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Bank PO Questions

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Q:

A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres ?

A) 68% B) 80%
C) 75% D) 100%
 
Answer & Explanation Answer: D) 100%

Explanation:

When 3 passengers income was 3x
expense= Rs.30 
profit =20% of 30 = Rs.6 
That means his earning is Rs.36. so that per passenger fare must be Rs.12.

When 4 passengers
earning = 12x4=Rs.48.
expense =Rs.24.
profit = Rs.24 = 100%

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Filed Under: Profit and Loss
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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19 12643
Q:

Fill in the blank with suitable preposition in the following sentence.

 

____ the two I prefer tea.

A) From B) In
C) Between D) Among
 
Answer & Explanation Answer: C) Between

Explanation:

Between the two I prefer tea is the correct sentence with suitable preposition.

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Filed Under: Inserting The Missing Character
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31 12629
Q:

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V ?

A) Rs. 2000 B) Rs. 1600
C) Rs. 2200 D) Rs. 2100
 
Answer & Explanation Answer: A) Rs. 2000

Explanation:

Let 'x' be the cost price.
Now Marked price = x + 30x/100 = 13x/10
10% discount = 10/100 x 13x/10 = 13x/100
Selling price = 13x/10 - 13x/100 = 117x/100
Given gain = 340
Here gain = 117x/100 - x = 17x/100 = 340 => x = Rs. 2000.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
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13 12627
Q:

Two solutions have milk & water in the ratio 7:5 and 6:11. Find the proportion in which these two solutions should Be mixed so that the resulting solution has 1 part milk and 2 parts water ?

A) 7 : 12 B) 8 : 13
C) 9 : 4 D) 2 : 5
 
Answer & Explanation Answer: B) 8 : 13

Explanation:

To get the solution that contains 1 part of milk and two parts of water,
they must be mixed in the ratio as
7x+6x/5y+11y = 1/2
26x = 16y
x/y = 16/26
x/y = 8/13

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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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19 12627
Q:

One-quarter of one-seventh of a land is sold for Rs. 30,000. What is the value of an four fifteenth of land ?

A) Rs.1,92,000 B) Rs.2,24,000
C) Rs.1,26,000 D) Rs.3,42,000
 
Answer & Explanation Answer: B) Rs.2,24,000

Explanation:

One-quarter of one-seventh = 1/4 x 1/7
= 1/28
Now, 1/28 of a land costs = Rs. 30,000
Thus, 8/35 of the land will cost = 30,000 x 28 x 4/15
= Rs. 2,24,000.

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Filed Under: Percentage
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15 12624
Q:

Rajeev start a business with Rs. 10000, Deepu joins him after 2 month with 20% more investment than Rajeev, after 2 month Shakti joins him with 40% less than Deepu. If the profit earned by them at the end of the year is equal to the twice of the difference between investment of Rajeev and ten times the investment of Shakti. Find the profit of Rajeev ?

A) 50000 B) 48000
C) 38000 D) 40000
 
Answer & Explanation Answer: C) 38000

Explanation:

Here from the given information,

The ratio of investments of Rajeev, Deepu & Shakti is

R : D : S = (10000 × 12) : (12000 × 10) : (7200 × 8)

= 25 : 25 : 12

Now the Profit = 2 × (72000-10000) = 124000

Share of Rajeev = 124000 x 25/62 = 48000

Profit of Rajeev = 48000 - 10000 = 38000

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Filed Under: Partnership
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21 12618
Q:

The area of a field in the shape of a trapezium measures 1440sq m. The perpendicular distance between its parallel sides is 24cm. If the ratio of the sides is 5:3, the length of the longer parallel side is:

A) 75 B) 85
C) 95 D) 105
 
Answer & Explanation Answer: A) 75

Explanation:

Area of field = 12*5x+3x*24 = 96x sq.m  

96x = 1440       => x =144096 = 15  

Hence, the length of longer parallel side = 5x = 75m

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

7 12593
Q:

How many meaningful English words can be formed with the letters LGEU using each letter only once in each word ?

A) Zero B) One
C) Two D) Four
 
Answer & Explanation Answer: B) One

Explanation:

'GLUE' is the only meaningful word that can be formed using the letters given.

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Filed Under: Alphabet Test
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