Quantitative Aptitude - Arithmetic Ability Questions

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

Report Error

View Answer Report Error Discuss

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

2 4341
Q:

A can run 22.5 m while B runs 25 m. In a kilometre race B beats A by

A) 100 m B) 111m
C) 25 m D) 50 m
 
Answer & Explanation Answer: A) 100 m

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Races and Games

3 4331
Q:

A card is drawn from a pack of 52 cards. The probability of getting a queen of the club or a king of the heart is?

A) 1/26 B) 1/13
C) 2/13 D) 1/52
 
Answer & Explanation Answer: A) 1/26

Explanation:

Here in this pack of cards, n(S) = 52

Let E = event of getting a queen of the club or a king of the heart

Then, n(E) = 2

P(E) = n(E)/n(S) = 2/52 = 1/26

Report Error

View Answer Report Error Discuss

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

11 4330
Q:

Find the simple interest charged on borrowing $325 for 5 years at 3% p.a. (per annum or per year) interest.

A) 59 B) 46
C) 48.75 D) 34.75
 
Answer & Explanation Answer: C) 48.75

Explanation:

I= PTR100

Report Error

View Answer Report Error Discuss

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

3 4330
Q:

12% of 70,000 is

A) 8400 B) 7200
C) 6000 D) 5600
 
Answer & Explanation Answer: A) 8400

Explanation:

12% of 70,000

=> 12 x 70,000/100

=> 8400

 

Hence, 12% of 70,000 = 8,400

Report Error

View Answer Report Error Discuss

3 4317
Q:

The annual salary of Arun is 7.68 lac. If he spends Rs. 12000 on his children, 1/13th of rest of the salary on food and Rs. 8000 in mutual funds, then find the monthly saving he is left with?

A) Rs. 38000/- B) Rs. 39500/-
C) Rs. 40000/- D) Rs. 41250/-
 
Answer & Explanation Answer: C) Rs. 40000/-

Explanation:

Annual salary of Arun = 7,68,000 Rs.
Monthly salary = 7,68,000/12 = Rs. 64,000
Spending on children = Rs. 12,000
Rest = 52,000
1/13th of the rest = 52,000/13 = Rs. 4,000 is spent on food.
Rs. 8,000 is spent in mutual funds.
Monthly savings = 64,000 - (12,000+4,000+8,000) = Rs. 40,000.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: Bank Exams

2 4315
Q:

In a plane 8 points are colliner  out of 12 points, then the number of triangles we get with those 12 points is 

A) 20 B) 160
C) 164 D) 220
 
Answer & Explanation Answer: C) 164

Explanation:

For a triangle, we need 3 non-collinear points. So with 12 points (when all the 12 are such that any three non-collinear is12C3. But among them 8 points are collinear.

 

If all these 8 points are different we get 8C3 triangles as they are collinear.

 

In 12C3 triangles, we do not get 8C3 triangles

 

Therefore, The number of triangles we get = 12C3-8C3 = 164

Report Error

View Answer Report Error Discuss

Filed Under: Permutations and Combinations
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

3 4314
Q:

Among the following which is a rational number?

 

A) 323 B) 325
C) 324 D) 326
 
Answer & Explanation Answer: B) 325

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Square Roots and Cube Roots
Exam Prep: Bank Exams

2 4314