Quantitative Aptitude - Arithmetic Ability Questions

Q:

Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quartely.

A) Rs.2522 B) Rs.2422
C) Rs.3522 D) Rs.2322
 
Answer & Explanation Answer: A) Rs.2522

Explanation:

Principal = Rs.16,000;

Time=9 months = 3 quarters;

Amount

=Rs.[16000x(1+5/100)³] =[16000x21/20x21/20x21/20]

= Rs.18522.

 

C.I

= Rs.(18522 - 16000)

= Rs.2522.

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Filed Under: Compound Interest
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0 5914
Q:

The sum of the digits of a two-digits number is 10,while when the digits are reversed, the number decreases by 54. Find the changed number ?

A) 28 B) 19
C) 37 D) 46
 
Answer & Explanation Answer: A) 28

Explanation:

Let the original number is 82 i.e 8 + 2 = 10 and when the digits are reversed i.e 28
The difference is 82 - 28 = 54 i.e, the number is decreased by 54.

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Filed Under: Numbers
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7 5913
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 5910
Q:

Two equal sums were lent, one at the rate of 11% per annum for five years and the other at the rate of 8% per annum for six years, both under simple interest. If the difference in interest accrued in the two cases is Rs 1008. Find the sum?

A) Rs. 14,400 B) Rs. 15,600
C) Rs. 14,850 D) Rs. 15,220
 
Answer & Explanation Answer: A) Rs. 14,400

Explanation:

Let the required Sum = Rs.S

 From the given data,

 1008 = [(S x 11 x 5)/100] - [(S x 8 x 6)/100]

 => S = Rs. 14,400.

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Filed Under: Simple Interest
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18 5908
Q:

A bag contains 5 red smileys, 6 yellow smileys and 3 green smileys. If two smileys are picked at random, what is the probability that both are red or both are green in colour?

A) 7 B) 1/7
C) 3/7 D) 0
 
Answer & Explanation Answer: B) 1/7

Explanation:

Given total number of smileys = 5 + 6 + 3 = 14

Now, required probability = 

5C214C2 + 3C214C2 = 1091 + 391 = 1391 = 17

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Filed Under: Probability
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17 5907
Q:

On Rs. 3500 invested at a simple interest rate of 7 per cent per annum, Rs. 500 is obtained as interest in certain years. In order to earn Rs. 800 as interest on Rs. 4900 in the same number of years, what should be the rate of simple interest?

A) 8% B) 7.5%
C) 9% D) 8.5%
 
Answer & Explanation Answer: A) 8%

Explanation:

From the given data,

3500x7xt/100 = 500

=> t = 100/49 years

Now, in the second case

The interest per year = 49/100 x 800 = 392

 => 4900 x 1 x r/100 = 392

=> r = 8%

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Filed Under: Simple Interest
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10 5904
Q:

If a person having Rs. 2000 and he want to distribute this to his five children in the manner that each son having Rs. 30 more than the younger one , what will be the share of youngest child ?

A) Rs. 175 B) Rs. 325
C) Rs. 340 D) Rs. 260
 
Answer & Explanation Answer: C) Rs. 340

Explanation:

Assume first child (the youngest) get = Rs. x

According to the question ;
each son having Rs. 30 more than the younger one

Second child will get = Rs. x + 30
Third child will get = Rs. x + 30 + 30 = x + 60
Forth child will get = Rs. x + 30 + 30 + 30 = x + 90
Fifth child will get = Rs. x + 30 + 30 + 30 + 30 = x + 120

Total amount they got = Rs. 2000

x + (x+30) + (x+60) + (x+90) + (x+120) = 2000
5x + 300 = 2000
5x = 1700
x = Rs. 340
So the youngest child will get Rs. 340.

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Filed Under: Chain Rule
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22 5890
Q:

What was the day of the week on 17th June, 1998?

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

Explanation:

17th June, 1998 = (1997 years + Period from 1.1.1998 to 17.6.1998)

Odd days in 1600 years = 0

Odd days in 300 years = (5 x 3) 1

97 years has 24 leap years + 73 ordinary years.

Number of odd days in 97 years ( 24 x 2 + 73) = 121 = 2 odd days.

Jan. Feb. March April May June

(31 + 28 + 31 + 30 + 31 + 17) = 168 days

168 days = 24 weeks = 0 odd day.

Total number of odd days = (0 + 1 + 2 + 0) = 3.

Given day is Wednesday

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Filed Under: Calendar

9 5884