Quantitative Aptitude - Arithmetic Ability Questions

Q:

If an article is sold at a gain of 6% instead of a loss of 6% the seller gets Rs. 6 more. What is the cost price of the article?

A) Rs. 18 B) Rs. 36
C) Rs. 42 D) Rs. 50
 
Answer & Explanation Answer: D) Rs. 50

Explanation:
Let CP be Rs x
Then
1.06x–0.94x = 6
So x = Rs 50
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Filed Under: Profit and Loss
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2 3422
Q:

15th February 2018 is a Thursday. On what day will 18th April 2019 fall?

A) Saturday B) Friday
C) Wednesday D) Thursday
 
Answer & Explanation Answer: A) Saturday

Explanation:
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Filed Under: Calendar
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46 3418
Q:

What amount must you invest now at 4% compounded monthly to accumulate $10,000 after 3 year

A) 8695 B) 7695
C) 3695 D) 4695
 
Answer & Explanation Answer: A) 8695

Explanation:

Given: j = 4%, m=  12, FV = $10,000, Term=  3.5 years
Then n  =m  *Term  12(3.5)  42

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0 3417
Q:

In a joint family, there are 24 members whose age is decreased by 4 months, when one girl aged 24 years is replaced by a new boy. Find the age of the new boy ?

A) 18 years B) 12 years
C) 15 years D) 16 years
 
Answer & Explanation Answer: D) 16 years

Explanation:

Age of new boy = (Age of moved girl) – (Number of family members × Decreased in average)

= 24 – 24×4/12

= 24 – 8

= 16 years.

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7 3415
Q:

A dealer sells two machines at Rs 12000 each. On one it gains 32% and on the other it looses 32%. What is its profit/loss percentage in the whole transaction?

A) No gain and no loss B) 1% loss
C) 18% profit D) 10.24% loss
 
Answer & Explanation Answer: D) 10.24% loss

Explanation:
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3 3412
Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:2.1

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

Explanation:

i=j/m

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0 3410
Q:

326-3-436-2-68-12=?

A) sqtr{3}-sqrt{2} B) sqtr{3}+sqrt{2}
C) 5sqrt{3} D) 1
 
Answer & Explanation Answer: C) 5sqrt{3}

Explanation:

Given Exp = 326-3×6+36+3-436-2×6+26+2-622-3

 

32(6+3)6-3-43(6+2)6-2+33-2×3+23+2

 

26+3-36+2+33+2

 

12+6-18-6+33+32

 

= 53 

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4 3409
Q:

A certain sum is invested for 2 years in scheme M at 20% p.a. compound interest (compounded annually), Same sum is also invested for the same period in scheme N at k% p.a. simple interest. The interest earned from scheme M is twice of that earned from scheme N. What is the value of k?

A) 7 B) 11
C) 9 D) 13
 
Answer & Explanation Answer: B) 11

Explanation:

Interest earned in scheme M =   

P1 + 201002  - 1  = 11P25

Interest earned in scheme N =  

P x k x 2100 = Pk50

 

Now, from the given data,

 

11P25 = 2 x Pk50

k = 11

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20 3400