Aptitude and Reasoning Questions

Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 17296 B) 13296
C) 19296 D) 15296
 
Answer & Explanation Answer: C) 19296

Explanation:

i=j/m

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

1 3817
Q:

Simple interest on a certain sum at 7% per annum for 4 years is Rs. 2415. What will be the compound interest on the same principal at 4% per annum in two years?

A) Rs. 704 B) Rs. 854
C) Rs. 893 D) Rs. 914
 
Answer & Explanation Answer: A) Rs. 704

Explanation:

We know that,

S.I. = PTR100 P = S.I x 100T x RAnd also,C.I = P1 + R100n- 1

From given data, P = Rs. 8625

Now, C.I  = 86251+41002-1= 862526252-1= 8625676625-1= 8625 x 51625C.I = Rs. 703.80

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Filed Under: Compound Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

11 3812
Q:

Statements followed by some conclusions are given below.

 

Statements :

 

1. Some football players are cricketers.

2. All hockey players love football though some are cricketers.

 

Conclusions :

 

I. Some hockey players who are cricketers play football too.

II. There is at the most one cricketer who plays football and hockey.

 

Find which of the given conclusions logically follows from the given statements.

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both I and II follow D) Neither I nor II follows
 
Answer & Explanation Answer: D) Neither I nor II follows

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

1 3811
Q:

Solve the following

 

36- [18 - {14 - (15 - 4 / 2 x 2)}]

 

 

A) 23 B) 21
C) 20 D) 22
 
Answer & Explanation Answer: B) 21

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

0 3810
Q:

How many seconds will a 800 meter long train moving with a speed of 63 km/hr take to cross a man walking with a speed of 3 km/hr in the direction of the train ?

A) 48 B) 52
C) 38 D) 42
 
Answer & Explanation Answer: A) 48

Explanation:

Here distance d = 800 mts

speed s = 63 - 3 = 60 kmph = 60 x 5/18 m/s

time t = 800x1860x5= 48 sec.

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

3 3809
Q:

The difference between the compound interest and the simple interest on Rs. 6250 at 8% per annum in 2 years is

A) Rs.30 B) Rs.40
C) Rs.50 D) Rs.60
 
Answer & Explanation Answer: B) Rs.40

Explanation:
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1 3807
Q:

Select the figure which does not belong to the group.

 

 

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

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

0 3806
Q:

If 6A = 4B = 9C; What is A : B : C?

A) 6 : 4 : 9 B) 9 : 4 : 6
C) 4 : 9 : 6 D) 6 : 9 : 4
 
Answer & Explanation Answer: D) 6 : 9 : 4

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

3 3806