Quantitative Aptitude - Arithmetic Ability Questions

Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 4.2

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

Explanation:

i=j/m

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

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Q:

Shivam Industries installed a flour mill for Rs. 300,000 five years ago. If the fixed annual rate of depreciation is 5% and they sold the mill for Rs. 250,000 their gain/loss % is?

 

 

A) No gain - No loss B) Loss 10%
C) Gain 12.5% D) Gain 10%
 
Answer & Explanation Answer: D) Gain 10%

Explanation:

Given that mill worth originally =3ooooo

Depreciation for 1 yr =300000x5/100= Rs. 15000

Then, depreciation for 5yrs = Rs. 75000

Value after 5yrs = 300000 - 75000 = Rs. 225000

Given Selling Price of the mill = Rs. 250000

Sp > CP

Gain = 250000 - 225000 = Rs. 25000

Gain% = 25000/250000 x 100 = 10%.

 

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

If a stall sells a pizza at Rs 200 he makes 20% loss if he wants to make 10% profit then at what price (in Rs) should he sell?

A) 250 B) 300
C) 275 D) 325
 
Answer & Explanation Answer: C) 275

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

What day would it be on 15th March 2020?

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

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

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Q:

Which of the following pair of numbers is the solution of the equation 3x+2+ 3x= 10 ?

A) 0, 2   B) 0, -2
C) 1, -1 D) 1, 2
 
Answer & Explanation Answer: B) 0, -2

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

What is the fourth proportional to 336, 288 and 161?

A) 184 B) 115
C) 138 D) 134
 
Answer & Explanation Answer: C) 138

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

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Q:

Concept of Nehative Work

A tub can be filed in 20 minutes but there is a lekage in it which can empty the full tub in 60 minutes. In how many minutes it can be filled?

Answer

Filling efficiency = 5%        


Emptying efficiency = 1.66%  


Net efficiency = 5-1.66 = 3.33%


Therefore, Required time to fil the tub =100/3.33= 30 minutes

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Subject: Time and Work

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Q:

7 hrs after a goods train passed a station, another train travelling at a speed of 54 km/hr following that goods train passed through that station. If after passing the station the train overtakes the goods train in 11 hours. What is the speed of the goods train?

A) 39.6 km/hr B) 49.5 km/hr
C) 33 km/hr D) 26.4 km/hr
 
Answer & Explanation Answer: C) 33 km/hr

Explanation:
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Filed Under: Problems on Trains

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