GATE Questions

Q:

Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years? 

A) Rs. 3845 B) Rs. 4826
C) Rs. 5142 D) Rs. 4415
 
Answer & Explanation Answer: B) Rs. 4826

Explanation:

We know the formula for calculating

The compound interest C = P1 + r100n - 1 where P = amount, r = rate of interest, n = time

Here P = 5000, r1 = 10, r2 = 20

Then C = 65001 + 101002 x 1 + 201002 - 1= 6500 x 18562500= 65 x 185625

C = Rs. 4826.

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Q:

A mother can do a certain job in x hours. Her daughter takes twice as long to do the job. Working together, they can do the job in 6 hours. How many hours does the mother take to do the job ?

A) 3 B) 6
C) 9 D) 12
 
Answer & Explanation Answer: C) 9

Explanation:

The mother completes the job in x hours.
So, the daughter will take 2x hours to complete the same job.

 

In an hour, the mother will complete 1/x of the total job.
In an hour, the daughter will complete 1/2x of the total job.

 

So, if the mother and daughter work together, in an hour they will complete 1/x + 1/2x of the job.
i.e., in an hour they will complete 3/2x of the job.

 

The question states that they complete the entire task in 6 hours if they work together.
i.e., they complete 1/6 th of the task in an hour.

 

Equating the two information, we get 3/2x = 1/6
By solving for x, we get 2x = 18 or x = 9.

 

The mother takes 9 hours to complete the job.

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Filed Under: Time and Work
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Q:

A simple interest earned on certain amount is triple the money when invested for 16 years.what is the interest rate offered ?

A) 13.33 % B) 14.25 %
C) 16.98 % D) 18.75 %
 
Answer & Explanation Answer: D) 18.75 %

Explanation:

Given,
S.I = 3 Principal Amount
=> 3A = A x 16 x R/100
By solving, we get
=> R = 18.75%

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Filed Under: Simple Interest
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7 5659
Q:

Value of vehicle at end of each year depreciates at the rate of 3/5th of value at the beginning. If Initial value is 10,000Rs then at the end of three years its value is ? 

A) Rs. 6000 B) Rs. 3600
C) Rs. 2160 D) Rs. 415
 
Answer & Explanation Answer: C) Rs. 2160

Explanation:

End of first year     :  10000 x (3/5) = Rs. 6000
End of second year :  6000 x (3/5) = Rs. 3600
End of third year    :  3600 x (3/5) = Rs. 2160

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Filed Under: Percentage
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Q:

In a slip test, K got the 15th rank and he was 44th from the bottom of the list of passed students. 4 students did not take up the slip test and 3 students were failed. What is the total strenght of the class ?

A) 63 B) 62
C) 64 D) 65
 
Answer & Explanation Answer: D) 65

Explanation:

Total strength of the class is given by

15 + 44 + 4 + 3 - 1 = 65

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Filed Under: Simplification
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Q:

Karthik could cover a distance of 200 km in 22 days while resting for 2 hrs. per day. In how many days (approx) he will cover a distance of 250 km while resting for 2 hrs. per day and moving with 2/3rd of the previous speed ?

A) 41.25 days B) 37.5 days
C) 39.75 days D) 40 days
 
Answer & Explanation Answer: A) 41.25 days

Explanation:

Given Karthik can cover the distance of 200 kms resting 2 hrs per day in 22 days.

 

Let the initial speed be '1'

 

Hence, Time = 22(24hrs - 2)

 

Noe new speed = 2/3

 

Let the number of days he take be 'D'

 

Therefore, 2224-2x3200=D24-2x2250

 

D = 11 x 3 x 5/4 = 41.25 days. = 41 1/4 days.

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Filed Under: Time and Distance
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Q:

26 L of the A?

Answer

The given letter equation 26 L of the A implies that 26 Letters of the Alphabet.

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

A & B invest Rs. 1,16,000 & 1,44,000 respectively. B invests for 6 months. At the end of the year, B’s share is Rs. 9000, find the overall profit?

A) Rs. 23,500 B) Rs. 19,780
C) Rs. 21,700 D) Rs. 20,050
 
Answer & Explanation Answer: A) Rs. 23,500

Explanation:

Given A & B in partnership

A Invests 116000 for 12 months 

=> A's share = 116000 x 12 = 13,92,000

B Invests for 6 months

=> B's share = 144000 x 6 = 8,64,000

Their Ratio = 1392 : 864 = 29 : 18

Let the Annual profit = P

Given B's share = Rs. 9000

=> 18/47 x P = 9000

=> P = 9000 x 47/18

=> P = 23,500

Hence, Overall profit = P = Rs. 23,500

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Filed Under: Partnership
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