Q:

In how many months will Rs 8,000 yield Rs 2,648 as compound interest at 20% per annum compounded semi-annually?

A) 18 B) 24
C) 12 D) 30
 
Answer & Explanation Answer: A) 18

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Filed Under: Compound Interest
Exam Prep: Bank Exams

1 1492
Q:

The amount (in Rs) received at 10% per annum compound interest after 3 yrs is Rs 1,19,790. What was the principal?

A) 90000 B) 1,00,000
C) 80000 D) 75000
 
Answer & Explanation Answer: A) 90000

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Exam Prep: Bank Exams

0 1164
Q:

If the amount on a certain principal in 3 years at 12% rate of interest compounded annually is Rs 12,000, what will be the amount (in Rs) after the 4th year?

A) 14330 B) 15440
C) 13440 D) 14550
 
Answer & Explanation Answer: C) 13440

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Filed Under: Compound Interest
Exam Prep: Bank Exams

2 1798
Q:

B starts 4 minutes after A from the same point, for a place at a distance of 7 miles from the starting point. A on reaching the destination turns back and walks a mile where he meets B. If A's speed is a mile in 8 minutes then B's speed is a mile in ____ minutes.

A) 9 B) 12
C) 10 D) 8
 
Answer & Explanation Answer: C) 10

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Filed Under: Time and Distance
Exam Prep: Bank Exams

8 3136
Q:

Two cars A and B travel from one city to another, at speeds of 72 km/hr and 90 km/hr respectively. If car B takes 1 hour lesser than car A for the journey, then what is the distance (in km) between the two cities?

A) 270 B) 360
C) 240 D) 400
 
Answer & Explanation Answer: B) 360

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Filed Under: Time and Distance
Exam Prep: Bank Exams

2 1966
Q:

Train A takes 45 minutes more than train B to travel a distance of 450 km. Due to engine trouble speed of train B falls by a quarter, so it takes 30 minutes more than Train A to complete the same journey. What is the speed of Train A (in km/hr)?

A) 90 B) 120
C) 100 D) 110
 
Answer & Explanation Answer: C) 100

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Filed Under: Problems on Trains
Exam Prep: Bank Exams

6 2525
Q:

A racing car going at an average speed of 108 km/hr takes 15 minutes to complete a lap on a racing track. By how much should it increase its speed (inkm/hr) to complete the lap in 12 minutes?

A) 24 B)  21
C) 27 D) 30
 
Answer & Explanation Answer: C) 27

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Filed Under: Time and Distance
Exam Prep: Bank Exams

0 1407
Q:

A man's annual income has increased by Rs 5 lakhs but the tax on income that he has to pay has reduced from 12% to 10%. He now pays Rs 10,000 more income tax. What is his increased income (in Rs lakhs)?

A) 20 B) 25
C) 15 D) 10
 
Answer & Explanation Answer: B) 25

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Filed Under: Percentage
Exam Prep: Bank Exams

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