Bank Exams Questions

Q:

An amount doubles itself in 15 years. what is the rate of interest ?

A) 7.85 % B) 9.41%
C) 6.66 % D) 4.21 %
 
Answer & Explanation Answer: C) 6.66 %

Explanation:

Let the principle be Rs. P
As the amount double itself the interest is Rs. P too
So P = P x r x 15/100
=> r = 100/15 = 20/3 % = 6.66 %.

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Filed Under: Simple Interest
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Q:

R enter into a partnership in the ratio 2 : 3 : 5 . After 2 months, P increases his share 20% and Q by 10%. If the total profit at the end of one year is Rs 1,90,500, what amount will 'R' receive at the end of year as share in profit ?

A) Rs. 90500 B) Rs. 87500
C) Rs. 88900 D) Rs. 90000
 
Answer & Explanation Answer: D) Rs. 90000

Explanation:

Ratio of investments for 1 year

=> (P : Q : R) = (2x2 + 2.4x10) : (3x2 + 3.3x10) : (5x12)

=> (P : Q : R) = 28 : 39 : 60

Now R share = 190500 x 60/127 = Rs. 90000.

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Filed Under: Partnership
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Q:

Four persons can cross a bridge in 3,7,13,17 minutes.Only two can cross at a time.Find the minimum time taken by the four to cross the bridge ?

A) 17 minutes B) 20 minutes
C) 34 minutes D) 12 minutes
 
Answer & Explanation Answer: B) 20 minutes

Explanation:

First send 17 and 7. After 7 minutes, 7 is at finish and 17 needs 10 more minutes to complete his travel. now send 13. After 10 minutes 17 reaches finish and 13 needs 3 more minutes to complete. now send 3. both 3 and 13 reach destination at the same time after 3 minutes. hence the time taken is 7+10+3=20 minutes.

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Filed Under: Logic
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15 10357
Q:

For which one of the following snakes is the diet mainly composed of other snakes ?

A) Rattlesnake B) King Cobra
C) Krait D) Russel's viper
 
Answer & Explanation Answer: B) King Cobra

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

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Q:

Solve the missing number puzzle?

missing-number-puzzle1558420078.jpg image

A) 9 B) 6
C) 5 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:

Let the value to be find be 'x'.

 
Sum of individual column value = 14

 
C1 = 7 + 2 + 1 + 4 = 14
C2 = 3 + 8 + 1 + 2 = 14
C3 = 6 + 5 + 2 + 1 = 14

 

C4 = 2 + 4 + 4 + x = 14

x = 14 - 10

x = 4

 

Hence, the missing number is '4'.

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Filed Under: Number Puzzles
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32 10348
Q:

Which of the following is a function of money?

 

A) medium of exchange B) store of value
C) unit of accounting D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

Explanation:
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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

How many days are there in k weeks k days ?

A) 8+k days B) 7+1k days
C) 8k days D) 7/k days
 
Answer & Explanation Answer: C) 8k days

Explanation:

As we know that a week has 7 days,

k weeks k days = (7k + k) days = 8k days.

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Filed Under: Calendar
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Q:

An item is sold at a loss of 10%. Had it sold for Rs. 9 more, a profit of 25/2% would have gained. What is the cost price of the item?

A) Rs. 90 B) Rs. 75
C) Rs. 55 D) Rs. 40
 
Answer & Explanation Answer: D) Rs. 40

Explanation:

Let the cost price of the item = Rs. 50

Sold at 10% loss => for Rs. 50 loss  S.P = Rs. 45

From the  given data,

25/2 % gain if it is sold at Rs. 9 more

56.25 - 45 = 9

=> 11.25 = 9

=> 22.5 = 18

=> 45 = 36

=> 50 = ?

=> C.P = 50 x 3645 = 40

 

Hence, the Cost price of the item = Rs. 40.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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