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Q:

What will Rs.1500 amount to in three years if it is invested in 20% p.a. compound interest, interest being compounded annually?

A) Rs.2592 B) Rs.2492
C) Rs.2352 D) Rs.2352
 
Answer & Explanation Answer: A) Rs.2592

Explanation:

The usual way to find the compound interest is given by the formula A = .p(1+r/100)^n

In this formula,

A is the amount at the end of the period of investment

P is the principal that is invested

r is the rate of interest in % p.a

And n is the number of years for which the principal has been invested.

In this case, it would turn out to be A =1500(1+20/100)^3

= 2592.

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

9 26140
Q:

Without any stoppage, a person travels a certain distance at an average speed of 42 km/h, and with stoppages he covers the same distance at an average speed of 28 km/h. How many minutes per hour does he stop?

A) 15 minutes B) 20 minutes
C) 18 minutes D) 22 minutes
 
Answer & Explanation Answer: B) 20 minutes

Explanation:

Let the total distance to be covered is 84 kms.
Time taken to cover the distance without stoppage = 84/42 hrs = 2 hrs
Time taken to cover the distance with stoppage = 84/28 = 3 hrs.
Thus, he takes 60 minutes to cover the same distance with stoppage.
Therefore, in 1 hour he stops for 20 minutes.

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

27 26111
Q:

If a mirror is placed on the line MN, then which is the right image of the given figure?

 

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

Explanation:
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Filed Under: Image Analysis
Exam Prep: Bank Exams

1 26086
Q:

Find the number which is a prime number.

 

A) 39   B) 87  
C) 79   D) 93
 
Answer & Explanation Answer: C) 79  

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

0 26080
Q:

Which of the following terms follows the trend of the given list?

 

abaBABAB, AbabABAB, ABabaBAB, ABAbabAB, ABABabaB, _______________.

 

A) aBABABab B) ABABAbab
C) abaBABAB D) AbabABAB
 
Answer & Explanation Answer: B) ABABAbab

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

1 26077
Q:

With which sport is the term 'Freestyle' connected with?

 

A) Tennis B) Kho Kho
C) Kabaddi D) Swimming
 
Answer & Explanation Answer: D) Swimming

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

3 26071
Q:

Which one of the following Venn diagrams best illustrates the three classes.

Rhombus, Quadrilaterals, Polygons

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

Explanation:
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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

7 26059
Q:

Which of the following refers to a small, single-site network ?

A) LAN B) DSL
C) RAM D) USB
 
Answer & Explanation Answer: A) LAN

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

122 26056