# GRE Questions

Q:

Fastest Shorthand Writer was

 A) Dr. G. D. Bist B) J.R.D. Tata C) J.M. Tagore D) Khudada Khan

Explanation:

Dr. G. D. Bist, Guinness Record Holder, the first-ever Ph.D. in Stenography in the world.

He had achieved a highest speed of 250 w.p.m. in Shorthand.

248 44094
Q:

At what rate percent per annum will a sum of money double in 8 years.

 A) 12.5% B) 13.5% C) 11.5% D) 14.5%

Explanation:

Let principal = P, Then, S.I.= P and Time = 8 years

We know that S.I. = PTR/100

Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

80 25187
Q:

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

 A) 650 B) 690 C) 698 D) 700

Explanation:

S.I. for 1 year =  Rs. (854 - 815) = Rs. 39.

S.I. for 3 years = Rs.(39 x 3) = Rs. 117.

Principal = Rs. (815 - 117) = Rs. 698

62 24684
Q:

What annual instalment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

 A) Rs.325 B) Rs.545 C) Rs.560 D) Rs.550

Explanation:

Let each instalment be Rs.x .

1st year =  [x + (x * 12 * 2)/100]

2nd year = [ x + (x *12 * 1)/100]

3rd year = x

Then, [x + (x * 12 * 2)/100] + [ x + (x *12 * 1)/100] + x =1092

3x + ( 24x/100 ) + ( 12x/100 )  = 1092

336x =109200

Therefore, x = 325

Each instalment = Rs. 325

70 22211
Q:

The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is

 A) 2 years B) 2.5 years C) 3 years D) 4 years

Explanation:

Amount = Rs.(30000+4347) = Rs.34347

let the time be n years

Then,30000(1+7/100)^n = 34347

(107/100)^n = 34347/30000 = 11449/10000 = (107/100)^2

$\inline \fn_cm \therefore$n = 2years

34 21068
Q:

If selling price is doubled, the profit triples. Find the profit percent ?

 A) 100% B) 200% C) 300% D) 400%

Explanation:

Let the C.P be Rs.100 and S.P be Rs.x, Then
The profit is (x-100)
Now the S.P is doubled, then the new S.P is 2x
New profit is (2x-100)
Now as per the given condition;
=> 3(x-100) = 2x-100
By solving, we get
x = 200
Then the Profit percent = (200-100)/100 = 100
Hence the profit percentage is 100%

47 20811
Q:

In how many years will a sum of Rs.800 at 10% per annum compounded semi annually become Rs.926.10

 A) 1.5 B) 2.5 C) 3.5 D) 4.5

Explanation:

Let the time be 'n' years, Then

n = 3/2 or n= 1$12$ Years

65 19842
Q:

What was the day of the week on 17th June, 1998 ?

 A) Monday B) Tuesday C) Wednesday D) Friday

Explanation:

17th June, 1998 = (1997 years + Period from 1.1.1998 to 17.6.1998)
Odd days in 1600 years = 0
Odd days in 300 years = 1
97 years has 24 leap years + 73 ordinary years.
Number of odd days in 97 years ( 24 x 2 + 73) = 121 = 2 odd days.
Jan. Feb. March. April. May. June.
(31 + 28 + 31 + 30 + 31 + 17) = 168 days
168 days = 24 weeks = 0 odd day.
Total number of odd days = (0 + 1 + 2 + 0) = 3.
Given day is Wednesday.