Quantitative Aptitude - Arithmetic Ability Questions

Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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

0 3537
Q:

Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest

A) 5678 B) 4563
C) 4329 D) 6210.73
 
Answer & Explanation Answer: D) 6210.73

Explanation:

Bob receives 15-3 = 12 months of 3.5 % interest compounded daily

 

 

 

M=P(1+i/365)^365n

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0 3535
Q:

A man buys a trouser in Rs.1250. By reduction of 20% in the price of trouser, he can purchase a t-shirt also in the same amount that was initially paid for the trouser. Find the price of the t-shirt?

A) Rs. 250 B) Rs. 125
C) Rs. 225 D) Rs. 200
 
Answer & Explanation Answer: A) Rs. 250

Explanation:

Initial amount spent on trouser by the man = Rs. 1250

Now, by the reduction of 20% in 1250, he can buy t-shirt too.

=> t-shirt cost = 20% of 1250 = 20 x 1250/100 = 250

 

Therefore, the price of the t-shirt = Rs. 250.

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

7 3534
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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8 3532
Q:

If 30% of 40% of X is 240, then what is the value of X?

A) 441 B) 2000
C) 1200 D) 1800
 
Answer & Explanation Answer: B) 2000

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

8 3525
Q:

If 5th September 2008 was a Monday, what day of the week was 9th October 2008?

A) Saturday B) Friday
C) Sunday D) Monday
 
Answer & Explanation Answer: C) Sunday

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

21 3523
Q:

To travel 720 km, a Express train takes 6 hours more than Duronto. If however, the speed of the Express train is doubled, it takes 2 hours less than Duronto. The speed of Duronto (in km/hr) is?

A) 60 B) 72
C) 66 D) 78
 
Answer & Explanation Answer: B) 72

Explanation:
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Filed Under: Time and Distance
Exam Prep: Bank Exams

2 3523
Q:

The ratio of the members of blue to red balls in abag is constant. When there were 44 red balls, the number of blue balls was 36. If the number of blue balls is 54, how many red balls will be in the bag?

A) 68 B) 32
C) 64 D) 66
 
Answer & Explanation Answer: D) 66

Explanation:
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Filed Under: Permutations and Combinations
Exam Prep: Bank Exams

26 3519