 53 

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Q:

A text book of mathematics cost 2 Rs/- more than a text book of literature. If 5 literature books cost 38 Rs/- more than 3 mathematics books, what is the cost of each literature book?

A) 44 B) 22
C) 24 D) 11
 
Answer & Explanation Answer: B) 22

Explanation:

Let each literature text book cost be Rs. X

Then, cost of mathematics text book = Rs. (X + 2)

ATQ,

5X = 38 + 3(X + 2)

5X = 38 + 3X + 6

2X = 44

X = 22.

 

Therefore, cost of each literature text book = Rs. X = Rs. 22.

And that of masthematics = X + 2 = Rs. 24.

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Q:

A showroom on its anniversary gives a discount of 18% on marked price of bikes. Raghuram purchases a bike in Rs. 54,540. What is the marked price of bike?

A) Rs. 63548 B) Rs. 66512
C) Rs. 65000 D) Rs. 67857
 
Answer & Explanation Answer: B) Rs. 66512

Explanation:

The discount offered by showroom = 18%

Raghu purchased at Rs. 54540

Then,

The marked price is given by 

54540 x 100/82

=~ Rs. 66,512

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Filed Under: Percentage
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7 3840
Q:

A container contains 165 litres of milk. Some quantity of milk is taken out and half of that quantity of milk, water is added in the container. Now ratio of milk to water in the container becomes 5:3. What is the quantity of water added in it?

A) 40 litre B) 45 litre
C) 60 litre D) 30 litre
 
Answer & Explanation Answer: B) 45 litre

Explanation:

Let amount of milk removed = 2x litre
So, amount of water added = x litre
Now → (165 − 2x)/x = 5/3
x = 45 lit

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Q:

If there is a total of 104 weekly instalments and a third deposit, find: the total cost of the computer

A) 3932.55 B) 4932
C) 5932 D) 6932
 
Answer & Explanation Answer: A) 3932.55

Explanation:

Total cost = deposit + loan + interest
= 1231.67 + 2463.33 + 237.55
= $3932.55

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Filed Under: Simple Interest
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Q:

If cost price of an article is 75% of its selling price, then what will be the profit percentage?

A) 23.47 B) 25
C) 33.33 D) 20
 
Answer & Explanation Answer: C) 33.33

Explanation:
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Filed Under: Profit and Loss
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