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Q:

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

A) 3.5 years B) 4 years
C) 4.5 years D) 5 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

Time = (100 x 81)/(450 x 4.5) years

= 4 years.

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Filed Under: Simple Interest
Exam Prep: GRE

Q:

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

A) 650 B) 690
C) 698 D) 700
 
Answer & Explanation Answer: C) 698

Explanation:

S.I. for 1 year =  Rs. (854 - 815) = Rs. 39.

S.I. for 3 years = Rs.(39 x 3) = Rs. 117.

Principal = Rs. (815 - 117) = Rs. 698

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Filed Under: Simple Interest
Exam Prep: GRE

Q:

A cistern of capacity 8000 litres measures externally 3.3 m by 2.6 m by 1.1 m and its walls are 5 cm thick. The thickness of the bottom is:

A) 90 cm B) 1 dm
C) 1 m D) 1.1 cm
 
Answer & Explanation Answer: B) 1 dm

Explanation:

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Q:

The slant height of a right circular cone is 10 m and its height is 8 m. Find the area of its curved surface

A) 40pi sq.m B) 50pi sq.m
C) 60pi sq.m D) 70pi sq.m
 
Answer & Explanation Answer: C) 60pi sq.m

Explanation:

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Q:

In a shower, 5 cm of rain falls. The volume of water that falls on 1.5 hectares of ground is:

A) 75 cubic meter B) 750 cubic meter
C) 7500 cubic meter D) 75000 cubic meter
 
Answer & Explanation Answer: B) 750 cubic meter

Explanation:

1 hectare = 10,000 Sq.m

So, Area = (1.5 x 10000) Sq.m

Depth = 5/100 m = 1/20 m

Therefore, Volume = Area X Depth = 15000 x (1/20)= 750 cu.m

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Q:

You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate

A) 6% B) 5%
C) 7% D) 8%
 
Answer & Explanation Answer: A) 6%

Explanation:

1. To find the interest, subtract the principal from the balance.

       $618 - $600 = $18

2.Use the simple interest formula and solve for r.

       I = Prt

      18= 600 x r x (1/2)

       r= 0.06 =6%

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

Q:

50 men took a dip in a water tank 40 m long and 20 m broad on a religious day. If the average displacement of water by a man is 4 cu.m , then the rise in the water level in the tank will be:

A) 20 cm B) 25 cm
C) 35 cm D) 50 cm
 
Answer & Explanation Answer: B) 25 cm

Explanation:

Total volume of water displaced =(4 x 50) cu.m = 200 cu.m

 

Rise in water level = 20040×20=0.25m = 25cm

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Q:

A right triangle with sides 3 cm, 4 cm and 5 cm is rotated the side of 3 cm to form a cone. The volume of the cone so formed is:

A) 12 pi cub.cm B) 15 pi cub.cm
C) 16 pi cub.cm D) 20 pi cub.cm
 
Answer & Explanation Answer: A) 12 pi cub.cm

Explanation:

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