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Q:

A person travels from K to L a speed of 50 km/hr and returns by increasing his speed by 50%. What is his average speed for both the trips ?

A) 55 kmph B) 58 kmph
C) 60 kmph D) 66 kmph
 
Answer & Explanation Answer: C) 60 kmph

Explanation:

Speed on return trip = 150% of 50 = 75 km/hr.

Average speed = (2 x 50 x 75)/(50 + 75) = 60 km/hr.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Calculate the number of bricks, each measuring 25 cm x 15 cm x 8 cm required to construct a wall of dimensions 10 m x 4 cm x 6 m when 10% of its volume is occupied by mortar  ?

A) 720 B) 600
C) 660 D) 6000
 
Answer & Explanation Answer: A) 720

Explanation:

Let the number of bricks be 'N'

10 x 4/100 x 6 x 90/100 = 25/100 x 15/100 x 8/100 x N

10 x 4 x 6 x 90 = 15 x 2 x N => N = 720.

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Filed Under: Area
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

In one year, the Amount collected for social welfare, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the amount was 7920, what was it in the beginning ?

A) 8800 B) 8650
C) 8000 D) 8980
 
Answer & Explanation Answer: C) 8000

Explanation:

Let the amount collected be 'A'
Then, from the given conditions,
A x 110/100 x 90/100 = 7920
A x 0.99 = 7920
A = 7920/0.99
=> 8000

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Filed Under: Percentage
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Q:

A heap of coconuts is divided into groups of 2, 3 and 5 and each time one coconut is left over. The least number of Coconuts in the heap is  ?

A) 63 B) 31
C) 16 D) 27
 
Answer & Explanation Answer: B) 31

Explanation:

To get the least number of coconuts :
LCM = 30 => 30 + 1 = 31

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Filed Under: HCF and LCM
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Q:

What do you understand by Intercompany Settlement ?

Answer

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.


This process is known as Intercompany Settlement. 

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Subject: Accounts Payable Exam Prep: CAT , Bank Exams
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Q:

What is the Debit Balance recovery? How we can recover if we won’t have any future transactions from supplier ?

Answer

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him. When payment is made to the wrong vendor or payment made in excess, in that case overpayment has gone to the vendor, so for us it is vendor debit balance. For debit balance recovery, we can either follow- up with the vendor to send us the excess amount / refund back, or we can adjust that extra amount in future invoices submitted by that vendor. In case no future transactions, we have to follow-up with the vendor, failing which we have to write off this amount. 

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Subject: Accounts Payable Exam Prep: Bank Exams , CAT
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Q:

Running 3/4th of his usual rate, a man is 15min late. Find his usual time in hours  ?

A) 2/3 hrs B) 3/4 hrs
C) 1/3 hrs D) 1/4 hrs
 
Answer & Explanation Answer: B) 3/4 hrs

Explanation:

Walking at 3/4th of usual rate implies that time taken would be 4/3th of the usual time. In other words, the time taken is 1/3rd more than his usual time

 

so 1/3rd of the usual time = 15min
or usual time = 3 x 15 = 45min = 45/60 hrs = 3/4 hrs.

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Filed Under: Time and Distance
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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Q:

One Word substitute :

Extreme old age when a man behaves like a fool

A) Superannuation B) Imbecility
C) Senility D) Dotage
 
Answer & Explanation Answer: D) Dotage

Explanation:
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Filed Under: Analogy
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Job Role: Analyst , Bank Clerk , Bank PO