Quantitative Aptitude - Arithmetic Ability Questions

Q:

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

A) 7401.22 B) 3456
C) 4567 D) 7890
 
Answer & Explanation Answer: A) 7401.22

Explanation:

With slight modifications, the basic formula can be made to deal with compounding at intervals other than annually.

 

Since the compounding is done at six-monthly intervals, 4 per cent (half of 8 per cent) will be added to the value on each occasion.

 

Hence we use r = 0.04. Further, there will be ten additions of interest during the five years, and so n = 10. The formula now gives:

 

V = P(1 + r)10 = 5,000 x (1.04)10 = 7,401.22

 

Thus the value in this instance will be £7,401.22.

 

In a case such as this, the 8 per cent is called a nominal annual

 

rate, and we are actually referring to 4 per cent per six months.

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Q:

Prabhas is twice as good a workman as Rana and finishes a piece of work in 3 hours. In how many hours they together could finish that piece of work?

A) 3 hrs B) 3.5 hrs
C) 2.5 hrs D) 2 hrs
 
Answer & Explanation Answer: D) 2 hrs

Explanation:

Given Prabhas is twice as good a workman as Rana.

Prabhas finishes the work in 3 hrs

=> Rana finishes the work in 6 hrs.

Number of hours required together they could finish the work

= 3 x 6 / 3 + 6

= 18/9

= 2 hrs.

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Filed Under: Time and Work
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Q:

In how many ways can letter of the word RAILINGS arrange so that R and S always come together?

A) 1260 B) 2520
C) 5040 D) 1080
 
Answer & Explanation Answer: C) 5040

Explanation:

The number of ways in which the letters of the word RAILINGS can be arranged such that R & S always come together is

 

Count R & S as only 1 space or letter so that RS or SR can be arranged => 7! x 2!

 

But in the word RAILINGS, I repeated for 2 times => 7! x 2!/2! = 7! ways = 5040 ways.

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Filed Under: Permutations and Combinations
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Q:

Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children’s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ?

A) Rs. 34000 B) Rs. 31245
C) Rs. 24315 D) Rs. 28000
 
Answer & Explanation Answer: D) Rs. 28000

Explanation:

Let the monthly salary of Shankar be = Rs.x
Amount invested on expenditure = 25% = x/4;
Remaning amount = 3x/4;
Amount invested on children education = 20% i.e = 3x/20;
Remaining amount = 3x/4 - 3x/20 = 3x/5;
Remaining amount invested in three different schemes i.e is 1/3(3x/5)
=> x/5 = 5600
Therefore x = 28000
Hence, Monthly salary of Shankar is Rs. 28,000.

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Q:

Sravan drove from home to a neighboring town at the speed of 50 km/h and on his returning journey, he drove at the speed of 45 km/h and also took an hour longer to reach home. What distance did he cover?

A) 350 kms B) 450 kms
C) 900 kms D) 700 kms
 
Answer & Explanation Answer: C) 900 kms

Explanation:

Let the distance he covered each way = d kms

According to the question,

d/45 - d/50 = 1

=> d = 450 kms.

 

Hence, the total distance he covered in his way = d + d = 2 d = 2 x 450 = 900 kms.

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Q:

On dividing a number by 96, we get 271 as quotient and 0 as remainder. On dividing the same number by 95, what will be the remainder ?

A) 87 B) 59
C) 92 D) 81
 
Answer & Explanation Answer: D) 81

Explanation:

Number = 271 x 96 + 0 = 26016

=> 95) 26016 (273
           25935
           --------
              81

Required number = 81.

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Q:

What is the area of an obtuse angled triangle given below with two sides are 8 and 12 and the angle included between two sides is 150 deg?

A) 48 sq units B) 24 sq units
C) 12 sq units D) 6 sq units
 
Answer & Explanation Answer: B) 24 sq units

Explanation:

We know that, 

The area of a triangle with two sides given and included angle

A = 1/2 x product of sides x Sin(angle) 

 

Here the two sides are 8 & 12

Angle = 150

 

Area = 1/2 x 8 x 12 x sin150

Sin(150) = sin(90+60) = cos(60) = 1/2

 

A = 48 x 1/2 = 24

Area of the given triangle = 24 sq units.

 

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Q:

If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today?

A) 39158 B) 49158
C) 59158 D) 69158
 
Answer & Explanation Answer: B) 49158

Explanation:

i=j/m

FV = PV(1+  i)^n

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Filed Under: Compound Interest
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