4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

What annual payment will discharge a debt of Rs.7620 due in 3years at $16 \frac{2}{3}$ % per annum interest?

A) 5430	B) 4430
C) 3430	D) 2430

Answer & Explanation Answer: C) 3430

Explanation:

Let each installment be Rs.x. Then,

(P.W. of Rs.x due 1 year hence) + (P.W of Rs.x due 2 years hence) + (P.W of Rs. X due 3 years hence) = 7620.

$[\frac{x}{(1 + \frac{50}{3 x 100})}] + [\frac{x}{1 + {(\frac{50}{3 x 100})}^{2}}] + [\frac{x}{1 + {(\frac{50}{3 x 100})}^{3}}] = 7620$

$\frac{6 x}{7} + \frac{36 x}{49} + \frac{216 x}{343} = 7620$

$294 x + 252 x + 216 x = 7620 x 343$

=> x = 3430

Amount of each installment = Rs.3430

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

78 27418

Q:

In a mixture of milk and water the proportion of water by weight was 75%. If in 60 gm of mixture 15 gm water was added, what would be the percentage of water ? (Weight in gm)

A) 80%	B) 70%
C) 75%	D) 62%

Answer & Explanation Answer: A) 80%

Explanation:

Water in 60 gm mixture=60 x 75/100 = 45 gm. and Milk = 15 gm.

After adding 15 gm. of water in mixture, total water = 45 + 15 = 60 gm and weight of a mixture = 60 + 15 = 75 gm.

So % of water = 100 x 60/75 = 80%.

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

40 27412

Q:

Refer the below data and answer the following question.

What was the increase in the height of the child from 10th Birthday to 15th birthday?

A) 50 cm	B) 45 cm
C) 40 cm	D) 35 cm

Answer & Explanation Answer: C) 40 cm

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

1 27402

Q:

Variance of the data 2, 4, 5, 6, 8, 17 is 23.33. Then the variance of 4, 8, 10, 12, 16, 34 will be

A) 11.66	B) 46.66
C) 93.3333	D) 4.83

Answer & Explanation Answer: C) 93.3333

Explanation:

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Filed Under: Probability
Exam Prep: Bank Exams

5 27401

Q:

Refer the data and answer the question.

If the company has issued 6 lakh shares between its five partners and if Chinmay offers to sell 15000 of his shares to Ejaz, then Ejaz will have how many shares?

A) 300000 shares	B) 270000 shares
C) 285000 shares	D) 255000 shares

Answer & Explanation Answer: C) 285000 shares

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

0 27380

Q:

Read the staement and select a conclusion out of the given alternatives.

Statement :

Movies convince viewers that the likelihood of their becoming the victim of a violent crime is extremely high; at the same time by their very nature, movies persuade viewers to passively accept whatever happens to them.

A) Movies viewing promotes criminal behaviour	B) Movies viewers are most likely to be victimized than others
C) People should not watch movies	D) Movies promotes a feeling of helpless vulnerability in viewers

Answer & Explanation Answer: D) Movies promotes a feeling of helpless vulnerability in viewers

Explanation:

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

0 27378

Q:

What is the least number of squares tiles required to pave the floor of a room 15.17 m long and 9.02 m broad?

A) 814	B) 714
C) 614	D) 713

Answer & Explanation Answer: A) 814

Explanation:

Length of largest tile = H.C.F. of 1517 cm and 902 cm = 41 cm.

Area of each tile = $(41 \times 41) c m^{2}$

Required number of tiles = $\frac{1517 \times 902}{41 \times 41}$ = 814

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

26 27377

Q:

“Golden Land” is a popular sobriquet of which of the following country?

A) China	B) Bhutan
C) Myanmar	D) Sri Lanka

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