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Q:

If the simple interest on Rs. 400 for 10 years is Rs. 280, then rate of interest per annum is

A) 7%	B) 712%
C) 714%	D)

Answer & Explanation Answer: A) 7%

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

A train 500 m long, running at a uniform speed, passes a station in 35 sec. If the length of the platform is 221 m, the speed of the train in km/hr is

A) 721/35	B) 74.16
C) 24.76	D) 78.54

Answer & Explanation Answer: B) 74.16

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Filed Under: Problems on Trains
Exam Prep: Bank Exams

Q:

In terms of economics, if it is possible to make someone betteroff without making someone worseoff, then the situation is

A) Inefficient	B) Efficient
C) Optimal	D) Paretosuperior

Answer & Explanation Answer: D) Paretosuperior

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

If a budget is defeated in the legislature of a state then

A) The Finance Minister alone has to resign	B) The Finance Minister concerned has to be suspended
C) The council of Ministers along with the Chief Minister has to resign	D) Reelection have to be ordered

Answer & Explanation Answer: C) The council of Ministers along with the Chief Minister has to resign

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The difference of compound interest and simple interest for 3 years and for 2 years are in ratio 23 : 7 respectively. What is rate of interest per annum (in %)?

A) 200/7	B) 100/7
C) 300/7	D) 400/7

Answer & Explanation Answer: A) 200/7

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Filed Under: Simple Interest
Exam Prep: Bank Exams

Q:

The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?

A) 15	B) 30
C) 50	D) 80

Answer & Explanation Answer: C) 50

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

If A/3 = B/2 = C/5, then what is the value of ratio ${(C + A)}^{2} : {(A + B)}^{2} : {(B + C)}^{2} ?$

A) 9 : 4 : 25	B) 25 : 4 : 9
C) 64 : 25 : 49	D) 49 : 25 : 64

Answer & Explanation Answer: C) 64 : 25 : 49

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Filed Under: Simplification
Exam Prep: Bank Exams

Q:

A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent?

A) 20	B) 30
C) 35	D) 40

Answer & Explanation Answer: A) 20

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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