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Q:

A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:

A) gains Rs. 55	B) gains Rs. 50
C) loses Rs. 30	D) gains Rs. 30

Answer & Explanation Answer: B) gains Rs. 50

Explanation:

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Filed Under: True Discount

Q:

A number is selected at random from the numbers 1 to 30. What is the probability that it is divisible by either 3 or 7 ?

A) 1/30	B) 2/30
C) 1/25	D) 1/2

Answer & Explanation Answer: A) 1/30

Explanation:

Let A be event of selecting a number divisible by 3. B be the event of selecting a number divisible by 7.

A = { 3, 6, 9, 12, 15, 18, 21, 24, 27, 30 }, so n(A)=10
B = { 7, 14, 21, 28 }, n(B)= 4

Since A and B are not mutually exclusive So :

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Filed Under: Probability

Q:

The probabilities that drivers A, B and C will drive home safely after consuming liquor are 2 / 5, 3 / 7 and 3 / 4, respectively. What is the probability that they will drive home safely after consuming liquor ?

A) 3/70	B) 4/70
C) 9/70	D) 1/50

Answer & Explanation Answer: C) 9/70

Explanation:

Let A be the event of driver A drive safely after consuming liquor.

Let B be the event of driver B drive safely after consuming liquor.

Let C be the event of driver C drive safely after consuming liquor.

P(A)=2/5,P(B)=3/7,P(C)=3/4

The events A, B and C are independent . Therefore,

$P (A \cap B \cap C) = P (A) P (B) P (C) = \frac{2}{5} * \frac{3}{7} * \frac{3}{4} = \frac{9}{70}$

Therefore, The probability that all the drivers will drive home safely after consuming liquor is 9/70

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Filed Under: Probability

Q:

$i f \log \frac{a}{b} + \log \frac{b}{a} = \log (a + b), t h e n$

A) a + b = 1	B) a - b = 1
C) a = b	D) ab=1

Answer & Explanation Answer: A) a + b = 1

Explanation:

$i f \log \frac{a}{b} + \log \frac{b}{a} = \log (a + b), t h e n$

$\log (a + b) = \log (\frac{a}{b} \times \frac{b}{a}) = \log 1$

so, a+b=1

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Filed Under: Logarithms
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

A three-digit number is formed with the digits 1, 2, 3, 4, 5 at random. What is probability that number formed is divisible by 5 ?

A) 1/4	B) 1/5
C) 1/2	D) 3/4

Answer & Explanation Answer: B) 1/5

Explanation:

If a number ends with 5, 0 then the number will be divisible by 5
Here only 5 is present, end place will be fixed by 5 so,

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Filed Under: Probability

Q:

The letters of the word CASTIGATION is arranged in different ways randomly. What is the chance that vowels occupy the even places ?

A) 0.04	B) 0.043
C) 0.047	D) 0.05

Answer & Explanation Answer: B) 0.043

Explanation:

Vowels are A I A I O,

C A S T I G A T I O N

(O) (E) (O) (E) (O) (E) (O) (E) (O) (E) (O)

So there are 5 even places in which five vowels can be arranged and in rest of 6 places 6 constants can be arranged as follows :

$n (E) = \frac{5 P_{5}}{2! * 2! (A, I a r e 2 t i m e s)} * \frac{6 P_{6}}{2! (T i s 2 t i m e s)} = 21600$

$n (S) = \frac{11!}{2! * 2! * 2! (A, I a r e 2 t i m e s)} = 4989600$

$\frac{21600}{4989600} = 0.043$

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Filed Under: Probability
Exam Prep: GRE

Q:

Course materials are sent to students by a distance teaching institution. The probability that they will send a wrong programme’s study material is 1/5. There is a probability of 3/4 that the package is damaged in transit, and there is a probability of 1/3 that there is a short shipment. What is the probability that the complete material for the course arrives without any damage in transit?

A) 4/5	B) 2/3
C) 1/2	D) 2/15

Answer & Explanation Answer: D) 2/15

Explanation:

Probability of sending the correct material is 4/5

Probability of the material not being damaged in transit is 1/4

Probability that there is no short shipment = 2/3

∴ Required probability =4/5 x 1/4 x 2/3 = 2/15

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Filed Under: Quantitative Aptitude - Arithmetic Ability

Q:

Which of the following statements is not correct?

A) log10 = 1	B) log (2 + 3) = log (2 x 3)
C) log1 = 0	D) log (1 + 2 + 3) = log 1 + log 2 + log 3

Answer & Explanation Answer: B) log (2 + 3) = log (2 x 3)

Explanation:

log (2 + 3) = log 5

log (2 x 3) = log 2 + log 3

log (2 + 3) $\neq$ log (2 x 3)

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Filed Under: Logarithms
Exam Prep: Bank Exams
Job Role: Bank PO

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