Exams


Q:

The average age of a class is 19 years. While the average age of girls is 18 and that of boys is 21. If the number of girls in the class is 16, Find the number of Boys in the class?

A) 12 B) 10
C) 8 D) 6
 
Answer & Explanation Answer: C) 8

Explanation:

Let the number of boys = x

From the given data,

=> [21x + 16(18)]/(x+16) = 19

=> 21x - 19x = 19(16) - 16(18)

=> 2x = 16

=> x = 8

Therefore, the number of boys in the class = 8.

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Filed Under: Average
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Q:

Study the following table and answer the questions based on it.

 

Following table gives the expenditures of a company (in lakh rupees) per annum over the given years.

 

 

The total expenditure of the company over the items during the year 2001 is

 

A) Rs. 590 lakhs B) Rs. 598 lakhs
C) Rs. 597 lakhs   D) Rs. 597.08 lakhs
 
Answer & Explanation Answer: D) Rs. 597.08 lakhs

Explanation:
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Filed Under: Table Charts
Exam Prep: Bank Exams

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Q:

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is

A) 6.06% B) 6.07%
C) 6.08% D) 6.09%
 
Answer & Explanation Answer: D) 6.09%

Explanation:

Amount of Rs. 100 for 1 year

when compounded half-yearly = Rs.[100*(1+3/100)^2]=Rs.106.09

Effective rate=(106.09-100)%=6.09%

 

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10 13243
Q:

An exhibition was conducted for 4 weeks. The number of tickets sold in 2nd workweek was increased by 20% and increased by 16% in the 3rd workweek but decreased by 20% in the 4th workweek. Find the number of tickets sold in the beginning, if 1392 tickets were sold in the last week ?

A) 1124 B) 1420
C) 1345 D) 1250
 
Answer & Explanation Answer: D) 1250

Explanation:

Let initially 'X' ticket has been sold.
So now in 2nd week 20% increases, so
=> X x 120/100
In 3rd week 16% increases, so
=> X x (120/100) x (116/100)
In 4th week 20% decrease, so
=> X x (120/100) x (116/100) x (80/100) = 1392
X = 1250.

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Filed Under: Percentage
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6 13241
Q:

A women goes to market with Rs.500 to buy oranges.the prices of the oranges have decreased by 10% so he could buy 2kg more with the amount she had.What was the original price of the oranges ?

A) 22.77 B) 25.77
C) 27.77 D) 29.77
 
Answer & Explanation Answer: C) 27.77

Explanation:

If the price of the oranges decreases by 10%, the woman would save 10% of the money that is Rs.50 to buy the same amount as before.Now in Rs. 50 she can buy 2 kg more, therefore the current price of 1 kg of oranges is Rs25.Now, this current price is after 10% reduction.

 

 

 

Therefore, the original price =  25/0.9  = Rs. 27.77

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Filed Under: Profit and Loss
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Q:

Consider the following information and answer the questions based on it

 

Out of 50 kids in a colony, 10 like only basketball, 25 like only football, 10 like both volleyball and football and 5 like only volleyball.

 

How many kids do not like volleyball?

A) 15 B) 25
C) 35 D) 45
 
Answer & Explanation Answer: C) 35

Explanation:
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Exam Prep: Bank Exams

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Q:

An automobile financier claims to be lending money at S.I., but he includes the interest every six months for calculating the principal. If he is charging an interest of 8%, the effective rate of interest becomes ?

A) 10.25 % B) 8.16 %
C) 9.63 % D) 0.16 %
 
Answer & Explanation Answer: B) 8.16 %

Explanation:

Let the sum be Rs. 100. Then,
S.I. for first 6 months = (100 x 8 x 1) / (100 x 2) = Rs. 4
S.I. for last 6 months = (104 x 8 x 1) / (100 x 2) = Rs. 4.16
So, amount at the end of 1 year = (100 + 4 + 4.16) = Rs. 108.16
Effective rate = (108.16 - 100) = 8.16%.

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4 13227
Q:

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

A) 10000 and 15000 B) 15000 and 10000
C) 5000 and 20000 D) 20000 and 5000
 
Answer & Explanation Answer: A) 10000 and 15000

Explanation:

As both A and B invest the same amounts, the ratio of their profits at the end of the year is equal to the ratio of the time periods for which they have invested.

 

Thus, the required ratio of their profits = A : B = 8 : 12 = 2 : 3.

 

Hence, share of A in the total profit = 2 x 25000/5 = Rs.10000

 

Similarly, share of B in the total profit = 3 x 25000/5 = Rs.15000

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Filed Under: Partnership
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