Exams


Q:

What is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and half-yearly?

A) Rs. 1.80 B) Rs. 2.04
C) Rs. 3.18 D) Rs. 4.15
 
Answer & Explanation Answer: B) Rs. 2.04

Explanation:

Compound Interest for 1 12 years when interest is compounded yearly = Rs.(5304 - 5000)


Amount after 112 years when interest is compounded half-yearly 


Compound Interest for 1 12 years when interest is compounded half-yearly = Rs.(5306.04 - 5000)


Difference in the compound interests = (5306.04 - 5000) - (5304 - 5000)= 5306.04 - 5304 = Rs. 2.04

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Filed Under: Compound Interest
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Q:

A woman fills a bucket in 6 minutes. 1845 buckets have to be filled from 8 am. to 9:30 am. How many woman employees should be employed for this task?

A) 111 B) 117
C) 123 D) 139
 
Answer & Explanation Answer: C) 123

Explanation:

We know that, M1 × D1W1 = M2 × D2W2

Here M1 = 1, D1 = 6 min, W1 = 1 and M2 = M, D2 = 90 min, W2 = 1845

 

1 × 61 = M × 901845 

=> M = 123

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Filed Under: Time and Work
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8 5127
Q:

A person walking 6/7 of his usual rate is 30 minutes late. What is his usual time ?

A) 2 hrs 50 min B) 3 hrs 25 min
C) 3 hrs D) 2 hrs 5 min
 
Answer & Explanation Answer: C) 3 hrs

Explanation:

Let t be the usual time. If the usual rate is 1 unit, then the unusual rate is 6/7.
Balance by the distance,
1 x t = (6/7)(t + 30)
7t = 6(t + 30)
we get t as,
t = 180 minutes = 3 hrs.

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Filed Under: Problems on Numbers
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2 5126
Q:

Kramer borrowed $4000 from George at an interest rate of 7% compounded semiannually. The loan is to be repaid by three payments. The first payment, $1000, is due two years after the date of the loan. The second and third payments are due three and five years, respectively, after the initial loan. Calculate the amounts of the second and third payments if the second payment is to be twice the size of the third payment.

A) 1389 B) 1359
C) 1379 D) 1339.33
 
Answer & Explanation Answer: D) 1339.33

Explanation:

Given:j=7% compounded semiannually making m=2 and i = j/m= 7%/2 = 3.5%
Let x represent the third payment. Then the second payment must be 2x.
PV1,PV2, andPV3 represent the present values of the first, second, and third payments.

Since the sum of the present values of all payments equals the original loan, then
PV1 + PV2  +PV3  =$4000 -------(1)

PV1   =FV/(1 + i)^n  =$1000/(1.035)^4=  $871.44

At first, we may be stumped as to how to proceed for
PV2 and PV3. Let’s think about the third payment of x dollars. We can compute the present value of just $1 from the x dollars

pv=1/(1.035)^10=0.7089188

PV2   =2x * 0.7089188 = 1.6270013x
PV3   =x * 0.7089188=0.7089188x
Now substitute these values into equation ➀ and solve for x.
$871.442 + 1.6270013x + 0.7089188x  =$4000

2.3359201x  =$3128.558

x=$1339.326
Kramer’s second payment will be 2($1339.326)  =$2678.65, and the third payment will be $1339.33

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Filed Under: Compound Interest
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0 5123
Q:

Which of the following is not transferred by alveoli?

A) Gases B) Oxygen
C) Blood D) Carbondioxide
 
Answer & Explanation Answer: C) Blood

Explanation:

The main function of the pulmonary alveoli is to perform the transfer and exchange of gases. Here in the given options, blood is only one which is not gas.

 

Hence, blood is not transferred by alveoli.

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Filed Under: General Science
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4 5123
Q:

The SQL SELECT statement is capable of

A) Projection B) Selection
C) Protection & Security D) Both A & B
 
Answer & Explanation Answer: D) Both A & B

Explanation:
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2 5123
Q:

Equal distance is covered by a boat in upstream and in downstream in total 5 hours. Sum of speed of a boat in upstream and downstream is 40 km/hr. Speed of boat in still water is 600%
more than the speed of stream. Find theapproximate distance covered by boat in downstream (in km).

A) 45 B) 50
C) 55 D) 60
 
Answer & Explanation Answer: B) 50

Explanation:

let speed of boat= X, speed of stream= Y
Upstream speed= X-Y
Downstream speed= X+Y
Sum of upstream & downstream= (X-Y) +(X+Y)= 2X
So, 2X= 40
X= 20 km/hr
Speed of boat : speed of stream= 600+100 :100= 7:1
So speed of Stream= 20/7 km/hr
ATQ, D/( X-Y) + D/( X+Y) = 5
D/(120/7) + D/(160/7)= 5
D= 480×5/49= 48.97 km= 50 Km(approx)

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Filed Under: Boats and Streams
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10 5123
Q:

A man travels 480 km in 4 hours, partly by air and partly by train. If he had travelled all the way by air, he would have saved 4/5 of the time he would have taken to travel by train and would have arrived at his destination 2 hours early. Find the distance he covered by travelling by train.

A) 80 km B) 120 km
C) 110 km D) 90 km
 
Answer & Explanation Answer: B) 120 km

Explanation:
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Filed Under: Time and Distance
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23 5120