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Q:

Statement : Let there be a signboard also indicating the directions and instructions.

Assumptions :
a) Signboard can be prepared without using any language.
b) Signboard is the only effective tool to indicate directions.

A) Both a and b are not sufficient B) Only a is sufficient
C) Only b is sufficient D) Both a and b are sufficient
 
Answer & Explanation Answer: A) Both a and b are not sufficient

Explanation:

The statement doesn't give any clue to the use of language. Hence a is not implicit.
b is also not implicit because in the sentence 'only' indicates false meaning.

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Filed Under: Statement and Assumptions
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Q:

Ram and Raj start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Ram takes out Rs.1250 from his capital. After 1 more month, Raj takes out Rs.750 of his capital while Rakesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit ?

A) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840 B) Ram - Rs. 900, Raj - Rs. 800, Rakesh - Rs. 840
C) Ram - Rs. 840, Raj - Rs. 920, Rakesh - Rs. 840 D) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 940
 
Answer & Explanation Answer: A) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840

Explanation:

Initial investment of Ram = Rs.2500.
After 2 months he withdraw Rs.1250 from his capital.
Therefore, we have, Ram invested Rs.2500 for 2 months and Rs.(2500-1250=) 1250 for 4 months.

Raj invested Rs. 2250 for 3 months and Rs.(2250-750=) 1500 for 3 months.

And, Rakesh invested Rs.3500 for 3 months;

Their investing ratio:
Ram:Raj:Rakesh = (2500x2 + 1250x4):(2250x3 + 1500x3):(3500x3)
= (10,000):(11,250):(10,500) = 1000:1125:1050 = 40:45:42

Total profit for 6 months = Rs.2540
Therefore, Ram's share = Rs.(2540 x 40/(40+45+42)) = Rs.(2540 x 40/127) = Rs.800
Raj's share = Rs.(2540 x 45/127) = Rs.900
Rakesh's share = Rs.(2540 x 42/127) = Rs.840

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Filed Under: Partnership
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Q:

In a class of students, if 1 is absent rest of people can be divided into 6 equal parts and if 2 are absent rest of them are divided into 7 equal parts, how many students are present in the class ?

A) 28 B) 19
C) 57 D) 37
 
Answer & Explanation Answer: D) 37

Explanation:

Let the number of students in the class be 'x'.
Given if 1 is absent rest of people can be divided into 6 equal parts i.e (x-1)/6.........(1)
And given if 2 are absent rest of people can be divided into 7 equal parts i.e (x-2)/7.....(2)
From (1)&(2), we get
x-1/6 = ((x-2)/7) + 1
=> x = 37.

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Filed Under: Arithmetical Reasoning
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Q:

Total number of students in 3 classes of a school is 333 . The number of students in class 1 and 2 are in 3:5 ratio and 2 and 3 class are 7:11 ratio . What is the strength of class that has highest number of students ?

A) 125 B) 155
C) 135 D) 165
 
Answer & Explanation Answer: D) 165

Explanation:

Ratio C1:C2 = 3:5 and C2:C3 = 7:11
So C1:C2:C3 = 21 : 35 : 55
Let the strength of three classes are 21x, 35x and 55x respectively, then
Given that 21x + 35x + 55x = 333
=> 111x = 333 or x=3
So strength of the class with highest number of students =55x = 55x3 = 165.

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Filed Under: Ratios and Proportions
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Q:

A wholesale dealer allows a discount of 20 % on the marked price to the retailer. The retailer sells at 5% below the marked price. If the customer pays Rs.19 for an article, what profit is made by the retailer on it ?

A) Rs. 4 B) Rs. 3
C) Rs. 5 D) Rs. 1
 
Answer & Explanation Answer: B) Rs. 3

Explanation:

Let wholesaler dealers marked price = 100%, Retailer's C.P = 80%
And the retailer sells at 5% less than the marked price => S.P = 95%
If S.P of 95% of the retailer costs Rs.19 to customer,so its C.P of 80% will cost 80 x 19/95 = 16
Profit made by the retailer = 19-16 =  Rs.3

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Filed Under: Profit and Loss
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Q:

Each of the following series of statements is followed by four sets. Identify the set that is logically consistent.
(a) The gap between the average starting salaries of teachers and those of other professionals has shrunk in recent years.
(b) The average age of first year teachers is same as it was in 1975.
(c) Starting teachers are no longer underpaid.
(d) The extent of a persons formal education is a measure by which to determine his level of salary.
(e) Over the last few years, the average starting salaries of other professionals have increased by 20%

A) e,b,d B) e,d,b
C) a,c,b D) a,e,c
 
Answer & Explanation Answer: D) a,e,c

Explanation:

The statements  a,e,c  are logically sequenced.

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Filed Under: Theme Detection
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Q:

How many 6-digit even numbers can be formed from the digits 1, 2, 3, 4, 5, 6 and 7 so that the digits should not repeat and the second last digit is even ?

A) 521 B) 720
C) 420 D) 225
 
Answer & Explanation Answer: B) 720

Explanation:

Let last digit is 2
when second last digit is 4 remaining 4 digits can be filled in 120 ways, similarly second last digit is 6 remained 4 digits can be filled in 120 ways.
so for last digit = 2, total numbers=240

 

Similarly for 4 and 6
When last digit = 4, total no. of ways =240
and last digit = 6, total no. of ways =240
so total of 720 even numbers are possible.

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Filed Under: Permutations and Combinations
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Q:

The main components of market risk are 

a) Liquidity risk     b) Interest rate risk       c) Currency risk

A) Only a B) both a and b
C) only c D) all a, b and c
 
Answer & Explanation Answer: D) all a, b and c

Explanation:
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Filed Under: Bank Interview
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