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Q:

The series of differences between consecutive prime numbers is represented as Cp1, Cp2, Cp3, .... Cpn , Whare Cp1 is the difference between the second and the first prime number. Find the sum of series when n = 23, given that the 23rd prime number is 83 ? 

A) 87 B) 81
C) 83 D) 85
 
Answer & Explanation Answer: A) 87

Explanation:

Cp1 = p2 - p1 ,
Cp2 = p3 - p2
..
..
..
Cp23 = p24 - p23
Sum of series = (p2-p1) + (p3-p2) + .....(p23-p22) + (p24-p23)
All terms get cancelled, except p1 = 2 and p24 = 89
So Sum = -p1 + p24
Sum of series = -2 + 89 = 87

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Filed Under: Problems on Numbers
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Q:

Total 100 members are writing exam. In that 48 members are writing first exam, 45 members are writing second exam and 38 members are writing third exam. 5 members are writing all the three exams. How many members are writing 2 exams ?

A) 26 B) 23
C) 27 D) 21
 
Answer & Explanation Answer: D) 21

Explanation:

Total number of exams written by 100 students = 48 + 45 + 38 = 131
Now let us say x members are writing only 1 exam, y members are writing only 2 exams, z members are writing only 3 exams.
Therefore, x + 2y + 3z = 131 also x + y + z = 100.
Given that z = 5. So x + 2y = 116 and x + y = 95.
Solving we get y = 21.
So 21 members are writing exactly 2 exams.

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Filed Under: Problems on Numbers
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Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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Subject: Accounts Receivable Exam Prep: Bank Exams , CAT
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Q:

Which day is declared as " International Day of Sport for Development and Peace (IDSDP) " by the UN General Assembly ?

A) 5th April B) 6th April
C) 7th April D) 8th April
 
Answer & Explanation Answer: B) 6th April

Explanation:

6 April was declared as the International Day of Sport for Development and Peace (IDSDP) by the UN General Assembly. On the occasion of the 2017 International Day of Sport for Development and Peace (IDSDP), the United Nations Office on Sport for Development and Peace (UNOSDP) launches the digital campaign #WePlayTogether to encourage organizations and individuals.

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Filed Under: Important Days and Years
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Q:

Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?

A) Rs. 7500 B) Rs. 4520
C) Rs. 8750 D) Rs. 6350
 
Answer & Explanation Answer: A) Rs. 7500

Explanation:

Arun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3

B's share = 25000 x 3/10 = Rs. 7500.

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Filed Under: Partnership
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Q:

Fact 1: All hats have brims.
Fact 2: There are black hats and blue hats.
Fact 3: Baseball caps are hats.

If the first three statements are facts, which of the following statements must also be a fact?
I. All caps have brims.
II. Some baseball caps are blue.
III. Baseball caps have no brims.

A) I only B) II only
C) I, II, and III D) None of the statements is a fact.
 
Answer & Explanation Answer: D) None of the statements is a fact.

Explanation:

All baseball caps have brims, since baseball caps are hats (Fact 3) and all hats have brims (Fact 1). This rules out statement III—but it doesn’t follow that all caps, a category that may include caps that are not baseball caps, have brims (statement I). Statement II cannot be confirmed, either, since it is possible, given the information, that all baseball caps are black.

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Filed Under: Statement and Conclusions
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Q:

Afreena walks 8 km towards East and then walks 13 km back, then she turns left and walks 4 km; then walks 5 km after turning left; she turns left again and walks 3 km. How far is she from the starting point ?

A) 3 km B) 2 km
C) 1 km D) 6 km
 
Answer & Explanation Answer: C) 1 km

Explanation:

download_(1)1491459526.png image

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Filed Under: Direction Sense Test
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Q:

Raman is performing yoga with his head down and legs up. His face is towards the west. In which direction, will his left hand be ?

A) North B) North - East
C) East D) West
 
Answer & Explanation Answer: A) North

Explanation:

download1491457873.png image

So he is facing west his left hand will be in North direction.

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Filed Under: Direction Sense Test
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