Quantitative Aptitude - Arithmetic Ability Questions

Q:

An inspector is 228 meter behind the thief. The inspectorruns 42 meters and the thief runs 30 meters in a minute. Inwhat time will the inspector catch the thief?

A) 19 minutes B) 20 minutes
C) 18 minutes D) 21 minutes
 
Answer & Explanation Answer: A) 19 minutes

Explanation:

Inspector s 228 meter behind the thief and now aftersome x distance he will catch the thief. So
x/30 = 228+x/42 => x = 570 m
(228 + 570) / 42 = 19 min

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Filed Under: Time and Distance
Exam Prep: Bank Exams

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Q:

Raghu bought an article for Rs. 14,360 and spent Rs. 240 on its transportation. At what amount he has to sell it to get a profit of 15%? (in Rs.)

A) ₹ 16,000 B) ₹ 16,790
C) ₹ 16,150 D) ₹ 16.500
 
Answer & Explanation Answer: B) ₹ 16,790

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

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

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

Explanation:

m=j/i

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Filed Under: Compound Interest
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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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Filed Under: Compound Interest
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Q:

An oil refinery buys oil at Rs 3600 per barrel. There is 10% wastage. If the refinery wants to earn 5% profit then at what price should it sell including 8% tax on selling price? (in Rs per barrel)

A) 3674 B) 3711
C) 4219 D) 4536
 
Answer & Explanation Answer: D) 4536

Explanation:
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Filed Under: Average
Exam Prep: Bank Exams

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Q:

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

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

Explanation:

Amount = Rs. (30000 + 4347) = Rs. 34347

(1+7/100)^n=34347

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Filed Under: Compound Interest
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Job Role: Bank PO

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Q:

If 3A = 2B = 4C; then what is A : B : C?

A) 3 : 2 : 4 B) 6 : 4 : 3
C) 4 : 6 : 3 D) 2 : 3 : 4
 
Answer & Explanation Answer: C) 4 : 6 : 3

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

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Q:

Sharon Stone deposits $500 at the beginning of each 3 months in an account earning 10% compounded quarterly. Determine how much money she has after 25 years

A) 22681.19 B) 23456
C) 44577 D) 25685
 
Answer & Explanation Answer: A) 22681.19

Explanation:

 

 

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

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Filed Under: Compound Interest
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Job Role: Bank PO

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