Quantitative Aptitude - Arithmetic Ability Questions

Q:

The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ?

A) Rs. 6000 B) Rs. 5550
C) Rs. 7500 D) Rs. 6580
 
Answer & Explanation Answer: A) Rs. 6000

Explanation:

Let the sum invested be Rs. P

Let the rate of interest be R% per annum

=> Interest earned for 5 years = (P x 5 x R/100) = PR/20

Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)%

=> SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100

Hence,

PR/20 + 10P/100 = PR/20 + 600

=> P = 6000

Therefore, the sum invested is Rs. 6000

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Filed Under: Simple Interest
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Q:

A train-A passes a stationary train B and a pole in 24 sec and 9 sec respectively. If the speed of train A is 48 kmph, what is the length of train B?

A) 200 mts B) 180 mts
C) 160 mts D) 145 mts
 
Answer & Explanation Answer: A) 200 mts

Explanation:

Length of train A = 48 x 9 x 5/18 = 120 mts

Length of train B = 48 x 24 x 5/18 - 120

=> 320 - 120 = 200 mts.

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Filed Under: Time and Distance
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4 5589
Q:

The Manager of a company accepts only one employees leave request for a particular day. If five employees namely Roshan, Mahesh, Sripad, Laxmipriya and Shreyan applied for the leave on the occasion of Diwali. What is the probability that Laxmi priya’s leave request will be approved ?

A) 1 B) 1/5
C) 5 D) 4/5
 
Answer & Explanation Answer: B) 1/5

Explanation:

Number of applicants = 5
On a day, only 1 leave is approved.
Now favourable events =  1 of 5 applicants is approved
Probability that Laxmi priya's leave is granted = 1/5.

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Filed Under: Probability
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6 5587
Q:

A user type a content on 20 sheets, each sheet consist of 55 lines, and each line can have 66 characters. The content is again retyped on another set of sheets, these new sheets have 65 lines and each line can take 70 characters. Calculate the reduction in sheets ?

A) 2 or 60% B) 4 or 20%
C) 6 or 10% D) 8 or 5%
 
Answer & Explanation Answer: B) 4 or 20%

Explanation:

20 x 55 x 66 = L x 65 x 70
Here L = 72,600/4550 = 15.95 =~ 16
Reduction is 20-16 = 4

which is 20% reduction.

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Filed Under: Percentage
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Q:

If A = log321875 and B = log2432187, then which one of the following is correct?

A) A B) A=B
C) A>B D) can't be determined
 
Answer & Explanation Answer: B) A=B

Explanation:

 Given A = log321875 and B = log2432187

B = log352187 = log321875

=> A

Therefore, A = B

   

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Filed Under: Logarithms
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Q:

75% of 450 + ? % of 560 = 600 

A) 52.385 B) 46.875
C) 42.155 D) 40.555
 
Answer & Explanation Answer: B) 46.875

Explanation:

75% of 450 + ? % of 560 = 600 

75 x 450100 + ? x 560100 = 60075 x 92 + 28p5 = 60075x9x5 + 56p10 = 6003375 + 56p = 600056p = 2625p = 46.875

 

Hence, in the given question ? = 46.875

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Filed Under: Percentage
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Q:

The sum of three numbers is 98. If the ratio of the first to the second is 2:3. And that of the second to the third is 5:8, then the second number is:

A) 10 B) 15
C) 20 D) 30
 
Answer & Explanation Answer: D) 30

Explanation:

Let the three parts M, N, O.
Then, M:N = 2:3 and N:O = 5:8
= (5 x 3/5) : (8 x 3/5) = 3:24/5

M:N:O = 2:3:24/5

= 10:15:24 => N = 98 x 15/49 = 30.

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Filed Under: Ratios and Proportions
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Q:

A $1000 face value Series S50 compound interest Canada Savings Bond (CSB) was presented to a credit union branch for redemption.What amount did the owner receive if the redemption was requested on:January 17, 2001?

A) 1206 B) 1306
C) 1406 D) 1506
 
Answer & Explanation Answer: B) 1306

Explanation:

I  = ptr

Therefore, the total amount the owner received on January 17, 2001 was

$1295.57 + $10.47 = $1306.04

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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3 5574