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Q:

An increase in price of which of these products will have a ripple effect in increasing the prices of many products, thereby resulting in inflation?

A) Petroleum B) Medicines
C) Smartphones D) Automobiles
 
Answer & Explanation Answer: A) Petroleum

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

Q:

X and Y entered into partnership with Rs. 700 and Rs. 600 respectively. After another 3 months, X withdrew two- sevenths of his stock but after 3 months, he puts back three-fifths of what he had withdrawn. The total profit at the end of the year is Rs. 726. How much of this should X receive?

A) Rs. 336 B) Rs. 366
C) Rs. 633 D) Rs. 663
 
Answer & Explanation Answer: B) Rs. 366

Explanation:

Profit ratio X & Y = (700 × 3) + (700 × 5/7× 3) + (700× 5/7 + 200 × 3/5 )× 6 : 600 ×12
X:Y= 7320 : 7200= 183:180
∴ X’s share from profit = 183 × 726/(183+180) = Rs. 366.

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams , GATE

Q:

A and B entered into a partnership with Rs.800 and Rs.1600 respectively. From 9th months onward they each decided to invest Rs.100 more on starting of each month. If total annual profit is Rs.7700 then find the profit share of A.

A) Rs.2550 B) Rs.3200
C) Rs.2650 D) Rs.2450
 
Answer & Explanation Answer: C) Rs.2650

Explanation:

A : B = (800 × 8+ 900+ 1000+ 1100+ 1200): (1600 × 8+ 1700+ 1800+ 1900+ 2000)
A : B = 53 : 101
Profit of A ⇒ 7700 ×53/154 = 2650 Rs.

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams , GATE

Q:

As of February 2018, who owns the Kolkata-Based IPL team 'Kolkata Knight Riders'?

A) Sourav Ganguly B) Shah Rukh Khan
C) Subrata Roy D) Aamir Khan
 
Answer & Explanation Answer: B) Shah Rukh Khan

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Filed Under: Sports
Exam Prep: CAT , Bank Exams , AIEEE

Q:

Umar and Avinash started a partnership with investments of Rs. 10000 and Rs. 15000, respectively. But due to a financial emergency the latter had to withdraw his investment after 8 months. In what ratio should the profit of the first twelve months be shared among the duo?

A) 3:2 B) 2:3
C) 1:2 D) 1:1
 
Answer & Explanation Answer: D) 1:1

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Filed Under: Partnership
Exam Prep: Bank Exams

Q:

According to the venn diagram, which number represents 'Boys who participate in athletics and also play cricket'?

A) 1 B) 2
C) 11 D) 3
 
Answer & Explanation Answer: D) 3

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Filed Under: Analytical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT

Q:

Identify the diagram that best represents the relationship among the given classes.

Hindu, Muslim, Indian

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: Image Analysis
Exam Prep: AIEEE , Bank Exams , CAT

Q:

If "A" denotes "added to", "B" denotes "divided by", "C" denotes "multiplied by" and "D" denotes "subtracted from", then 116 B 29 C 6 A 24 D 45 = ?

A) 4 B) 3
C) 5 D) 6
 
Answer & Explanation Answer: B) 3

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