Bank Exams Questions

Q:

Determine the exact and ordinary simple interest on a 90-day loan of $8000 at 812 %

A) 150$ B) $160
C) $170 D) $180
 
Answer & Explanation Answer: C) $170

Explanation:

Exact interest, I= prt = $8000 × 0.085 × 90/365 = 167.67

 

Ordinary Interest, I= Prt = $8000 x 0.085 x 90/360 = 170

Report Error

View Answer Report Error Discuss

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

1 7161
Q:

The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned  ?

A) Rs. 11828.80 B) Rs. 19828.80
C) Rs. 9828.80 D) Rs. 19328.80
 
Answer & Explanation Answer: B) Rs. 19828.80

Explanation:

Let the sum be Rs. P
P{ 1+81002- 1 } = 2828.80

 

It is in the form of  a2-b2 = a+ba-b

 

P(8/100)(2 + 8/100) = 2828.80

 

P = 2828.80 / (0.08)(2.08)

 

= 1360/0.08 = 17000

 

Principal + Interest = Rs. 19828.80

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

12 7155
Q:

Look carefully at the sequence of symbols to find the pattern.

 

Which of the following will replace the (?) in the sequence?

 

A) D B) C
C) B D) A
 
Answer & Explanation Answer: B) C

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Pattern Completion
Exam Prep: Bank Exams

6 7155
Q:

Only if Sheela is happy, then she does not go to work.

A) Sheela is not happy and she goes to work. B) Sheela is happy and she does not go to work
C) Sheela is not happy and she does not go to work. D) Sheela is happy and she goes to work.
 
Answer & Explanation Answer: A) Sheela is not happy and she goes to work.

Explanation:

The event of "Sheela is not going to work" happens only when the event "Sheela is happy" happens. Also, if the event "Sheela is happy" does not happen, then the event "Sheela is not going to work" will not happen. In other words, if it is true that Sheela is not happy, then it means that Sheela is going to work.

Report Error

View Answer Report Error Discuss

21 7154
Q:

Rajeev's age is four more than the age of Shilpa. The age of Shilpa can be obtained by subtracting four times her age 4 years ago from the four times her age after 4 years. What was Rajeev's age before 4 years ?

A) 36 years B) 28 years
C) 32 years D) 40 years
 
Answer & Explanation Answer: C) 32 years

Explanation:

Let Shilpa's present age is p years

According to question,

p = 4(x+4) – 4(x–4)

p = 4x+16 – 4x+16

p = 32

Shilpa's present age = 32 years

Rajeev is four years older than Shilpa

=> Shilpa's present age = Rajeev's age 4 years before.

=> Rajeev's age 4 years before = 32 years.

Report Error

View Answer Report Error Discuss

Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 7151
Q:

The main constituent of biogas is

A) Butane B) Methane
C) Hydrogen Sulphide D) Carbondioxide
 
Answer & Explanation Answer: B) Methane

Explanation:

The main constituent of biogas is methane (55-70%), CO2 (30-45%) and some traces of gases such as H2S and ammonia.

Biogas is produced under anaerobic conditions; the process is denominated as anaerobic digestion.

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

4 7149
Q:

What is always coming but never arrives?

Answer

It is Tomorrow. It always be tomorrow which represents coming but never arrives.

Report Error

View answer Workspace Report Error Discuss

7 7144
Q:

Chola Empire was divided into ____

A) Mandalams, Nadu, Avanti & Kurram B) Mandalams, Nadu, Malkhand & Kurram
C) Avanti, Nadu, Malkhand & Kurram D) Mandalams, Nadu,Kurram & Valanadu
 
Answer & Explanation Answer: D) Mandalams, Nadu,Kurram & Valanadu

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

26 7142