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Q:

What Principal will yield Rs. 120 as Simple Interest at 6% p.a. in 10 years?

A) ₹ 120	B) ₹ 180
C) ₹ 200	D) ₹ 210

Answer & Explanation Answer: C) ₹ 200

Explanation:

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Filed Under: Simple Interest
Exam Prep: Bank Exams

Q:

A water tank is filled in 5 hours by three pipes X, Y and Z the pipe Z is thrice as fast as Y and Y is twice as fast as X. How much time will pipe X alone take to fill the water tank?

A) 60 hrs	B) 45 hrs
C) 40 hrs	D) 35 hrs

Answer & Explanation Answer: B) 45 hrs

Explanation:

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Filed Under: Pipes and Cistern
Exam Prep: AIEEE , Bank Exams , CAT

Q:

In these questions, the relationship between two elements is shown in the statements. These statements are followed by two conclusions.
Statement:
K > R = L, P > L, R ≥ S
Conclusion:
I. S < L
II. L = S

A) If only conclusion I follow.	B) If only conclusion II follow.
C) If either conclusion I or conclusion II follows.	D) If neither conclusion I nor II follows.

Answer & Explanation Answer: C) If either conclusion I or conclusion II follows.

Explanation:

K > R = L, P > L, R ≥ S
L = R ≥ S
Conclusions:
I. S < L
II. L = S
This forms a complementary pair - S is either smaller or equal to L. Hence, the correct option is Either conclusion I or conclusion II follows.

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , GATE

Q:

In these questions, the relationship between two elements is shown in the statements. These statements are followed by two conclusions.
Statement:
Z < L < W = N = K < A
Conclusion:
I. A > L
II. Z = A

A) If only conclusion I follow.	B) If only conclusion II follow.
C) If either conclusion I or conclusion II follows.	D) If neither conclusion I nor II follows.

Answer & Explanation Answer: A) If only conclusion I follow.

Explanation:

Z < L < W = N = K < A
For conclusion I -
L < W = N = K < A -
L < K < A
I. A > L (true) - It is clear that A is greater than L.
For conclusion II -
II. Z = A (false) Z = A is not confirm, so this is false.
Hence,only conclusion I follow.

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: AIEEE , Bank Exams , GATE

Q:

In these questions, the relationship between two elements is shown in the statements. These statements are followed by two conclusions.
Statement:
Y > A < N, Y = B <P
Conclusion:
I. P > A
II. N > B

A) If only conclusion I follow.	B) If only conclusion II follow.
C) If either conclusion I or conclusion II follows.	D) If neither conclusion I nor II follows.

Answer & Explanation Answer: A) If only conclusion I follow.

Explanation:

Y > A < N, Y = B <P
P > B = Y > A < N
For conclusion I -
P > B = Y > A
P > Y > A
I. P > A (True) P is greater than A is true.
For conclusion II -
B = Y > A < N
II. N > B (false) There is no relation between N and B.
Hence, only conclusion I follow.

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Filed Under: Coding and Decoding
Exam Prep: AIEEE , Bank Exams , GATE

Q:

In these questions, the relationship between two elements is shown in the statements. These statements are followed by two conclusions.
Statement: X = M < A < S = T < R

Conclusion:
I. M = T
II. R > A

A) If only conclusion I follow.	B) If only conclusion II follow.
C) If either conclusion I or conclusion II follows.	D) If neither conclusion I nor II follows.

Answer & Explanation Answer: B) If only conclusion II follow.

Explanation:

X = M < A < S = T < R
Conclusions:
For conclusion I - M < A < S = T - There is no relation between M and T.
I. M = T (false)
For conclusion II -
A < S = T < R
II. R > A (True) - R is greater than A.
Hence, only conclusion II follow.

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Filed Under: Coding and Decoding
Exam Prep: AIEEE , Bank Exams , GATE

Q:

In these questions, the relationship between two elements is shown in the statements. These statements are followed by two conclusions.
Statement:
A = M >P, N > R, A > T
Conclusion:
I. T = P
II. R < A

A) If only conclusion I follow.	B) If only conclusion II follow.
C) If either conclusion I or conclusion II follows.	D) If neither conclusion I nor II follows.

Answer & Explanation Answer: D) If neither conclusion I nor II follows.

Explanation:

A = M >P, N > R, A > T
I. T = P (false) There is no relation between T and P.
For conclusion II -
A = M >P, N > R
II. R < A (false) - there is no relation between R and A.
Hence, neither conclusion I nor II follows.

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Filed Under: Coding and Decoding
Exam Prep: AIEEE , Bank Exams , GATE

Q:

The difference between Simple Interest and Compound Interest at the rate of 12% on the same amount for 3 years is Rs. 112.32. What is the principal amount if interest is compounded annually?

A) Rs. 25000	B) Rs. 2500
C) Rs. 50000	D) Rs. 5000

Answer & Explanation Answer: B) Rs. 2500

Explanation:

Let the principal amount be Rs. x
Calculating SI:
SI for 1 year at 12% rate is Rs (12/100)*x. For 3 years it will be Rs (36/100)*x ------ (1)
Calculating CI:
For 1st year, Interest = (12/100)*x
For 2nd year, interest = (12/100)*x + (12/100)*x + (144/10000)*x
For 3rd year, interest = (12/100)*x + (12/100)*x + (12/100)*x + (144/10000)*x + (144/10000)*x + (1728/1000000)*x. ------ (2)
Subtracting equation 2 and 1 and solving further,
312*144*x/1000000 = 112.32
X = Rs 2500.
Alternative way: Using formula for Difference
between CI and SI for 3 years

we can also use the above formula to find the value of P.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , GATE

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