4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

A shopkeeper sold a mobile phone for Rs. 12000. Had he offered discount of 10% on the selling price, there would be a loss of 4%. What is the cost price of that Mobile phone?

A) Rs. 12,500	B) Rs. 11,250
C) Rs. 12,750	D) Rs. 11,680

Answer & Explanation Answer: B) Rs. 11,250

Explanation:

Given that SP = Rs. 12000 - 10% = Rs. 10,800

Loss% = 4

We know that, C.P = 100/(100 - Loss%) x 100

=> 100/100-4 x 10800

=> 1080000/96

C.P = Rs. 11,250

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 14171

Q:

The wing of a bat and the wing of a bird are the examples of ______ limbs.

A) Homogenous	B) Heterogeneous
C) Analogous	D) Homologous

Answer & Explanation Answer: C) Analogous

Explanation:

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Filed Under: Animals and Birds
Exam Prep: AIEEE , Bank Exams

12 14169

Q:

Codes consisting of bars or lines of varying widths or lengths that are computer readable are known as ____

A) An AsCII code	B) A magnetic tape
C) AN OCR scanner	D) A Bar code

Answer & Explanation Answer: D) A Bar code

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

46 14163

Q:

In every 60 minutes, the minute hand gains -------- minutes on the
hour hand

A) 53	B) 54
C) 55	D) 56

Answer & Explanation Answer: C) 55

Explanation:

point to be remembered

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

21 14157

Q:

A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, is:

A) 20%	B) 25%
C) 33.33%	D) 18%

Answer & Explanation Answer: B) 25%

Explanation:

When the water is freely available and all the water is sold at the price of the milk, then the water gives the profit on the cost of 20 litres of milk.

Since, the profit % = $\frac{P r o f i t}{C o s t P r i c e} x 100$

Therefore, profit percentage = $\frac{5}{20} x 100$ = 25%

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

44 14155

Q:

Time taken by P alone to finish a work is 50% more than the time taken by P and Q together. Q is thrice as efficient as R. If Q and R together can complete the work in 22.5 days, then how many days will P alone take to complete the work ?

A) 17 days	B) 11 days
C) 15 days	D) 16 days

Answer & Explanation Answer: C) 15 days

Explanation:

We know that Time is inversely proportional to Efficiency

Here given time ratio of P & P+Q as

P/P+Q = 150/100 = 3:2

Efficiency ratio of P & Q as

P:Q = 2:1 ....(1)

Given Efficiency ratio of Q & R as

Q:R = 3:1 ....(2)

From (1) & (2), we get

P:Q:R = 6:3:1

P alone can finish the work in

22.5(3+1)/6 = 15 days.

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Filed Under: Time and Work
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

18 14150

Q:

What is the rate of simple interest?
I. The total interest earned was Rs. 4000.
II. The sum was invested for 4 years.

A) I alone sufficient while II alone not sufficient to answer	B) II alone sufficient while I alone not sufficient to answer
C) Either I or II alone sufficient to answer	D) Both I and II are not sufficient to answer

Answer & Explanation Answer: D) Both I and II are not sufficient to answer

Explanation:

We know that, R = (100 x S.I) / (P x T)

Now I gives, S.I = Rs. 4000.

II gives, T = 4 years.

But, P is unknown. So, we cannot find R.

So, given data is insufficient to get R.

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

3 14143

Q:

Parties and the seats won by them are listed in the following table.

Based on the given data, the total number of candidates elected is

A) 534	B) 524
C) 535	D) 543

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