Aptitude and Reasoning Questions

Q:

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52% B) 10.52%
C) 11.52% D) 12.52%
 
Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

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Filed Under: Compound Interest
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Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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Q:

The school principal has received complaints from parents about bullying in the school yard during recess. He wants to investigate and end this situation as soon as possible, so he has asked the recess aides to watch closely. Which situation should the recess aides report to the principal ?

A) A boy is sitting glumly on a bench reading a book and not interacting with his peers. B) Two boys are playing a one-on-one game of basketball and are arguing over the last basket scored.
C) Three boys are huddled over a handheld video game, which isn’t supposed to be on school grounds. D) Four girls are surrounding another girl and seem to have possession of her backpack.
 
Answer & Explanation Answer: D) Four girls are surrounding another girl and seem to have possession of her backpack.

Explanation:

Seeing four girls surrounding another girl, while in possession of her backpack, is the most suspicious of the incidents described.

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Filed Under: Analogy
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Q:

Calculate the future value of $3,000 invested at 7% for 5 years

A) 4207.66 B) 5207
C) 4376 D) 5687
 
Answer & Explanation Answer: A) 4207.66

Explanation:

F=P(1+i)^n

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Q:

A bike runs at the speed of 35 km/h when not serviced and runs at 55 km/h, when serviced. After servicing the bike covers a certain distance in 5 h. How much approximate time will the bike take to cover the same distance when not serviced?

A) 8 hrs B) 7.5 hrs
C) 7 hrs D) 6.5 hrs
 
Answer & Explanation Answer: A) 8 hrs

Explanation:

Given speed of the bike after servicing = 55 kmph

Time taken for travelling some distance at 55 kmph = 5 hrs

Then, 

Distance = Speed x Time = 55 x 5 = 275 kms.

Now, 

Speed of the bike before servicing = 35 kmph

Distance = 275 kms

Now, Time = Distance/Speed = 275/35 = 7.85 hrs =~ 8 hrs.

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Filed Under: Time and Distance
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Q:

Which of the following is a rational number?

A) 0.241 B) 1.732
C) 4 D) All of the above
 
Answer & Explanation Answer: C) 4

Explanation:

Any number which can be expressed as a fraction of two integers like P & Q as P/Q where Q is not equal to zero.

Every integer is a rational number since Q can be 1.

 

Hence, in the given options, 4 can be expressed as a simple fraction as 4/1. And all other options cannot be expressed as fractions.

 

Hence, 4 is a rational number in the given options.

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Filed Under: Numbers
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Q:

Consider the Argument and decide which of the given assumptions is (are) implicit.

 

Argument :

 

The present government had reduced the base price for auctioning for the 2G spectrum.

 

Assumptions :

 

1. Next time price will reduce further.

2. Last time the auction was not good.

 

A) Neither 1 nor 2 is implicit B) Only assumption 2 is implicit
C) Both 1 and 2 are implicit D) Only assumption 1 is implicit
 
Answer & Explanation Answer: B) Only assumption 2 is implicit

Explanation:
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Filed Under: Statement and Assumptions
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Q:

A person sold his pen for Rs 24 and his profit percentage was numerically equal to the cost price. What was the cost price (in Rs) of the pen?

A) 12 B) 14
C) 16 D) 20
 
Answer & Explanation Answer: D) 20

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

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