Bank PO Questions


Q:

A collection of interrelated records is called a

A) Datasheet B) Spreadsheet
C) Database D) Utility File
 
Answer & Explanation Answer: C) Database

Explanation:
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5 5782
Q:

A certain amount earns simple interest of Rs. 2260 after 3 years. Had the interest been 1 % more how much more interest would it have earned ?

A) Rs. 175 B) Rs. 220.75
C) Rs. 126 D) Can't be determined
 
Answer & Explanation Answer: D) Can't be determined

Explanation:

Here given Interest earned = Rs. 2260

Time = 3 years

Rate of interest = ?

Principal Amount = ?

So, it can't be determined.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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18 5779
Q:

The sum of the ages of 5 children born at the intervals of 3 years each is 50 years. What is the age og the youngest child ?

A) 8 yrs B) 16 yrs
C) 6 yrs D) 4 yrs
 
Answer & Explanation Answer: D) 4 yrs

Explanation:

Let the age of the youngest child is 'X' years.
Then the child elder than the yongest is 'X + 3' yrs
Since each have 3yrs difference upto 5 children
And given that
=> X + X+3 + X+6 + X+9 + X+12 = 50
=> 5X + 30 = 50
=> X = 4 yrs.

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

5 5779
Q:

A secret can be told to only 3 persons in 3 minutes. Each person in turn tells 3 other persons in the next 3 minutes and the processes continues accordingly. In 30 minutes how many persons can be told this secret in this way ?

A) 88572 B) 77854
C) 99584 D) 55654
 
Answer & Explanation Answer: A) 88572

Explanation:

Given a secret is told to 3 persons in 3 minutes.
And if the process continues with each person saying 3 other persons,
In 30 minutes => the rocess for 10 times because each person time is 3 minutes.
Required number of persons = 3 + 32 + 33 + .... + 39 + 310

 

Now it forms a geometric progression,

 

Sum to n terms is S = arn - 1r - 1

 

Here a = 3, r = 3

 
=> 59048 x 3 /2

 

= 88572.

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Filed Under: Simplification
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
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5 5777
Q:

World Suicide Prevention Day (WSPD) is observed every year on _______ 

A) 1 September B) 7 September
C) 9 September D) 10 September
 
Answer & Explanation Answer: D) 10 September

Explanation:

World Suicide Prevention Day (WSPD) is an awareness day celebrated on 10 September every year, keeping in mind the end goal to give overall commitment and action to anticipate suicides, with various activities around the world since 2003.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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12 5776
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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20 5772
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
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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12 5772
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
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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