Bank PO Questions


Q:

How many such digits are there in the number 7346285 which are as far away from the beginning of the number, as they will be when arranged in ascending order within the number?

A) None B) one
C) Two D) Three
 
Answer & Explanation Answer: C) Two

Explanation:

Given Number : 7346285

Ascending Number : 2345678

Answer is Two. Those digits are 3,4

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Filed Under: Number, Ranking and Time Sequence Test
Exam Prep: Bank Exams
Job Role: Bank PO

143 26100
Q:

The population of a town was 3600 three years back. It is 4800 right now. What will be the population three years down the line, if the rate of growth of population has been constant over the years and has been compounding annually?

A) Rs.600 B) Rs,6400
C) Rs.6500 D) Rs.6600
 
Answer & Explanation Answer: B) Rs,6400

Explanation:

 

The population grew from 3600 to 4800 in 3 years. That is a growth of 1200 on 3600 during three year span.

 

Therefore, the rate of growth for three years has been constant.

 

The rate of growth during the next three years will also be the same.

 

Therefore, the population will grow from 4800 by 4800*13= 1600

 

Hence, the population three years from now will be 4800 + 1600 = 6400

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

30 26045
Q:

Ezra cup is associated with which sports?

A) Hockey B) Polo
C) Rowing D) Football
 
Answer & Explanation Answer: B) Polo

Explanation:

The Ezra Cup is a popular polo tournament conducted annually in India. The Calcutta Polo Club runs this oldest and first ever Polo Trophy. The first Ezra Cup was held in 1880. After a period of inactivity, it has now been revived by Mr. Keshav Bangur, Calcutta Polo Club's president.

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

29 25989
Q:

The sum of three consecutive multiples of 3 is 72. What is the second largest number ?

A) 27 B) 24
C) 21 D) 42
 
Answer & Explanation Answer: B) 24

Explanation:

Let the numbers be 3x, 3x + 3 and 3x + 6.
Then,
3x + (3x + 3) + (3x + 6) = 72
9x = 63
x = 7
Largest number = 3x + 6 = 27.

=> Second largest number = 27 - 3 = 24

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

93 25967
Q:

What will Rs.1500 amount to in three years if it is invested in 20% p.a. compound interest, interest being compounded annually?

A) Rs.2592 B) Rs.2492
C) Rs.2352 D) Rs.2352
 
Answer & Explanation Answer: A) Rs.2592

Explanation:

The usual way to find the compound interest is given by the formula A = .p(1+r/100)^n

In this formula,

A is the amount at the end of the period of investment

P is the principal that is invested

r is the rate of interest in % p.a

And n is the number of years for which the principal has been invested.

In this case, it would turn out to be A =1500(1+20/100)^3

= 2592.

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

9 25949
Q:

If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ?

A) 3387.42 B) 4387.42
C) 5387.42 D) 6387.42
 
Answer & Explanation Answer: C) 5387.42

Explanation:

The mathematical formula for calculating compound interest depends on several factors. These factors include the amount of money deposited called the principal, the annual interest rate (in decimal form), the number of times the money is compounded per year, and the number of years the money is left in the bank.

 FV=p1+rnnt

 

FV = Future value of the Deposit

 

p = Principal or Amount of Money deposited

 

r = Annual Interest Rate (in decimal form )

 

n = No of times compounded per year

 

t = time in years

FV=40001+0.0644(5)= 5387.42

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

21 25929
Q:

In a certain coding language, iF GO = 32 & SHE = 49 then SOME will be equal to ?

A) 56 B) 58
C) 62 D) 64
 
Answer & Explanation Answer: A) 56

Explanation:

If we count letters till the end of the alphabet including that letter in reverse order then
Here the values are nothing but the values corresponding to the alphabets when taken in a reverse order,i.e,A=26 ,B=25...,Z=1
G = 20 and O = 12 totaling 32
S = 8, H = 19 and E = 22 totaling 49

So
SOME = 8 + 12 + 14 + 22 = 56.

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Filed Under: Coding and Decoding
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Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

102 25854
Q:

Without any stoppage, a person travels a certain distance at an average speed of 42 km/h, and with stoppages he covers the same distance at an average speed of 28 km/h. How many minutes per hour does he stop?

A) 15 minutes B) 20 minutes
C) 18 minutes D) 22 minutes
 
Answer & Explanation Answer: B) 20 minutes

Explanation:

Let the total distance to be covered is 84 kms.
Time taken to cover the distance without stoppage = 84/42 hrs = 2 hrs
Time taken to cover the distance with stoppage = 84/28 = 3 hrs.
Thus, he takes 60 minutes to cover the same distance with stoppage.
Therefore, in 1 hour he stops for 20 minutes.

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Filed Under: Average
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Job Role: Analyst , Bank Clerk , Bank PO

27 25818