Quantitative Aptitude - Arithmetic Ability Questions

Q:

Shamma lends Rs.40,000 to two of her friends. She gives Rs.24,000 to the first at 8% p.a. simple interest. Shamma wants to make a profit of 10% on the whole. The simple interest rate at which she should lend the remaining sum of money to the second friend is:

A) 13% B) 8.5%
C) 9.5% D) 11.25%
 
Answer & Explanation Answer: A) 13%

Explanation:

The ratio of money she lended is

24000 : 16000 = 3 : 2

Let the rate of interest be R%

 

8%                   R%
     

           10

 

3          :           2

 

R = 13%.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration

10 4510
Q:

Derrick's dad bought new tires for $900 using a credit card. His card has an interest rate of 19%. If he has no other charges on his card and does not pay off his balance at the end of the month, how much money will he owe after one month?

A) 11.25 B) 13.25
C) 14.25 D) 15.25
 
Answer & Explanation Answer: C) 14.25

Explanation:

I=prt

Report Error

View Answer Report Error Discuss

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

0 4509
Q:

[(24)2+(27)2]÷? = 9.0625

A) 121 B) 144
C) 169 D) 81
 
Answer & Explanation Answer: B) 144

Explanation:
Report Error

View Answer Report Error Discuss

4 4499
Q:

The value of log2log5625 is :

A) 2 B) 5
C) 10 D) 15
 
Answer & Explanation Answer: A) 2

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Logarithms
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

16 4497
Q:

Rishi bought 30 kg of sugar at the rate of Rs. 9 per kg and 45 kg of sugar at the rate of Rs. 10 per kg. He mixed both type of sugar and sold the mixture at the rate of Rs. 9.75 per kg. What was his gain or loss in the selling of whole sugar?

A) Rs. 10.75 B) Rs. 11.25
C) Rs. 12 D) Rs. 13.50
 
Answer & Explanation Answer: B) Rs. 11.25

Explanation:

Total quantity of sugar = 45 + 30 = 75

Gain or loss can be calculated as

9.75 x 75 - (30 x 9 + 45 x 10)

= 731.25 - 720

= 11.25

 

Hence, in the overall transaction, Rishi got Rs. 11.25 gain.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

7 4496
Q:

The compound interest on Rs. 8000 for 3 year at 10% p.a. is

A) 2648 B) 2145
C) 2587 D) 2784
 
Answer & Explanation Answer: A) 2648

Explanation:

8000 × 33.1% = 2648

Report Error

View Answer Report Error Discuss

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

18 4496
Q:

A number divided by 296 leaves the remainder 75. If the same number is divided by 37, what will be the remainder ?

A) 0 B) 1
C) 11 D) 8
 
Answer & Explanation Answer: B) 1

Explanation:

Let x be the number.

Given: x = 296n + 75 [where n is quotient] 

 --> (378n) +( 372 + 1) 

 -->37(8n + 2) + 1

Hence, when x divided by 37, 1 is the remainder.

Report Error

View Answer Report Error Discuss

Filed Under: Numbers
Exam Prep: CAT
Job Role: Bank Clerk

8 4494
Q:

What is the least number of squares tiles required to pave the floor of a room 15 m 17 cm long and 9 m 2 cm broad?

A) 814 B) 820
C) 840 D) 844
 
Answer & Explanation Answer: A) 814

Explanation:

Length of largest tile = H.C.F. of 1517 cm and 902 cm = 41 cm. 

Area of each tile = (41 x 41) sq.cm 

Required number of tiles = 1517 x (902/41) x 41 = 814

Report Error

View Answer Report Error Discuss

2 4493