Aptitude and Reasoning Questions

Q:

The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ?

A) Rs. 6000 B) Rs. 5550
C) Rs. 7500 D) Rs. 6580
 
Answer & Explanation Answer: A) Rs. 6000

Explanation:

Let the sum invested be Rs. P

Let the rate of interest be R% per annum

=> Interest earned for 5 years = (P x 5 x R/100) = PR/20

Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)%

=> SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100

Hence,

PR/20 + 10P/100 = PR/20 + 600

=> P = 6000

Therefore, the sum invested is Rs. 6000

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Filed Under: Simple Interest
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13 5953
Q:

Which of the following figures shown below, when folded along the dotted lines, will form a pyramid shaped box with a rectangular base?

A) a B) b
C) c D) d
 
Answer & Explanation Answer: D) d

Explanation:
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Filed Under: Image Analysis

12 5950
Q:

Population of a colony of mosquitoes is increasing by 20% per day. If the population on Monday was 3000, on which day of that week the population would be 5184 ?

A) Thursday B) Friday
C) Tuesday D) Monday
 
Answer & Explanation Answer: A) Thursday

Explanation:

Given monday population = 3000
Per day 20% increase in population.

Tuesday population = 3000 + 3000x20/100 = 3000 + 600 = 3600

Wednesday population =3600 + 3600x20/100 = 3600 + 720 = 4320

Thursday population = 4320 + 4320x20/100 = 4320 + 864 = 5184

So that day is Thursday.

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Filed Under: Percentage
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3 5937
Q:

Calculate the number of bricks, each measuring 25 cm x 15 cm x 8 cm required to construct a wall of dimensions 10 m x 4 m x 5 m when 10% of its volume is occupied by concrete ?

A) 6000 B) 5400
C) 3800 D) 4700
 
Answer & Explanation Answer: A) 6000

Explanation:

Let 'B' be the nuber of bricks.

=> 10 x 4/100 x 5 x 90/100 = 25/100 x 15/100 x 8/100 x B

=> 10 x 20 x 90 = 15 x 2 x B

=> B = 6000

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Filed Under: Volume and Surface Area
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5 5921
Q:

A certain sum is to be divided between A and B so that after 5 years the amount received by A is equal to the amount received by B after 7 years. The rate of interest is 10%, interest compounded annually. Find the ratio of amounts invested by them.

please solve this

Answer

Let the sum(principal) received by A and B are x and y.


(1+r) =  =


Then,  =


Hence, the ratio in which the sum is divided =121:100

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Subject: Compound Interest Exam Prep: Bank Exams

26 5920
Q:

A train-A passes a stationary train B and a pole in 24 sec and 9 sec respectively. If the speed of train A is 48 kmph, what is the length of train B?

A) 200 mts B) 180 mts
C) 160 mts D) 145 mts
 
Answer & Explanation Answer: A) 200 mts

Explanation:

Length of train A = 48 x 9 x 5/18 = 120 mts

Length of train B = 48 x 24 x 5/18 - 120

=> 320 - 120 = 200 mts.

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Filed Under: Time and Distance
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4 5917
Q:

Two equal sums were lent, one at the rate of 11% per annum for five years and the other at the rate of 8% per annum for six years, both under simple interest. If the difference in interest accrued in the two cases is Rs 1008. Find the sum?

A) Rs. 14,400 B) Rs. 15,600
C) Rs. 14,850 D) Rs. 15,220
 
Answer & Explanation Answer: A) Rs. 14,400

Explanation:

Let the required Sum = Rs.S

 From the given data,

 1008 = [(S x 11 x 5)/100] - [(S x 8 x 6)/100]

 => S = Rs. 14,400.

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Filed Under: Simple Interest
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18 5914
Q:

Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quartely.

A) Rs.2522 B) Rs.2422
C) Rs.3522 D) Rs.2322
 
Answer & Explanation Answer: A) Rs.2522

Explanation:

Principal = Rs.16,000;

Time=9 months = 3 quarters;

Amount

=Rs.[16000x(1+5/100)³] =[16000x21/20x21/20x21/20]

= Rs.18522.

 

C.I

= Rs.(18522 - 16000)

= Rs.2522.

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

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