Quantitative Aptitude - Arithmetic Ability Questions

Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 19296 B) 19396
C) 19496 D) 19596
 
Answer & Explanation Answer: A) 19296

Explanation:

The single equivalent payment will be PV + FV.
FV = Future value of $10,000, 12 months later
 $10,000 *(1.0075)/12
 $10,938.07
PV=  Present value of $10,000, 24 months earlier
 $10,000/(1.0075)24
 $8358.31
The equivalent single payment is
$10,938.07 + $8358.31 = $19,296.38

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

2 4613
Q:

There are 1650 students in a college. The difference between the number of boys and girls in the college is 400. What is the percentage of girls in the college ?

A) 49 B) 34
C) 43 D) 38
 
Answer & Explanation Answer: D) 38

Explanation:

Let no. of boys be 'B' and no. of girls be 'G'

Here from given data,

B + G = 1650 .....(1)

B - G = 400 .....(2)

From (1) & (2), we get

2B = 2050

=> B = 1025

=> G = 1650 - 1025 = 625

Hence, the % of girls = 625 x 100/1650

=> 38% (approx).

Report Error

View Answer Report Error Discuss

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

4 4612
Q:

If a cellphone is purchased for Rs.490 and sold for Rs.465.50 find the loss percentage?

A) 10 B) 5
C) 20 D) 15
 
Answer & Explanation Answer: B) 5

Explanation:

loss = C.P - S.P = 490 - 465.50 =24.50 

loss % = (loss x 100)/C.P = (24.50 x 100)/490 = 5%

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

4 4612
Q:

If 6th March, 2005 is Monday, what was the day of the week on 6th March, 2004?

A) Tuesday B) Wednesday
C) Sunday D) Friday
 
Answer & Explanation Answer: C) Sunday

Explanation:

The year 2004 is a leap year. So, it has 2 odd days.

But, Feb 2004 not included because we are calculating from March 2004 to March 2005.

So it has 1 odd day only.

The day on 6th March, 2005 will be 1 day beyond the day on 6th March, 2004.

Given that, 6th March, 2005 is Monday.

6th March, 2004 is Sunday (1 day before to 6th March, 2005).

Report Error

View Answer Report Error Discuss

Filed Under: Calendar

8 4608
Q:

In a class of 80 students and 5 teachers, each student got sweets that are 15% of the total number of students and each teacher got sweets that are 25% of the total number of students. How many sweets were there?

A) 1060 B) 960
C) 860 D) 760
 
Answer & Explanation Answer: A) 1060

Explanation:

From the given data,

80 x 15/100 of 80 + 5 x 80 x 25/100

= 960 + 100

= 1060.

Report Error

View Answer Report Error Discuss

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

8 4605
Q:

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

A) 3 years B) 4 years
C) 2.5 years D) 2 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

P1+20100n > 2P 

 

 

 

Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.

 

 

 

So, n = 4 years.

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

11 4602
Q:

The sum of the ages of 5 children born at the intervals of 3 years each is 50 years. What is the age og the youngest child ?

A) 8 yrs B) 16 yrs
C) 6 yrs D) 4 yrs
 
Answer & Explanation Answer: D) 4 yrs

Explanation:

Let the age of the youngest child is 'X' years.
Then the child elder than the yongest is 'X + 3' yrs
Since each have 3yrs difference upto 5 children
And given that
=> X + X+3 + X+6 + X+9 + X+12 = 50
=> 5X + 30 = 50
=> X = 4 yrs.

Report Error

View Answer Report Error Discuss

Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

5 4602
Q:

Solve the following :

 

196 - 19.6 - 1.96 - 0.196 = ?

 

A) 173.254 B) 173.234
C) 174.234 D) 174.244
 
Answer & Explanation Answer: D) 174.244

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Simplification
Exam Prep: Bank Exams

0 4598