Quantitative Aptitude - Arithmetic Ability Questions

Q:

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4%, is:

A) 108.25 B) 112.20
C) 124.75 D) 125.25
 
Answer & Explanation Answer: C) 124.75

Explanation:

For an income of Rs. 756, investment = Rs. 9000. 

 

For an income of Rs.212,  investment =Rs.9000756×212 = Rs. 125.

 

For a Rs. 100 stock, investment = Rs. 125.

 

Market value of Rs. 100 stock = Rs.125-14= Rs. 124.75

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Filed Under: Stocks and Shares

3 3850
Q:

A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, the profit % ?

A) 22.5% B) 25%
C) 20% D) 33.33%
 
Answer & Explanation Answer: B) 25%

Explanation:

As water costs free, water sold at cost price of milk gives the profit.

Required profit % = 5/20 x 100 = 5 x 5 = 25%.

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Filed Under: Alligation or Mixture
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19 3846
Q:

What is the probability that it is either a heart card or diamond card, when a card is drawn from a well shuffled standard pack of 52 playing cards?

A) 1 B) 1/2
C) 3/4 D) 1/3
 
Answer & Explanation Answer: B) 1/2

Explanation:

P(heart cards)=13/52

P(diamond cards)=13/52

P(heart or diamond)=13/52+13/52=1/2

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Filed Under: Probability

2 3842
Q:

What is 15 as a decimal?

A) 0.333 B) 0.666
C) 0.200 D) 0.452
 
Answer & Explanation Answer: C) 0.200

Explanation:

Here I converted the original fraction to a fraction with the denominator being 10, because decimals can be written in the tenths place.

Divide numerator and denominator with '2'15 x 22 = 210 = 0.2

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Filed Under: Decimal Fractions
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5 3840
Q:

Due to increase of 33.33% in the price of apples, a customer can purchase 4 apples less for Rs 16. What is the original price (in paise) of an apple?

A) 100 B) 125
C) 150 D) 400/3
 
Answer & Explanation Answer: A) 100

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

10 3839
Q:

Calculate the periodic interest rate corresponding to:9.0% compounded quarterly

A) 3.45 B) 2.25
C) 5.25 D) 6.25
 
Answer & Explanation Answer: B) 2.25

Explanation:

i=j/m

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

0 3837
Q:

Which of the following fraction is the largest?

A) 7/12 B) 9/16
C) 13/20 D) 32/80
 
Answer & Explanation Answer: A) 7/12

Explanation:

Here to say which fraction is greater from the given options, the fraction with greater numerator with same denominator or smaller denominator with same numerator.

To find the greater fraction, among the given options, make the denominators same for the options by finding the LCM of all the denominators.

7/12, 9/16, 13/20, 32/80

Now, LCM of 12, 16, 20, 80 = 240.

Then,

140/240, 135/240, 156/240, 96/240

Here 

156240 > 140240 > 135240 > 96240=> 1320 > 712 > 916 > 3280

 

Hence, largest fraction = 13/20.

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Filed Under: Decimal Fractions
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4 3837
Q:

Arun is a cashew merchant in Telangana. He has cashews in sealed wooden boxes of 10kg each. The price of the cashew increases by Rs.20 per kg for every year, but at the same time, 10% of the cashews are eaten by rodents every year. If the price of a 1 kg of fresh cashew is Rs.120, what is the change in his profits if he sells a sealed box after one year of storage, rather than selling it fresh ? (In Rs.)

A) Rs. 60 B) Rs. 54
C) Rs. 80 D) Rs. 75
 
Answer & Explanation Answer: A) Rs. 60

Explanation:

Price of 1kg fresh cashew = Rs.120
Therefore, price of 10kg = Rs.120 x 10 = Rs.1200

10% of 10kg which eaten by rodents = 10 x 10/100 = 1kg.

So, End of Year he had 10kg - 1kg = 9kg

So, he sells that 9kg with Rs.20 per kg profit = 9 x 140 = 1260.

He buy 10kg wooden box with cashew for Rs.1200 and sell that for Rs. 1260

So, profit = 1260 - 1200 = Rs.60 more money he get.

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Filed Under: Profit and Loss
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3 3836