Aptitude and Reasoning Questions

Q:

In a box, there are 5 black pens, 3 white pens and 4 red pens. In how many ways can 2 black pens, 2 white pens and 2 red pens can be chosen?

A) 180 B) 220
C) 240 D) 160
 
Answer & Explanation Answer: A) 180

Explanation:

Number of ways of choosing 2 black pens from 5 black pens in 5C2 ways.

 

Number of ways of choosing 2 white pens from 3 white pens in 3C2 ways.

 

Number of ways of choosing 2 red pens from 4 red pens in 4C2ways.

 

By the Counting Principle, 2 black pens, 2 white pens, and 2 red pens can be chosen in 10 x 3 x 6 =180 ways.

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Q:

A chartered bank offers a five-year Escalator Guaranteed Investment Certificate.In successive years it pays annual interest rates of 4%, 4.5%, 5%, 5.5%, and 6%, respectively, compounded at the end of each year. The bank also offers regular five-year GICs paying a fixed rate of 5% compounded annually. Calculate and compare the maturity values of $1000 invested in each type of GIC. (Note that 5% is the average of the five successive one-year rates paid on the Escalator GIC.)

A) 1276.28 B) 1234
C) 1278 D) 1256
 
Answer & Explanation Answer: A) 1276.28

Explanation:

FV = $1000(1.04)(1.045)(1.05)(1.055)(1.06) = $1276.14

 the maturity value of the regular GIC is

 

 FV = $ 1000 x 1.055=  $1276.28

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Q:

12 points lie on a circle. How many cyclic quadrilaterals can be drawn by using these points?

A) 500 B) 490
C) 495 D) 540
 
Answer & Explanation Answer: C) 495

Explanation:

For any set of 4 points we get a cyclic quadrilateral. Number of ways of choosing 4 points out of 12 points is 12C4 = 495.

 

Therefore, we can draw 495 quadrilaterals

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Q:

What periodic payment will an investor receive from a $9000, four-year, monthly payment GIC earning a nominal rate of 5.25% compounded monthly?

A) 29.38 B) 39.38
C) 49.38 D) 59.38
 
Answer & Explanation Answer: B) 39.38

Explanation:

i=j/m

The monthly payment will be=PV*I

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Q:

How many arrangements of the letters of the word ‘BENGALI’ can be made if the vowels are to occupy only odd places.

A) 720 B) 576
C) 567 D) 625
 
Answer & Explanation Answer: B) 576

Explanation:

There are 7 letters in the word Bengali of these 3 are vowels and 4 consonants.

 

There are 4 odd places and 3 even places. 3 vowels can occupy 4 odd places in 4P3 ways and 4 constants can be arranged in 4P4 ways.

 

Number of words =4P3  x 4P4= 24 x 24 = 576

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Q:

Find the number of subsets of the set {1,2,3,4,5,6,7,8,9,10,11} having 4 elements.

A) 340 B) 370
C) 320 D) 330
 
Answer & Explanation Answer: D) 330

Explanation:

Here the order of choosing the elements doesn’t matter and this is a problem in combinations.

 

We have to find the number of ways of choosing 4 elements of this set which has 11 elements.

 

This can be done in 11C4 ways = 330 ways

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Q:

How many arrangements of the letters of the word ‘BENGALI’ can be made if the vowels are never together.

A) 120 B) 640
C) 720 D) 540
 
Answer & Explanation Answer: C) 720

Explanation:

There are 7 letters in the word ‘Bengali of these 3 are vowels and 4 consonants.

 

Considering vowels a, e, i as one letter, we can arrange 4+1 letters in 5! ways in each of which vowels are together. These 3 vowels can be arranged among themselves in 3! ways.

 

Total number of words = 5! x 3!= 120 x 6 = 720

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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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