Quantitative Aptitude - Arithmetic Ability Questions

Q:

What least number must be substracted from 627349 so that the remaining number is divisible by 15 ?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:

On dividing 627349 by 15, we get remainder = 4.
Therefore, the obtained remainder is the least number to be subtracted from the given number so that the the mnumber is divisible by 15.
Here 4 is the least number to be subtracted from 627349 so that it is divisible by 15.

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Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:2.1

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:

i=j/m

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Q:

What is the value of 729+72.9+7.29

A) 30.5 B) 32.33
C) 35.6 D) 38.23
 
Answer & Explanation Answer: D) 38.23

Explanation:
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Q:

What lump sum deposited today would allow payments of $2000/year for 7 years at 5% compounded annually?

A) 11572.71 B) 11876
C) 189756 D) 11576
 
Answer & Explanation Answer: A) 11572.71

Explanation:

 

 

A=R[(1+i)^n-1]/i(1+i)^n

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Q:

By selling 90 pens for Rs 80 a man loses 20%. What should be the selling price (in Rs) of 90 pens for 20% profit?

A) 90 B) 100
C) 110 D) 120
 
Answer & Explanation Answer: D) 120

Explanation:
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Q:

In the given figure, PQRS is a square of side 8 cm. PQO = 60 deg. What is the area (in sq.cm) of the triangle POQ?

A) 32√3 B) 24[(√3) – 1]
C) 48[(√3) – 1] D) 16[3 – (√3)]
 
Answer & Explanation Answer: D) 16[3 – (√3)]

Explanation:
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Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 8.4

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:

m=j/i

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Filed Under: Compound Interest
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Q:

Given a principal of $12,000 with a compound amount of $17,631.94 and interest rate of 8% compounded anually,what is the time peroid in years?

A) 3years B) 4years
C) 5years D) 6years
 
Answer & Explanation Answer: C) 5years

Explanation:

M=P(1+i)^n

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