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Q:

An amount of money was lent for 3 years. What will be the difference between the simple  and the compound interest earned on it at the same rate?
I. The rate of interest was 8 p.c.p.a.
II. The total amount of simple interest was Rs. 1200

A) I alone sufficient while II alone not sufficient to answer B) alone sufficient while I alone not sufficient to answer
C) Both I and II are not sufficient to answer D) Both I and II are necessary to answer
 
Answer & Explanation Answer: D) Both I and II are necessary to answer

Explanation:

Given: T = 3 years.
I. gives: R = 8% p.a.
II. gives: S.I. = Rs. 1200.
Thus, P = Rs. 5000, R = 8% p.a. and T = 3 years.
Difference between C.I. and S.I. may be obtained.
So, the correct answer is (D).

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

0 8125
Q:

Which of the following crop is known as Green Gold?

A) Coffee B) Neem
C) Tea D) Rice
 
Answer & Explanation Answer: C) Tea

Explanation:

Tea crop is known as Green Gold.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

11 8118
Q:

A jar was full with honey. A person used to draw out 20% of the honey from the jar and replaced it with sugar solution. He has repeated the same process 4 times and thus there was only 512 gm of honey left in the jar, the rest part of the jar was filled with the sugar solution. The initial amount of honey in the jar was:

A) 1.25 kg B) 1 kg
C) 1.5 kg D) None of these
 
Answer & Explanation Answer: A) 1.25 kg

Explanation:

Let the initial amount of honey in the jar was k, then

 

 512 = k1 - 154 or  512 = k454 

 => k = 512 × 625256 

=> k = 1250

 

 Hence initially the honey in the jar = 1.25 kg

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Filed Under: Alligation or Mixture
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

23 8117
Q:

Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?

A) Both are equally good B) 9 3/4% stock at 117
C) Cannot be compared, as the total amount of investment is not given D) 11% stock at 143
 
Answer & Explanation Answer: B) 9 3/4% stock at 117

Explanation:

Let investment in each case be Rs. (143 x 117).

 

Income in 1st case = Rs.11143 x 143 x 117 = Rs. 1287.
Income in 2nd case = Rs.394×117 x 143 x 117= Rs. 1394.25

 

Clearly, 9 3/4% stock at 117 is better.

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Filed Under: Stocks and Shares
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

12 8112
Q:

The area of a square is 49 mm. What is the length of each side?

A) 5mm B) 6mm
C) 7mm D) 8mm
 
Answer & Explanation Answer: C) 7mm

Explanation:

A=S2

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

1 8111
Q:

The average age of Sita and Gita is 30 years. If Rita replaces Sita, then the average age will become 28 years and if Rita replaces Gita, then the average age will become 32 years. What are the respective ages (in years) of Sita, Gita and Rita?

 

A) 40, 44, 36   B)  44, 40, 36  
C) 34, 26, 30   D) 30, 26, 34
 
Answer & Explanation Answer: C) 34, 26, 30  

Explanation:
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Filed Under: Problems on Ages
Exam Prep: Bank Exams

26 8107
Q:

Mango Cup is associated with which game?

A) Hockey B) Cricket
C) Foot ball D) Tennis
 
Answer & Explanation Answer: B) Cricket

Explanation:

Mango Cup is associated with Cricket game. The MANGO CUP is a Triangular Cricket limited overs tournament between the Manglorean CatholicAssociation of Sydney (MCAS), Australian Residents Anglo Indian Association (ARAIA) and GoanOverseas Association-NSW (GOA).

 

Hence, the tournament is named from both (Man) from Manglorean CatholicAssociation of Sydney and (go) from GoanOverseas Association-NSW.

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

20 8107
Q:

Merdeka cup is associated with

A) Badminton B) Tennis
C) Football D) Hockey
 
Answer & Explanation Answer: C) Football

Explanation:

Merdeka cup is associated with Football in Indonesia.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 8106