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Q:

Shivam Industries installed a flour mill for Rs. 300,000 five years ago. If the fixed annual rate of depreciation is 5% and they sold the mill for Rs. 250,000 their gain/loss % is?

A) No gain - No loss	B) Loss 10%
C) Gain 12.5%	D) Gain 10%

Answer & Explanation Answer: D) Gain 10%

Explanation:

Given that mill worth originally =3ooooo

Depreciation for 1 yr =300000x5/100= Rs. 15000

Then, depreciation for 5yrs = Rs. 75000

Value after 5yrs = 300000 - 75000 = Rs. 225000

Given Selling Price of the mill = Rs. 250000

Sp > CP

Gain = 250000 - 225000 = Rs. 25000

Gain% = 25000/250000 x 100 = 10%.

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

Choose the figure which is different from the rest three.

A) 1	B) 3
C) 2	D) 4

Answer & Explanation Answer: B) 3

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

Q:

On selling rice for Rs. 45 per kg, a shopkeeper bears loss of 20%. To earn a profit of 20%, the selling price should be

A) Rs. 67.50	B) Rs. 65
C) Rs. 70	D) Rs. 60

Answer & Explanation Answer: A) Rs. 67.50

Explanation:

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

In the union Budget 2015-16, two new IIMs will be opened in which of the following states?

A) Jammu & Kashmir, Punjab	B) Andhra Pradesh, Punjab
C) Andhra Pradesh, Jammu & Kashmir	D) Jammu & Kashmir, Bihar

Answer & Explanation Answer: C) Andhra Pradesh, Jammu & Kashmir

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

30 men can do a piece of work in 16 days working 8 hrs a day. How many men are needed to complete another work, which is twice the first one, in 10 days working 12 hrs a day?

The following are the steps involved in solving the above problem. Arrange them in sequential order.

A) CBAD	B) BACD
C) ABCD	D) ACBD

Answer & Explanation Answer: A) CBAD

Explanation:

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Filed Under: Time and Work
Exam Prep: Bank Exams

Q:

The given chart represents the sales of different companies in the year 1999 and 1998.

If the total sales in 1998 was 7890, which increased by 16.5% in 1999, then the total sales in the year 1999 is approximately ___.

A) 9191	B) 1919
C) 9119	D) 9911

Answer & Explanation Answer: A) 9191

Explanation:

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Filed Under: Pie Charts
Exam Prep: Bank Exams

Q:

Based on the given data, , determine the bikes of which colours will make a total sales of 55%?

A) Blue, green, gold, black and red	B) Brown, black, blue and golden
C) Green, silver, blue and red	D) Brown, black, red and golden

Answer & Explanation Answer: A) Blue, green, gold, black and red

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

Q:

In a cricket match, the scores of the players are considered such that coefficient of variation of scores is 16 and mean is 25 then the variance is

A) 12	B) 8
C) 16	D) 4

Answer & Explanation Answer: C) 16

Explanation:

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Filed Under: Average
Exam Prep: Bank Exams

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