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Q:

You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate

A) 6%	B) 5%
C) 7%	D) 8%

Answer & Explanation Answer: A) 6%

Explanation:

1. To find the interest, subtract the principal from the balance.

$618 - $600 = $18

2.Use the simple interest formula and solve for r.

I = Prt

18= 600 x r x (1/2)

r= 0.06 =6%

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

Q:

50 men took a dip in a water tank 40 m long and 20 m broad on a religious day. If the average displacement of water by a man is 4 cu.m , then the rise in the water level in the tank will be:

A) 20 cm	B) 25 cm
C) 35 cm	D) 50 cm

Answer & Explanation Answer: B) 25 cm

Explanation:

Total volume of water displaced =(4 x 50) cu.m = 200 cu.m

Rise in water level = $(\frac{200}{40 \times 20})$ =0.25m = 25cm

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Filed Under: Volume and Surface Area

Q:

A metallic sheet is of rectangular shape with dimensions 48 m x 36 m. From each of its corners, a square is cut off so as to make an open box. If the length of the square is 8m, the volume of the box (in m³) is:

A) 4830	B) 5120
C) 6420	D) 8960

Answer & Explanation Answer: B) 5120

Explanation:

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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.

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Filed Under: Volume and Surface Area

Q:

The length of a rectangular plot is 20 metres more than its breadth. If the cost of fencing the plot @ 26.50 per metre is Rs. 5300, what is the length of the plot in metres?

A) 40	B) 120
C) 50	D) None of these

Answer & Explanation Answer: D) None of these

Explanation:

Let breadth = x metres.

Then, length = (x + 20) metres.

Perimeter = 5300 m = 200 m. 26.50

2[(x + 20) + x] = 200

2x + 20 = 100

2x = 80

x = 40.

Hence, length = x + 20 = 60 m.

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Filed Under: Volume and Surface Area

Q:

The difference between the length and breadth of a rectangle is 23 m. If its perimeter is 206 m, then its area is:

A) 1520 sq.m	B) 2420 sq.m
C) 2480 sq.m	D) 2520 sq.m

Answer & Explanation Answer: D) 2520 sq.m

Explanation:

We have: (l - b) = 23 and 2(l + b) = 206 or (l + b) = 103.

Solving the two equations, we get: l = 63 and b = 40.

Area = (l x b) = (63 x 40) sq.m

= 2520 sq.m

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Filed Under: Volume and Surface Area

Q:

The diagonal of a rectangle is sqrt(41) cm. and its area is 20 sq. cm. The perimeter of the rectangle must be:

A) 9 cm	B) 18 cm
C) 20 cm	D) 41 cm

Answer & Explanation Answer: B) 18 cm

Explanation:

$l^{2} + b^{2}$ = ${(d i a g o n a l)}^{2}$ =40

Also, lb=20

${(l + b)}^{2} = l^{2} + b^{2} + 2 l b$ = 41 + 40 =81

(l + b) = 9.

Perimeter = 2(l + b) = 18 cm.

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Filed Under: Volume and Surface Area

Q:

A towel, when bleached, was found to have lost 20% of its length and 10% of its breadth. The percentage of decrease in area is:

A) 10%	B) 10.08%
C) 20%	D) 28%

Answer & Explanation Answer: D) 28%

Explanation:

Let original length = x and original breadth = y.

Decrease in area = xy -[(80/100x) * (90/100y)]

=[(xy-(18/25)xy)]

=(7/25)xy

Decrease % =[(7/25)xy * (1/xy) * 100] =28%

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Filed Under: Volume and Surface Area

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