Bank Clerk Questions and Answers with Explanation, Job Roles

Q:

The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?

A) Rs. 380	B) Rs. 420
C) Rs. 460	D) Rs. 440

Answer & Explanation Answer: B) Rs. 420

Explanation:

As given in the question, Marked price is 25% more than the Cost price.

=> C.P of the article = $\frac{3}{4} x 400 = 300$

Now,

Let the original S.P of the article be Rs. P

Now the new S.P = P + $\frac{(16.666 + 13.333)}{300} x P$

=> S.P = $\frac{7 P}{6}$

According to the question,

$\frac{7 P}{6} - 300 = 2 (P - 300)$

=> 5P = 1800

=> P = Rs. 360

Hence, the increased S.P = 360 x 7/6 = Rs. 420.

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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

11 11249

Q:

If k : l = 4 : 3 and l : m = 5 : 3, then find k : l : m ?

A) 18 : 24 : 11	B) 9 : 15 : 1
C) 20 : 15 : 9	D) 21 : 7 : 3

Answer & Explanation Answer: C) 20 : 15 : 9

Explanation:

Given k : l = 4 : 3
l : m = 5 : 3

Then k : l : m = 20 : 15 : 9

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

12 11248

Q:

A house owner wants to get his house painted. He is told that this would require 45 kg of paint allowing 6% wasting. And if the paint is available in 4 kg tins only, the number of tins required for painting the house is ?

A) 12	B) 13
C) 11	D) 10

Answer & Explanation Answer: A) 12

Explanation:

Given 45 kg for painting

And 6% 0f 45 for wasting => 6x45/100 = 2.7 kg

Now total paint required = 45+2.7 = 47.7 kgs

But tins are available in only 4kgs

Then, no. of tins req = 47.7/4 = 11.4 => 12 tins

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 11240

Q:

Which bank has the tagline - Your Trusted Family Bank?

A) Indian Overseas Bank	B) Dena Bank
C) Indian Bank	D) Yes Bank

Answer & Explanation Answer: B) Dena Bank

Explanation:

Which_bank_has_the_tagline_Your_Trusted_Family_Bank1558506342.jpg image

Dena Bank Ltd was an Indian public sector bank with the tagline " Your Trusted Family Bank ". It was headquartered in Mumbai. The bank was founded in 1938 and the Indian government nationalized it in 1969.

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

16 11227

Q:

A drawing on transparent paper is

A) Blue print	B) Negative
C) Transparency	D) Red print

Answer & Explanation Answer: C) Transparency

Explanation:

The one word substitute for 'a drawing on transparent paper' is Transparency.

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

6 11223

Q:

Sonika invested an amount of Rs.5800 for 2 years. At what rate of compound interest will she get an amount of Rs.594.50 at the end of 2 years ?

A) 6.5%	B) 6%
C) 5%	D) 4.5%

Answer & Explanation Answer: C) 5%

Explanation:

C.I = $P [{(1 + \frac{r}{100})}^{t} - 1]$

594.5 = $5800 [{(1 + \frac{r}{100})}^{2} - 1]$

$\frac{594.5}{5800} + 1 = {(1 + \frac{r}{100})}^{2}$

$\frac{r}{100} = 1.05 - 1 = 0.05 = > r = 5$ % .

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Filed Under: Compound Interest
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

13 11223

Q:

A university library budget committee must reduce exactly five of eight areas of expenditure—I, J, K, L, M, N, O and P—in accordance with the following conditions:

If both I and O are reduced, P is also reduced.
If L is reduced, neither N nor O is reduced.
If M is reduced, J is not reduced.
Of the three areas J, K, and N exactly two are reduced.

Question :

If both K and N are reduced, which one of the following is a pair of areas neither of which could be reduced?

A) I, L	B) J, L
C) J, M	D) I, J

Answer & Explanation Answer: B) J, L

Explanation:

This question concerns a committee’s decision about which five of eight areas of expenditure to reduce. The question requires you to suppose that K and N are among the areas that are to be reduced, and then to determine which pair of areas could not also be among the five areas that are reduced.

The fourth condition given in the passage on which this question is based requires that exactly two of K, N, and J are reduced. Since the question asks us to suppose that both K and N are reduced, we know that J must not be reduced:

Reduced :: K, N
Not reduced :: J

The second condition requires that if L is reduced, neither N nor O is reduced. So L and N cannot both be reduced. Here, since N is reduced, we know that L cannot be. Thus, adding this to what we’ve determined so far, we know that J and L are a pair of areas that cannot both be reduced if both K and N are reduced:

Reduced :: K, N
Not reduced :: J, L

Answer choice (B) is therefore the correct answer.

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Filed Under: Analytical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Project Manager , Software Architect

14 11221

Q:

Count the number of cubes in the given figure.

A) 80	B) 87
C) 89	D) 90

Answer & Explanation Answer: C) 89

Explanation:

In the figure, there are 9 columns containing 5 cubes each, 7 columns containing 4 cubes each, 5 columns containing 3 cubes each and 1 column containing 1 cube.

$∴$ Total number of cubes = (9 x 5) + (7 x 4) + (5 x 3) + (1 x 1) = 89

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Filed Under: Cubes and Dice
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

26 11198

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