Quantitative Aptitude - Arithmetic Ability Questions

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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Q:

Which of the fallowing is not a leap year?

A) 2000 B) 2008
C) 2009 D) 2012
 
Answer & Explanation Answer: C) 2009

Explanation:

Leap year means the year that can be divisible by 4. From the above options 2009 is not divisible by 4. So it is not a leap year.

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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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Q:

Kavya's birthday is on Tuesday 4th July. On what day of the week will be Anika's Birthday in the same year, if Anika was born on 15th August?

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

Explanation:
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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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Q:

A,B,C,D,E,F,G and H are sitting around a circular table facing the centre but not necessarily in the same order. G sits third to the right of C. E is second to the right of G and 4th to the right of H. B is fourth to the right of C. D is not an immediate neighbour of E. A and C are immediate neighbours.

 Which of the following is/are correct ?

A) F is third to the left of B B) F is second to the right of B
C) B is an immediate neighbour of D D) All of the above
 
Answer & Explanation Answer: B) F is second to the right of B

Explanation:

From the given information, the circular arrangement is

EXP.

Here F is second to the right of B and the remaning all are wrong.

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Q:

40% of 80?

A) 36 B) 32
C) 42 D) 44
 
Answer & Explanation Answer: B) 32

Explanation:

Here 40% of 80 is given as

40100 x 80 = 8 x 4 = 32

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Q:

If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.

A) Rs.1251 B) Rs.1261
C) Rs.1271 D) Rs,1281
 
Answer & Explanation Answer: B) Rs.1261

Explanation:

Clearly, Rate = 5% p.a .,

Time = 3 years

S.I =Rs.1200.

So,Principal

=Rs.(100 x 1200/3x5)

=Rs.8000.

 

Amount

=Rs.[8000 x (1+5/100)³]

=Rs(8000x21/20x21/20x21/20)

= Rs.9261

 

C.I

=Rs.(9261-8000)

=Rs.1261.

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