Quantitative Aptitude - Arithmetic Ability Questions

Q:

The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?

A) Rs. 1190 B) Rs. 1288
C) Rs. 1365 D) Rs. 1452
 
Answer & Explanation Answer: A) Rs. 1190

Explanation:

Let the profit be Rs. p

Then Cost price of the bag = 340p/100 = 3.4p

According to question,

3.4p + p = 1540

4.4p = 1540

p = 1540/4.4

p = 350

The profit p = Rs, 350

 

Hence, The cost price of the bag = 3.4p = 3.4 x 350 = Rs. 1190.

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

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Q:

A man invested an amount at the rate of 10% p.a. on compound interest and after two years he again invested half of the initial amount. If man got Rs. 457.2 Rs. as interest after three years, find the amount received by man after three years, if he invested same amount on simple interest at rate of 15% p.a.? 

A)  1740 Rs.  B)  1760 Rs. 
C)  1720 Rs.  D)  1780 Rs. 
 
Answer & Explanation Answer: A)  1740 Rs. 

Explanation:

Let man invested Rs. A And, after two years amount invested = (A +

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT

25 4169
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
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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5 4165
Q:

Using numbers from 0 to 9 the number of 5 digit telephone numbers that can be formed is

A) 1,00,000 B) 59,049
C) 3439 D) 6561
 
Answer & Explanation Answer: C) 3439

Explanation:

The numbers 0,1,2,3,4,5,6,7,8,9 are 10 in number while preparing telephone numbers any number can be used any number of times.

 

This can be done in 105ways, but '0' is there

 

So, the numbers starting with '0' are to be excluded is 94 numbers.

 

 Total 5 digit telephone numbers = 105- 94 = 3439

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

5 4163
Q:

If there is a total of 104 weekly instalments and a thirddeposit, find the interest charged

A) 237.55 B) 337
C) 443 D) 334
 
Answer & Explanation Answer: A) 237.55

Explanation:

Cash price = $3695

Deposit =1/3 of $3695 = $1231.67

Loan amount = $3695.00 − $1231.67 = $2463.33

Total cost of loan = $25.97 × 104= $2700.88

 

Interest charged = total amount − loan
I = A − P
= 2700.88 − 2463.33
= 237.55

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

0 4156
Q:

Give an investment of $13200,compound amount of $22680.06 invested for 8 years,what is the interest rate if interest rate is compounded anually?

A) 6% B) 5%
C) 7% D) 8%
 
Answer & Explanation Answer: C) 7%

Explanation:

M = p(1+i)^n

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

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Q:

A train 150 m long is running with a speed of 68 km/h. In what time will it pass a man who is running at 8 km/ h in the same direction in which the train is going?

A) 8 sec B) 8.5 sec
C) 9 sec D) 9.5 sec
 
Answer & Explanation Answer: C) 9 sec

Explanation:

Relative speed = 68-8 = 60 km/hr = 60 X 5 / 18 m/s = 50/3 m/s

Total distance = 150 m

Time taken to pass a man running in same direction = 150 X 3/50 = 9 seconds

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Filed Under: Problems on Trains
Exam Prep: Bank Exams

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Q:

Two persons A and B invested in a business with 115000and 75000 rupees respectively. They agree that 40% of theprofit should be divided equally among them and rest isdivided between them according to their investment. If Agot 500 rupee more than B, then the total profit is

A) 3599.34 B) 699.34
C) 3958.34 D) 999.34
 
Answer & Explanation Answer: C) 3958.34

Explanation:

Ratio in which the profit will divide – 23:15. Let theprofit be P

Now, [(23/38) - (15/38)] x (60/100) x P = 500

P = 3958.34

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Filed Under: Partnership

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