Sawaal

 Quantitative Aptitude - Arithmetic Ability Questions

Popular Latest Rated
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

Report Error

View Answer Report Error Discuss

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

0 3627
Q:

The true discount on Rs.1600 due to after a certain of 5% per annum is Rs.160. The time after which it is due is

A) 27months B) 23months
C) 20months D) 12months
 
Answer & Explanation Answer: A) 27months

Explanation:

P.W. = Rs. (1600 - 160) = Rs. 1440
∴ S.I. on Rs.1440 at 5% is Rs. 160.
∴ Time = [100 * 160 / 1440 * 5] = 20/9 years = [20/9 * 12] months = 27 months.

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

0 3626
Q:

Three  cars A, B and C  started  from  a  point at 5  pm, 6  pm  and 7  pm respectively and travelled at uniform speeds of 60 km/hr, 80 km/hr and x km/hr respectively in the same direction. If all the three met at another point at the same instant during their journey, then what is the value of x?

A) 120 B) 110
C) 105 D) 100
 
Answer & Explanation Answer: A) 120

Explanation:

Distance covered by A till 6pm = 60 km

Distance covered by A till 7 pm = 120 km

Time taken by B to catch A = 60/(80-60 ) = 3 hrs

So A and B will meet at 6pm + 3 hrs = 9pm

Since we know that all three met at the same time

The time taken by C to cover 120 km

difference will be  = 9pm –7pm = 2hrs

Therefore,(x –60 )*2 = 120x = 120 km/hr

Report Error

View Answer Report Error Discuss

Filed Under: Time and Distance
Exam Prep: Bank Exams

0 3624
Q:

Advik's birthday is on Monday 19th June. On what day of the week will be Nishith's Birthday in the same year if Nishith was born on 17th November?

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Calendar
Exam Prep: Bank Exams

8 3623
Q:

Sharon Stone deposits $500 at the beginning of each 3 months in an account earning 10% compounded quarterly. Determine how much money she has after 25 years

A) 22681.19 B) 23456
C) 44577 D) 25685
 
Answer & Explanation Answer: A) 22681.19

Explanation:

 

 

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

Report Error

View Answer Report Error Discuss

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

0 3623
Q:

21% of 500 + 31% of 1100 - 30% of 790 = ? 

A) 209 B) 290
C) 309 D) 390
 
Answer & Explanation Answer: A) 209

Explanation:

Given 21% of 500 + 31% of 1100 - 30% of 790 = ?

 

? = 21 x 5 + 31 x 11 - 3 x 79

? = 105 + 341 - 237

? = 446 - 237

? = 209.

 

Report Error

View Answer Report Error Discuss

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

4 3621
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:
Report Error

View Answer Report Error Discuss

Filed Under: Calendar
Exam Prep: Bank Exams

21 3621
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

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

0 3618