Bank Exams Questions

Q:

The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

A) 8 B) 10
C) 12 D) 14
 
Answer & Explanation Answer: A) 8

Explanation:

[15000*(1+r/100)2-15000]-(15000*r*2)/100=96

Rate=8%

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

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Q:

IP address of a packet is normally analyzed by

A) Modem B) Router
C) Hub D) CPU
 
Answer & Explanation Answer: B) Router

Explanation:

The IP address of a packet is normally analyzed by Router.

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Q:

What color is a giraffe's tongue?

A) Purple B) Brown
C) Black D) Yellow
 
Answer & Explanation Answer: A) Purple

Explanation:

The color of giraffe's tongue is purple or bluish to prevent it from sunburn as it lives in tropical regions.

what_color_is_a_giraffes_tongue1545024284.JPG image

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Filed Under: Animals and Birds
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The difference between Simple Interest and Compound Interest at the rate of 12% on the same amount for 3 years is Rs. 112.32. What is the principal amount if interest is compounded annually?

A) Rs. 25000 B) Rs. 2500
C) Rs. 50000 D) Rs. 5000
 
Answer & Explanation Answer: B) Rs. 2500

Explanation:

Let the principal amount be Rs. x
Calculating SI:
SI for 1 year at 12% rate is Rs (12/100)*x. For 3 years it will be Rs (36/100)*x ------ (1)
Calculating CI:
For 1st year, Interest = (12/100)*x
For 2nd year, interest = (12/100)*x + (12/100)*x + (144/10000)*x
For 3rd year, interest = (12/100)*x + (12/100)*x + (12/100)*x + (144/10000)*x + (144/10000)*x + (1728/1000000)*x. ------ (2)
Subtracting equation 2 and 1 and solving further,
312*144*x/1000000 = 112.32
X = Rs 2500.
Alternative way: Using formula for Difference
between CI and SI for 3 years

we can also use the above formula to find the value of P.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , GATE

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Q:

Which one of the following ports is located on estuary?

A) Kandala B) Marmagao
C) Kolkata-Haldia D) Tuticorin
 
Answer & Explanation Answer: B) Marmagao

Explanation:

Kandla is Tidal port, Kolkata Haldia is  a  riverine  port,  Tuticorin  is  a river  port,  Marmagao  is  in  Goa,  is situated   on   estuary   on   eastern coast of India. Delta formation and estuary    formation    take    place mostly  on  western  coast  and  Goa is in western coast. 

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

An investment bond is offered to the public at 9% p.a. Louise buys a bond worth $2000 that will mature in 2 years. How much in total will Louise receive at the end of the 2 years?

A) 3360 B) 2360
C) 4360 D) 5360
 
Answer & Explanation Answer: B) 2360

Explanation:

I = (P x r x t)/100

I = $360

A = P+I

A = 2360

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Filed Under: Simple Interest
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Q:

If length of a rectangle is decreased by 6 cm we get a square and the area of square formed is 252 cm2 less than the area of square formed when breadth of the original rectangle is increased by 6 cm. Find the perimeter of the rectangle.

A) 66 cm B) 88 cm
C) 80 cm D) 72 cm
 
Answer & Explanation Answer:

Explanation:

Let length and breadth of rectangle be L cm
and B cm respectively So, ATQ
Area1= (L-6)×B
But this is square, so L-6=B
Area1= (L-6) × (L-6)
Case 2, Area2= L × (B+6),
L=B+6
So, Area2= L × L,
Given, Area2-Area1= 252(L)2-(L-6)2=252
Solving this, L= 24
B= 18
Perimeter= 2(L+B)= 2(24+18)= 84 cm

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Q:

How many lines of symmetry does a Pentagon have?

A) 4 B) 5
C) 6 D) 0
 
Answer & Explanation Answer: B) 5

Explanation:

A regular Pentagon have 5 sides and 5 lines of symmetry. 

  • The number of lines of symmetry in a regular polygon is equal to the number of sides.
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Filed Under: Analytical Reasoning
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