Exams


Q:

A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year

A) Rs.5624.32 B) Rs.5423
C) Rs.5634 D) Rs.5976
 
Answer & Explanation Answer: A) Rs.5624.32

Explanation:

 

 

 

5% is the rate of interest. 20% of the interest amount is paid as tax.

 

i.e  80% of the interest amount stays back.

 

 if we compute the rate of interest as 80% of 5% = 4% p.a., we will get the same value.

  

The interest accrued for 3 years in compound interest = 3 x simple interest on principal + 3 x interest on simple interest + 1 x interest on interest on interest.

 

= 3 x (200) + 3 x (8) + 1 x 0.32 =600 + 24 + 0.32 = 624.32

 

 

 

The amount at the end of 3 years = 5000 + 624.32 = 5624.32

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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Q:

Which of the statements given below are correct?

 

A) Valentino Rossi won the Motorcycle race 2017 Dutch TT MotoGP.

B) Germany hosted the 2017 AIBA World Boxing Championships.

C) In 2017 Pro Kabaddi League, Surjeet Singh played for Bengal Warriors.

 

A) Only C B) Both A and C
C) A, B and C D) None of these
 
Answer & Explanation Answer: C) A, B and C

Explanation:
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Q:

How many triangles are present in the below figure?

 

A) 15 B) 14
C) 12 D) 13
 
Answer & Explanation Answer: B) 14

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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Q:

Who of the following is NOT related to ghazal singing?

 

A) Begum Akhtar   B) Malika Pukhraj  
C) Penaz Masani   D) Haribhai Varadkar  
 
Answer & Explanation Answer: D) Haribhai Varadkar  

Explanation:
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Filed Under: Famous Personalities
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Q:

Rs. 5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.

A) 3567 B) 3452
C) 3087 D) 3544
 
Answer & Explanation Answer: C) 3087

Explanation:

Shyam's share * (1+0.05)9 = Ram's share * (1 + 0.05)11

Shyam's share / Ram's share = (1 + 0.05)11 / (1+ 0.05)9 = (1+ 0.05)2 = 441/400

Therefore Shyam's share = (441/841) * 5887 = 3087

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Q:

The difference between two parallel sides of a trapezium is 4 cm. perpendicular distance between them is 19 cm. If the area of the trapezium is 475 find the lengths of the parallel sides.

A) 27 and 23 B) 24 and 23
C) 25 and 23 D) 22 and 23
 
Answer & Explanation Answer: A) 27 and 23

Explanation:

Let the two parallel sides of the trapezium be a cm and b cm. 

Then, a - b = 4 

And, 12×a+b×19=475=>a+b=50 

Solving (i) and (ii), we get: a = 27, b = 23. 

So, the two parallel sides are 27 cm and 23 cm.

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Q:

Read the following question and decide which of the given statements is/are sufficient.

 

What is the total number of illegal immigrants?

 

Statements :

 

1. 30% of the total illegal immigrants are from Bangladesh.

2. Remaining are from India.

 

A) 1 alone is sufficient while 2 alone is not sufficient to answer the question B) Both 1 and 2 together are sufficient to answer the question
C) Neither 1 nor 2 is sufficient to answer the question D) 2 alone is sufficient while 1 alone is not sufficient to answer the question
 
Answer & Explanation Answer: C) Neither 1 nor 2 is sufficient to answer the question

Explanation:
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Filed Under: Statement and Conclusions
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Q:

Three persons A, B and C are standing in a queue. There are five persons between A and B and eight persons between B and C. If there be three persons ahead of C and 21 persons behind A, what could be the minimum number of persons in the queue?

A) 41 B) 40
C) 28 D) 27
 
Answer & Explanation Answer: C) 28

Explanation:

Three persons A, B, C can be arranged in a queue in six different ways, ie ABC, CBA, BAC, CAB, BCA, ACB. But since there are only 3 persons ahead of C, so C should be in front of the queue. Thus, there are only two possible arrangements, ie CBA and CAB.

 

We may consider the two cases as under:

Case I:  3C8B5A21

 

Clearly, number of persons in the queue = (3+1+8+1+5+1+21=) 40

 

Case II:  3C A5B

 

Number of persons between A and C                  

 

= (8 - 6) = 2   

[C8B A21B]

 

Clearly number of persons in the queue = (3+1+2+1+21) = 28

 

Now, 28 < 40. So, 28 is the minimum number of persons in the queue.                                                     

 

 

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