Quantitative Aptitude - Arithmetic Ability Questions

Q:

Joel travels the first 3 hours of his journey at 60 mph speed and the remaining 5 hours at 24 mph speed. What is the average speed of Joel's travel in kmph ?

A) 38 kmph B) 40 kmph
C) 60 kmph D) 54 kmph
 
Answer & Explanation Answer: C) 60 kmph

Explanation:

Average speed = Total distance / Total time.

Total distance traveled by Joel = Distance covered in the first 3 hours + Distance covered in the next 5 hours.

Distance covered in the first 3 hours = 3 x 60 = 180 miles
Distance covered in the next 5 hours = 5 x 24 = 120 miles

Therefore, total distance traveled = 180 + 120 = 300 miles.

Total time taken = 3 + 5 = 8 hours.

Average speed = 300/8 = 37.5 mph.

we know that 1 mile = 1.6 kms

=> 37.5 miles = 37.5 x 1.6 = 60 kms

Average speed in Kmph = 60 kmph.

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Filed Under: Time and Distance
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Q:

Watson bought a book for Rs. 240 and sold to Johny at a profit  of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ?

A) Rs. 450 B) Rs. 360
C) Rs. 415 D) Rs. 500
 
Answer & Explanation Answer: D) Rs. 500

Explanation:

Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.

S.P = C.P(1 + P%/100)

=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360

Let Johny quoted the marked price of the book as Rs. M

We know, SP = M.P(1 - Discount(%)/100)

Here discount = 10% to Shekar,

S.P for Johny = M(1 - 10/100) = 0.9M

But Johny want to earn 25% profit,

=> S.P = C.P(1 + P%/100)

=> 0.9M = 360(1 + 25/100)

=> M = (360x1.25)/0.9

=> M = Rs. 500

Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.

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Filed Under: Profit and Loss
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7 4130
Q:

Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

A) Rs, 1109 B) Rs. 1107
C) Rs. 1111 D) Rs. 1113
 
Answer & Explanation Answer: B) Rs. 1107

Explanation:

From the given data,

K's profit : L's profit = 7x x 11 : 9x x 7

= 11:9

Therefore, L's profit = 9 x 2460/20 =  Rs. 1107

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Filed Under: Partnership
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Q:

Jaclyn buys $50 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the amount of interest Jaclyn will earn for each quarter

A) 1187.50 B) 1234
C) 1289 D) 1345
 
Answer & Explanation Answer: A) 1187.50

Explanation:

I=(p x r x t)/100

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Filed Under: Simple Interest
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Q:

Find the effective rate of interest for an investment that earns 5 1/2% per year, compounded continuously

A) 5.65% B) 5.75%
C) 5.85% D) 5.95%
 
Answer & Explanation Answer: A) 5.65%

Explanation:

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

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Filed Under: Compound Interest
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Q:

The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

A) Rs. 21 B) Rs. 17
C) Rs. 18 D) Rs. 34
 
Answer & Explanation Answer: D) Rs. 34

Explanation:

BG=TD2PW=(340)23400=Rs.34

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0 4125
Q:

Sreya bought a plot for Rs. 6,00,000,  then sold half of the plot at 10 % profit and rest at 15% profit. What is the total profit % that Sreya gain? 

A) 13.8 % B) 11.4 %
C) 12.5 % D) 14.5 %
 
Answer & Explanation Answer: C) 12.5 %

Explanation:

10% profit at half plot = 600000/2 x 10/100 = Rs. 30,000

15% profit at remaining half plot = 600000/2 x 15/100 = Rs. 45,000

Now, total profit = 30000 + 45000 = 75000

Profit % = 75000/600000 x 100 = 12.5 %

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Q:

Karthik could cover a distance of 200 km in 22 days while resting for 2 hrs. per day. In how many days (approx) he will cover a distance of 250 km while resting for 2 hrs. per day and moving with 2/3rd of the previous speed ?

A) 41.25 days B) 37.5 days
C) 39.75 days D) 40 days
 
Answer & Explanation Answer: A) 41.25 days

Explanation:

Given Karthik can cover the distance of 200 kms resting 2 hrs per day in 22 days.

 

Let the initial speed be '1'

 

Hence, Time = 22(24hrs - 2)

 

Noe new speed = 2/3

 

Let the number of days he take be 'D'

 

Therefore, 2224-2x3200=D24-2x2250

 

D = 11 x 3 x 5/4 = 41.25 days. = 41 1/4 days.

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Filed Under: Time and Distance
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