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Q:

A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:

A) 107.04	B) 648
C) 500	D) 648.60

Answer & Explanation Answer: B) 648

Explanation:

Number of shares = $\frac{4455}{8.25}$ = 540.

Face value = Rs. (540 x 10) = Rs. 5400.

Annual income = $R s . (\frac{12}{100} * 5400)$ = Rs. 648.

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Filed Under: Stocks and Shares

Q:

66 cubic centimetres of silver is drawn into a wire 1 mm in diameter. The length of the wire in metres will be:

A) 84	B) 90
C) 168	D) 336

Answer & Explanation Answer: A) 84

Explanation:

Let the length of the wire be h.

Radius r =1/2 mm = 1/20 cm

${πr}^{2} h = 66$

=> h= (66 x 20 x 20) x (7/22) = 8400cm = 84m

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Filed Under: Volume and Surface Area

Q:

Find the time to double your investment at 6%

A) 10years	B) 11years
C) 12years	D) 13years

Answer & Explanation Answer: C) 12years

Explanation:

M=p(1+i)^n

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

Q:

A 6% stock yields 8%. The market value of the stock is:

A) 70	B) 76
C) 75	D) 80

Answer & Explanation Answer: C) 75

Explanation:

For an income of Rs. 8, investment = Rs. 100.

For an income of Rs. 6, investment = $R s . (\frac{100}{8} * 6)$ = Rs. 75.

Market value of Rs. 100 stock = Rs. 75.

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Filed Under: Stocks and Shares

Q:

Given a principal of $12,000 with a compound amount of $17,631.94 and interest rate of 8% compounded anually,what is the time peroid in years?

A) 3years	B) 4years
C) 5years	D) 6years

Answer & Explanation Answer: C) 5years

Explanation:

M=P(1+i)^n

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest

A) 5678	B) 4563
C) 4329	D) 6210.73

Answer & Explanation Answer: D) 6210.73

Explanation:

Bob receives 15-3 = 12 months of 3.5 % interest compounded daily

M=P(1+i/365)^365n

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

Find the compound amount if $1200 is deposited at 8% interest for 11 years if interest is compounded continuously

A) 1456	B) 1456
C) 1693.08	D) 1890

Answer & Explanation Answer: C) 1693.08

Explanation:

M=Pe^yr

2893.08

I=M-P

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

What is a ready queue?

Answer

The processes that are residing in the main memory and are ready and waiting to execute are kept on a list called the ready queue.

Workspace

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Subject: Operating Systems

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