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Bank Exams Questions

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Q:

In what time a debt of Rs.7920 due may be cleared by immediate cash down payment of Rs.3600 at 1/2% per month

A) 10years B) 20years
C) 30years D) 40years
 
Answer & Explanation Answer: B) 20years

Explanation:

PW = 100×Amount100+R×T

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Filed Under: True Discount
Exam Prep: Bank Exams
Job Role: Bank PO

6 5994
Q:

Akhil after travelling 50 km meets Raju who suggests him to go slower. He then proceeds at ¾ of his former speed and arrives at his destination 35 minutes late. Had the meeting occurred 24 km further Akhil would have reached its destination 25 minutes late. What is the initial speed of Akhil?

 

A) 48 kmph B) 36 kmph
C) 24 kmph D) 20 kmph
 
Answer & Explanation Answer: A) 48 kmph

Explanation:

Let the initial speed of Akhil be '4p' kmph

Then speed after decrease in speed = '3p' kmph

We know that, 

Change in speed == Change in time

According to the given data,

243p - 244p = 35 - 2560=> p = 12

 

Hence, the initial speed of Akhil = 4p = 4 x 12 = 48 kmph.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

14 5993
Q:

In what ratio must a merchant mix two varieties of oils worth Rs. 60/kg and Rs. 65/kg, so that by selling the mixture at Rs. 68.20/kg, he may gain 10% ?

A) 2:3 B) 4:3
C) 3:4 D) 3:2
 
Answer & Explanation Answer: D) 3:2

Explanation:

Let he mixes the oils in the ratio = x : y

Then, the cost price of the oils = 60x + 65y

Given selling price = Rs. 68.20

=> Selling price = 68.20(x+y)

Given profit = 10% = SP - CP

=> 10/100 (60x + 65y) = 68.20(x+y)-(60x + 65y)

=> 6x + 6.5y = 8.20x + 3.20y

=>2.2x = 3.3y

=> x : y = 3 : 2

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

17 5992
Q:

Two persons K and L can complete a piece of work in 30 days and 45 days respectively. If they work together, what part of the work will be completed in 3 days ?

A) 1/6 B) 1/3
C) 2/3 D) 1/18
 
Answer & Explanation Answer: A) 1/6

Explanation:

K's one day's work = 1/30
L's one day's work = 1/45
(K + L)'s one day's work = 1/30 + 1/45 = 1/18

The part of the work completed in 3 days = 3 (1/18) = 1/6.

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

5 5989
Q:

Five boys are sitting in a circle. Ajay is between Ramesh and Damanik. Suleman is left to Vikas.Ramesh is left to Suleman. Who is sitting immediate right to Ajay?

A) Suleman B) Damanik
C) Vikas D) Ramesh
 
Answer & Explanation Answer: D) Ramesh

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

13 5986
Q:

Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quartely.

A) Rs.2522 B) Rs.2422
C) Rs.3522 D) Rs.2322
 
Answer & Explanation Answer: A) Rs.2522

Explanation:

Principal = Rs.16,000;

Time=9 months = 3 quarters;

Amount

=Rs.[16000x(1+5/100)³] =[16000x21/20x21/20x21/20]

= Rs.18522.

 

C.I

= Rs.(18522 - 16000)

= Rs.2522.

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

0 5983
Q:

A began a business with Rs. 85000. He was joined afterwards by B with Rs. 42,500. For how much perod does B join, if the profits at the end of the year are divided in the ratio of 3:1 ?

A) 8 months B) 6 months
C) 7 months D) 9 months
 
Answer & Explanation Answer: A) 8 months

Explanation:

Suppose B joined for x months.

Given profit is divided in the ratio 3:1. Then,

85000×1242500×x=31

 --> x = 8 months.

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

6 5981
Q:

The ratio of the speed of a boat downstream and speed of the stream is 9:1. If the speed of the current is 3 km per hr, find the distance travelled by the boat upstream in 5 hours.

A) 100 km B) 98 km
C) 109 km D) 105 km
 
Answer & Explanation Answer: D) 105 km

Explanation:

Let the speed of boat in still water is ‘x’ km/hr & that of stream is ‘y’ km/hr.
Then, ATQ
(x+y)/y = 9/1 9y = x + y
x = 8y
y = 3 km/hr
So, x = 24 km/hr
Upstream speed = 24-3 = 21 km/hr
Hence, distance travelled upstream in 5 hours = 21*5 = 105 km.

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Filed Under: Boats and Streams
Exam Prep: Bank Exams

9 5981