st Search

Q:

An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest?

A) 2years	B) 3years
C) 4years	D) 5years

Answer & Explanation Answer: C) 4years

Explanation:

T = (100 x I)/ (P x r)

Report Error

View Answer Report Error Discuss

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

Q:

When $720 is invested for 36 months it earns $205.20 simple interest. Find the yearly interest rate.

A) 7.5%	B) 8.5%
C) 9.5%	D) 10.5%

Answer & Explanation Answer: C) 9.5%

Explanation:

r = (100 x I)/(P x T)

Report Error

View Answer Report Error Discuss

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

Q:

A bank offers 9% p.a. simple interest on an investment. At the end of 4 years the interest earned was $215. How much was invested?

A) 597.22	B) 345
C) 456	D) 378

Answer & Explanation Answer: A) 597.22

Explanation:

I = (p x r x t)/100

Report Error

View Answer Report Error Discuss

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

Q:

Jan invested $210 with a building society in a fixed deposit account that paid 8% p.a. simple interest for 18 months. How much did she receive after the 18 months?

A) 434	B) 345
C) 235.20	D) 233.20

Answer & Explanation Answer: C) 235.20

Explanation:

I = (p x r x t)/100

I = $25.20

A = P+I

A = 235.20

Report Error

View Answer Report Error Discuss

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

Q:

Find the simple interest charged on borrowing $325 for 5 years at 3% p.a. (per annum or per year) interest.

A) 59	B) 46
C) 48.75	D) 34.75

Answer & Explanation Answer: C) 48.75

Explanation:

I= $\frac{P T R}{100}$

Report Error

View Answer Report Error Discuss

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

Q:

What is multicast routing?

Answer

Sending a message to a group is called multicasting, and its routing algorithm is called multicast routing

Workspace

Report Error

View answer Workspace Report Error Discuss

Subject: Networking
Job Role: Network Engineer

Q:

A runs $1 \frac{2}{3}$ times as fast as B. If A gives B a start of 80 m, how far must the winning post be so that A and B might reach it at the same time?

A) 200 m	B) 300m
C) 270m	D) 160m

Answer & Explanation Answer: A) 200 m

Explanation:

Ratio of the speeds of A and B =5 : 1 = 5 :3

Thus, in race of 5 m, A gains 2 m over B.

2 m are gained by A in a race of 5 m.

80 m will be gained by A in race of $(\frac{5}{2} * 80)$ m =200m

=> Winning post is 200 m away from the starting point.

Report Error

View Answer Report Error Discuss

Filed Under: Races and Games

Q:

In 100 m race, A covers the distance in 36 seconds and B in 45 seconds. In this race A beats B by:

A) 20m	B) 25m
C) 22.5m	D) 9m

Searching for "st"

Quick Links