Bank Clerk Questions


Q:

A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?

A) Rs. 620 B) Rs. 654
C) Rs. 725 D) Rs. 747
 
Answer & Explanation Answer: A) Rs. 620

Explanation:

Let the C.P of one item is Rs. P
and that of other is Rs. (7500 - P)

According to the data given
C.P = S.P
=> Px(116/100) + (7500-P)x(86/100) = 7500
=> 30P = 105000
=> P = 3500

Required difference between selling prices
= Rs. [(3500/100) x 116] - [(4000/100) x 86]
= 4060-3440
= Rs. 620

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

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Q:

Twelve children take sixteen days to complete a work which can be completed by 8 adults in 12 days. After working for 3 days, sixteen adults left and six adults and four children joined them. How many days will they take to complete the remaining work ?

A) 3 days B) 2 days
C) 6 days D) 12 days
 
Answer & Explanation Answer: C) 6 days

Explanation:

From the given data,

12 children 16 days work,
One child’s one day work = 1/192.


8 adults 12 days work,
One adult’s one day’s work = 1/96.


Work done in 3 days = ((1/96) x 16 x 3) = 1/2


Remaining work = 1 – 1/2 = 1/2


(6 adults+ 4 children)’s 1 day’s work = 6/96 + 4/192 = 1/12

1/12 work is done by them in 1 day.

1/2 work is done by them in 12 x (1/2) = 6 days.

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

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Q:

I am an English word with five letters. If you remove my last four I am still pronounced the same. What am I?

Answer

An English word with five letters in which if you remove the last four letters, still pronounced the same is QUEUE.

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Q:

Sum of the ages of Rajesh, Suresh, Mahesh and Dinesh is 76 years. 7 years hence, their age ratio is 7:6:5:8. Find Mahesh’s present age ?

A) 17 years B) 13 years
C) 14 years D) 16 years
 
Answer & Explanation Answer: B) 13 years

Explanation:

Given R + S + M + D = 76

=> R+7 : S+7 : M+7 : D+7 = 7:6:5:8

=> Let the ratio = x

=> M+7 = 5x

=> M = 5x-7

=> R = 7x-7

=> S = 6x-7

=> D = 8x-7

=> R + S + M + D = 76

=> 7x-7 + 6x-7 + 5x-7 + 8x-7 = 76

=> 26x - 28 = 76

=> 26x = 104

=> x = 4

=> Mahesh's present age = 5x-7 = 20 - 7 = 13 years.

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

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Q:

Commercial banks are funded through which of the following?

A) Customer deposits B) Services
C) Stock holders D) Government funding
 
Answer & Explanation Answer: A) Customer deposits

Explanation:

A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

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

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Q:

Two bike riders ride in opposite directions around a circular track, starting at the same time from the same point. Biker A rides at a speed of 16 kmph and biker B rides at a speed of 14 kmph. If the track has a diameter of 40 km, after how much time (in hours) will the two bikers meet?

A) 6.52 B) 8.14
C) 4.18 D) 5.02
 
Answer & Explanation Answer: C) 4.18

Explanation:

Distance to be covered = πD = 40π km 

Relative speed of bikers = 16 + 14 = 30 kmph.

 

Now, time=distancespeed =  40π30 = 4.18 hrs.

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Filed Under: Time and Distance
Exam Prep: CAT
Job Role: Bank Clerk

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Q:

By default, a real number is treated as a

A) Integer B) Float
C) Double D) Long double
 
Answer & Explanation Answer: B) Float

Explanation:

By default, a real number is treated as a float variable.

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

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Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

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