Quantitative Aptitude - Arithmetic Ability Questions

Q:

An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest?

A) 2years B) 3years
C) 4years D) 5years
 
Answer & Explanation Answer: C) 4years

Explanation:

T = (100 x I)/ (P x r)

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Filed Under: Simple Interest
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0 4422
Q:

There are several peacocks and deers in a cage (with no other types of animals). There are 72 heads and 200 feet inside the cage. How many peacocks are there, and how many deers ?

A) 42 & 24 B) 38 & 26
C) 36 & 24 D) 44 & 28
 
Answer & Explanation Answer: D) 44 & 28

Explanation:

Let
x = peacocks
y = deers

2x + 4y = 200
x + y = 72
y = 72 - x
2x + 288 - 4x = 200
x = 44 peacocks
y = 28 deers

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Filed Under: Numbers
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5 4421
Q:

For S = $21,000, payments (R) of $1500 at the end of each 6-month periodi= 10% compounded semi-annually. Find the minimum number of payments to accumulate 21,000.

A) 10 B) 11
C) 12 D) 13
 
Answer & Explanation Answer: B) 11

Explanation:

S=R[(1+i)^n-1)/i]

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Filed Under: Compound Interest
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0 4417
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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Filed Under: Simple Interest
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1 4415
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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7 4410
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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14 4408
Q:

K can lay Highway road between two cities in 16 days. L can do the same job in 12 days. With the help of M, they completes the job in 4 days. How much days does it take for M alone to complete the work ?

A) 47/7 days B) 59/6 days
C) 48/5 days D) 57/5 days
 
Answer & Explanation Answer: C) 48/5 days

Explanation:

Amount of work K can do in 1 day = 1/16

Amount of work L can do in 1 day = 1/12

Amount of work K, L and M can together do in 1 day = 1/4

Amount of work M can do in 1 day = 1/4 - (1/16 + 1/12) = 3/16 – 1/12 = 5/48

=> Hence M can do the job on 48/5 days = 9 (3/5) days  

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Filed Under: Time and Work
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9 4399
Q:

A, B & C started a business and invested in the ratio 7:6:5. Next Year, they increased their investment by 25%, 20% and 15%, respectively. In what ratio should profit earned only during 2ndyear be distributed?

A) 155:144:175 B) 155:124:95
C) 135:147:152 D) 175:144:115
 
Answer & Explanation Answer: D) 175:144:115

Explanation:

Let A’s investment be= 7a
Let B’s investment be= 6a
Let C’s investment be= 5a
Their investment in 2ndyear:= (125% of 7a): (120% of 6a) : (115% of 5a) = 175 : 144 : 115

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Filed Under: Partnership
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