Bank Exams Questions

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Clearly, Rate = 5% p.a .,

Time = 3 years

S.I =Rs.1200.

So,Principal

=Rs.(100 x 1200/3x5)

=Rs.8000.

Amount

=Rs.[8000 x (1+5/100)³]

=Rs(8000x21/20x21/20x21/20)

= Rs.9261

C.I

=Rs.(9261-8000)

=Rs.1261.

Firewalls are used to protect against Unauthorized Access.

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

Here 40% of 80 is given as

40100 x 80 = 8 x 4 = 32

Given that,

 working days = 5

 working hours = 8

 A man get rupess per hour is Rs.2.40

 So in one day the man get total rupees is 2.40 x 8 = 19.2

 So in 5 days week the man get total rupees is 19.2 x 5 = 96

 So in 4 week the man get total rupees is 96 x 4 = 384

 So the man worked for = 160hours in 4 weeks

 But given that the man earned Rs.432

 Hence remaning money is (432-384 = 48)which is earn by doing overtime work

Overtime hours  = 48/3.20 = 15

So total worked hours is = 15 + 160 = 175.