Aptitude and Reasoning Questions

Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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

3 3441
Q:

A kiddy bank of a child contains all Rs. 1, 50 paise and 25 paise coins. What is the total amount in the bank ?
(1) Total number of coins are 20
(2) The number of 50 paise and 25 paise coins are in the ratio of 7:3.

A) only 1 is needed B) only 1 is needed
C) Both and 2 are needed D) None
 
Answer & Explanation Answer: C) Both and 2 are needed

Explanation:

Given that 50 paise and 25 paise coins are in the ratio of 7:3, they can be either 7 & 3 or 14 & 6.
As total 20 coins also includes Rs. 1 coins, so 50 paise & 25 paise coins are 7 & 3 respectively & Rs. 1 coins are 10.
Total amount = (100x10) + (50x7) + (25x3)=1425 paise or Rs.14.25.

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams , CAT
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1 3440
Q:

What least number must be substracted from 627349 so that the remaining number is divisible by 15 ?

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

Explanation:

On dividing 627349 by 15, we get remainder = 4.
Therefore, the obtained remainder is the least number to be subtracted from the given number so that the the mnumber is divisible by 15.
Here 4 is the least number to be subtracted from 627349 so that it is divisible by 15.

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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5 3433
Q:

That which cannot be corrected

A) Incorrigible B) Illegible
C) Illegal D) Indelible
 
Answer & Explanation Answer: A) Incorrigible

Explanation:

The One-word substitute for That which cannot be corrected is Incorrigible.

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer , Software Architect

4 3432
Q:

Find out from amongst the four alternatives as to how the pattern would appear when the transparent sheet is folded at the dotted line.

     (X)                     (1)                 (2)                 (3)                 (4)

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

Explanation:
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Filed Under: Paper Folding

10 3432
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
Exam Prep: Bank Exams
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0 3429
Q:

Select the figure that does NOT belong in the following group.

A) B B) A
C) D D) C
 
Answer & Explanation Answer: A) B

Explanation:
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Filed Under: Analytical Reasoning
Exam Prep: AIEEE , Bank Exams

6 3427
Q:

Calculate the effective interest rate compounded quarterly of a 13% annual rate.

A) 13.65% B) 14.665%
C) 15.65% D) 16.65%
 
Answer & Explanation Answer: A) 13.65%

Explanation:

E=(1+i/n)^n-1

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

0 3426