Free Practice Questions for Competitive Exams, Interviews, Certifications

Q:

Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

A) loss of 24%	B) gain of 28%
C) loss of 28%	D) gain of 20%

Answer & Explanation Answer: B) gain of 28%

Explanation:

Money invested by Rajan before 1 year was = Rs. 100000

Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds

Now, after 1 year invested amount was appreciated by 20%

=> 20% of 1333.33 = 266.66

Total investment becomes = 1333.33 + 266.66 = 1600 Pounds

This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000

Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year

Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

9 3102

Q:

Rs. 2018 are to be divided among P, Q and R in such a way that if P gets Rs. 5 then Q must get Rs. 12 and if Q gets Rs. 4 then R must get Rs. 5.50. The share of R will exceed that of Q by

A) Rs. 127	B) Rs. 271
C) Rs. 721	D) Rs. 217

Answer & Explanation Answer: B) Rs. 271

Explanation:

ATQ,

P : Q = 5 : 12 = 10 : 24

Q : R = 4 : 5.5 = 24 : 33

P:Q:R = 10 : 24 : 33

Sum of the ratios = 10 + 24 + 33 = 67

Difference between the share of R & Q

= (33-24/67 x 2018)

= 9/67 x 2018

= Rs. 271.

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

9 2824

Q:

The Home Rule Movement in India was started by

A) S.N. Banerjee and W.C Banerjee	B) Annie Besant and Tilak
C) Mahatma Gandhi and Motilal Nehru	D) Annie Besant and Gokhale

Answer & Explanation Answer: B) Annie Besant and Tilak

Explanation:

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Filed Under: General Awareness

9 5377

Q:

What do you mean by motivation?

Answer

Motivation means to arouse your hidden qualities and use them against something to overcome. As only motivation makes you successful in life, Without motivation one is like without any goal in life. Motivation is the only factor that could even make an adrift person to become successful.

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Subject: Motivation

9 2067

Q:

Famous Tennis player Stefan Edberg belongs to