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Q:

K and L start the business, with L investing the total capital of Rs. 40,000 on the condition that K pays L interest @ 8% per annum on his half of the capital. L is a working partner and receives Rs.1200 per month from the total profit and any profit reamaining is equally shared by both of them. At the end of the year, it was found that the income of L is twice that of K. Find the total profit for the year ?

A) Rs.44000	B) Rs.46400
C) Rs.480800	D) Rs.46000

Answer & Explanation Answer: B) Rs.46400

Explanation:

Interest received by L from K = 8% of half of Rs.40,000

$\Rightarrow \frac{8}{100} \times 20000 = 1600$

Amount received by L per annum for being a working partner = 1200 x 12 = Rs.14,400

Let 'A' be the part of remaing profit that 'L' receives as his share.

Total income of 'K' = only his share from the reamaing profit

= 'A', as both share equally.

Given income of L = Twice the income of K

--> (1600 + 14400 + A ) = 2A

--> A= Rs.16000

Thus total profit = 2A + Rs.14,400= 2(16000) + 14400

= 32000 +14400 = Rs.46,400.

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Filed Under: Partnership
Exam Prep: CAT
Job Role: Bank PO

Q:

First day of the month is Tuesday and Last day of the same month is Monday. Then which one will be that month ?

A) January	B) February
C) March	D) August

Answer & Explanation Answer: B) February

Explanation:

We know that the day repeats after every seven days.

Given that first day of the month is Tuesday

i.e 1st - Tuesday

1+7 = 8 - Tuesday

8+7 =15- Tuesday

15+7=22-Tuesday

22+7=29-Tuesday

But given that last day of the same month is Monday

It is possible only in he month of Febuary with 28 days.

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Filed Under: Data Sufficiency
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

A man rows his boat 60 km downstream and 30 km upstream taking 3 hrs each time. Find the speed of the stream ?

A) 5 kmph	B) 10 kmph
C) 15 kmph	D) 45 kmph

Answer & Explanation Answer: A) 5 kmph

Explanation:

Speed of the boat downstream s=a/t= 60/3 = 20 kmph

Speed of the boat upstream s= d/t = 30/3= 10 kmph

Therefore, The speed of the stream = $\frac{s p e e d o f d o w n s t r e a m - s p e e d o f u p s t r e a m}{2}$ =5 kmph

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Filed Under: Boats and Streams
Exam Prep: GATE
Job Role: Bank Clerk

Q:

What would be the next number in the series

9, 8, 18, 6, 36, 4, 72, 2, 144, ?

A) 288	B) 1
C) 0	D) 576

Answer & Explanation Answer: C) 0

Explanation:

Here there are combination of two series.

1) 9, 18, 36, 72, 144

2) 8, 6, 4, 2, 0

Therefore, The next number in the given series is 0.

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams
Job Role: Bank Clerk

Q:

What value replaces " ? " in the below figure ?

k551483003228.jpg image

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

Answer & Explanation Answer: D) 1

Explanation:

Here it follows

$\frac{42}{6} - \frac{15}{3} = 2$ and $\frac{38}{19} - \frac{20}{10} = 0$

In the same way $\frac{39}{9} - \frac{9}{3} = 1$

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Filed Under: Inserting The Missing Character
Exam Prep: Bank Exams
Job Role: Bank Clerk

Q:

Veeru is the brother of the son of Raghu's son. Then what is the relationship of Veeru to Raghu ?

A) Grand son	B) Brother
C) Cousin	D) Nephew

Answer & Explanation Answer: A) Grand son

Explanation:

k441483001425.jpg image

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Filed Under: Blood Relations
Exam Prep: CAT
Job Role: Analyst

Q:

Arun is father of 'B' but 'B' is not son of Arun then what is the relationship of 'B' to Arun ?

A) Mother	B) Grand son
C) Daughter	D) Grand daughter

Answer & Explanation Answer: C) Daughter

Explanation:

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Filed Under: Blood Relations
Exam Prep: CAT
Job Role: Bank Clerk

Q:

Mr. Karthik drives to work at an average speed of 48 km/hr. Time taken to cover the first 60% of the distance is 20 minutes more than the time taken to cover the remaining distance. Then how far is his office ?

A) 40 km	B) 50 km
C) 70 km	D) 80 km

Answer & Explanation Answer: D) 80 km

Explanation:

Let the total distance be 'x' km.

Time taken to cover remaining 40% of x distance is $t 1 = \frac{40 \times x}{100 \times 48}$

But given time taken to cover first 60% of x distance is $t 2 = t 1 + \frac{20}{60} h r s$

$t 2 = \frac{60 \times x}{100 \times 48}$

$∴ \frac{60 \times x}{100 \times 48} = \frac{40 \times x}{100 \times 48} + \frac{20}{60}$

x=80 km.

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Filed Under: Time and Distance
Exam Prep: CAT
Job Role: Bank PO

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