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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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Q:

A metallic sheet is of rectangular shape with dimensions 48 m x 36 m. From each of its corners, a square is cut off so as to make an open box. If the length of the square is 8m, the volume of the box (in m3) is:

A) 4830 B) 5120
C) 6420 D) 8960
 
Answer & Explanation Answer: B) 5120

Explanation:

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Q:

A boat having a length 3 m and breadth 2 m is floating on a lake. The boat sinks by 1cm when a man gets on it. The mass of the man is:

A) 12 kg B) 60 kg
C) 72 kg D) 96 kg
 
Answer & Explanation Answer: B) 60 kg

Explanation:

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Q:

A hollow iron pipe is 21 cm long and its external diameter is 8 cm. If the thickness of the pipe is 1 cm and iron weighs 8g/cu.cm, then the weight of the pipe is

A) 3.6 kg B) 3.696 kg
C) 36 kg D) 36.9 kg
 
Answer & Explanation Answer: B) 3.696 kg

Explanation:

External radius = 4 cm 

Internal radius = 3 cm 

Volume of iron = 227×42-32×21cm3462cm3   

Weight of iron = (462 x 8)gm = 3696 gm = 3.696 kg

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Q:

A large cube is formed from the material obtained by melting three smaller cubes of 3,4 and 5 cm side. What is the ratio of the total surface areas of the smaller cubes and the large cube?

A) 2 : 1 B) 3 : 2
C) 25 : 18 D) 27 : 20
 
Answer & Explanation Answer: C) 25 : 18

Explanation:

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Q:

A cistern 6m long and 4 m wide contains water up to a depth of 1 m 25 cm. The total area of the wet surface is:

A) 49 sq.m B) 50 sq.m
C) 51 sq.m D) 52 sq.m
 
Answer & Explanation Answer: A) 49 sq.m

Explanation:

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