Ho Search

Q:

A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

A) 5%	B) 8%
C) 12%	D) 15%

Answer & Explanation Answer: C) 12%

Explanation:

S.I. for 3 years = Rs. (12005 - 9800) = Rs. 2205.

S.I. for 5 years = Rs. $\frac{2205}{3} \times 5$ = Rs.3675

Principle = Rs.(9800-3675) = Rs.6125

Hence, Rate = $[\frac{100 \times 3675}{6125 \times 5}]$ =12%

Report Error

View Answer Report Error Discuss

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

Q:

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

A) 3.5 years	B) 4 years
C) 4.5 years	D) 5 years

Answer & Explanation Answer: B) 4 years

Explanation:

Time = (100 x 81)/(450 x 4.5) years

= 4 years.

Report Error

View Answer Report Error Discuss

Filed Under: Simple Interest
Exam Prep: GRE

Q:

In a shower, 5 cm of rain falls. The volume of water that falls on 1.5 hectares of ground is:

A) 75 cubic meter	B) 750 cubic meter
C) 7500 cubic meter	D) 75000 cubic meter

Answer & Explanation Answer: B) 750 cubic meter

Explanation:

1 hectare = 10,000 Sq.m

So, Area = (1.5 x 10000) Sq.m

Depth = 5/100 m = 1/20 m

Therefore, Volume = Area X Depth = 15000 x (1/20)= 750 cu.m

Report Error

View Answer Report Error Discuss

Filed Under: Volume and Surface Area

Q:

A hollow iron pipe is 21 cm long and its external diameter is 8 cm. If the thickness of the pipe is 1 cm and iron weighs 8g/cu.cm, then the weight of the pipe is

A) 3.6 kg	B) 3.696 kg
C) 36 kg	D) 36.9 kg

Answer & Explanation Answer: B) 3.696 kg

Explanation:

External radius = 4 cm

Internal radius = 3 cm

Volume of iron = $[\frac{22}{7} \times (4^{2} - 3^{2}) \times 21] c m^{3}$ = $462 c m^{3}$

Weight of iron = (462 x 8)gm = 3696 gm = 3.696 kg

Report Error

View Answer Report Error Discuss

Filed Under: Volume and Surface Area

Q:

A rectangular field is to be fenced on three sides leaving a side of 20 feet uncovered. If the area of the field is 680 sq. feet, how many feet of fencing will be required?

A) 34	B) 40
C) 68	D) 88

Answer & Explanation Answer: D) 88

Explanation:

We have: l = 20 ft and lb = 680 sq. ft.

So, b = 34 ft.

Length of fencing = (l + 2b) = (20 + 68) ft = 88 ft.

Report Error

View Answer Report Error Discuss

Filed Under: Volume and Surface Area

Q:

The diagonal of the floor of a rectangular closet is $7 \frac{1}{2}$ feet. The shorter side of the closet is $4 \frac{1}{2}$ feet. What is the area of the closet in square feet?

A) 5 .5	B) 13.5
C) 27	D) 37

Answer & Explanation Answer: C) 27

Explanation:

Other side= $\sqrt{[{(\frac{15}{2})}^{2} - (\frac{9^{2}}{2})]} f t$ = $\sqrt{\frac{225}{4} - \frac{81}{4}} f t$ = $\sqrt{\frac{144}{4}}$ = 6ft

Area of closet =(6 x 4.5)sq.ft = 27 sq.ft

Report Error

View Answer Report Error Discuss

Filed Under: Volume and Surface Area

Q:

If the ratio of the ages of two friends A and B is in the ratio 3 : 5 and that of B and C is 3 : 5 and the sum of their ages is 147, then how old is B?

A) 27 Years	B) 75 Years
C) 45 Years	D) 49 Years

Answer & Explanation Answer: C) 45 Years

Explanation:

The ratio of the ages of A and B is 3 : 5.
The ratio of the ages of B and C is 3 : 5.

B's age is the common link to both these ratio. Therefore, if we make the numerical value of the ratio of B's age in both the ratios same, then we can compare the ages of all 3 in a single ratio.

The can be done by getting the value of B in both ratios to be the LCM of 3 and 5 i.e., 15.

The first ratio between A and B will therefore be 9 : 15 and
the second ratio between B and C will be 15 : 25.

Now combining the two ratios, we get A : B : C = 9 : 15 : 25.

Let their ages be 9x, 15x and 25x.
Then, the sum of their ages will be 9x + 15x + 25x = 49x

The question states that the sum of their ages is 147.
i.e., 49x = 147 or x = 3.

Therefore, B's age = 15x = 15*3 = 45

Report Error

View Answer Report Error Discuss

Filed Under: Ratios and Proportions
Exam Prep: GRE

Q:

A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount, banker's gain and the money that the holder of the bill receives.

A) 4390	B) 6580
C) 5880	D) 5350

Answer & Explanation Answer: C) 5880

Explanation:

Face value of the bill = Rs. 6000.

Date on which the bill was drawn = July 14 at 5 months. Nominally due date = December 14.

Legally due date = December 17.

Date on which the bill was discounted = October 5.

Unexpired time : Oct. Nov. Dec.

26 + 30 + 17 = 73 days =1/ 5Years

B.D. = S.I. on Rs. 6000 for 1/5 year

= Rs. (6000 x 10 x1/5 x1/100)= Rs. 120.

T.D. = Rs.[(6000 x 10 x1/5)/(100+(10*1/5))]

=Rs.(12000/102)=Rs. 117.64.

B.G. = (B.D.) - (T.D.) = Rs. (120 - 117.64) = Rs. 2.36.

Money received by the holder of the bill = Rs. (6000 - 120) = Rs. 5880.

Report Error

View Answer Report Error Discuss

Filed Under: Banker's Discount

Searching for "Ho"

Quick Links