Aptitude and Reasoning Questions

Q:

 What is the rate of compound interest?
I. The principal was invested for 4 years.
II. The earned interest was Rs. 1491.

A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer
C) Either I or II alone sufficient to answer D) Either I or II alone sufficient to answer
 
Answer & Explanation Answer: D) Either I or II alone sufficient to answer

Explanation:

 

 

Let Principal = Rs. P and Rate = R% p.a. Then,

 

Amount= Rs.P1+R1004

 

 C.I = P1+R1004-1

 P1+R1004-1=1491

 

Clearly, it does not give the answer

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Filed Under: Compound Interest
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Q:

Rajitha's present age is three years less than twice her age 12 years ago. Also, the ratio of Raj's present age to Rajitha's present age is 4:9. What will be Raj's age after 5 years ?

A) 17 yrs B) 16 yrs
C) 19 yrs D) 21 yrs
 
Answer & Explanation Answer: A) 17 yrs

Explanation:

Let the present age of Raj and Rajitha be 4x and 9x.
Then, according to question,
9x = 2(9x-12)-3 => 9x = 27 => x = 3
Raj's present age = 4x = 12yrs,
After 5 years Raj's age will be 12 + 5 = 17 yrs.

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5 5819
Q:

Two dice are rolled simultaneously. Find the probability of getting a total of 9.

A) 1/3 B) 1/9
C) 8/9 D) 9/10
 
Answer & Explanation Answer: B) 1/9

Explanation:

S = { (1, 1), (1, 2), (1, 3), (1, 4),(1, 5), (1, 6), (2, 1), (2, 2),.........(6, 5), (6, 6) }

=> n(S) = 6 x 6 = 36

E = {(6, 3), (5, 4), (4, 5), (3, 6) }

=> n(E) = 4

Therefore, P(E) = 4/36 = 1/9

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8 5813
Q:

If in the following set of numbers, the first and the third digits are interchanged in each number, which number will be second from the end if arranged in ascending order after interchanging the digits ?

585  546  514  404  206  369

A) 404 B) 585
C) 415 D) 602
 
Answer & Explanation Answer: C) 415

Explanation:

Given numbers are 585 546 514 404 206 369
Then interchanging the 1st and 3rd digits of the given numbers, we get
585 645 415 404 602 963
Now, arranging them in ascending order
963 645 602 585 415 404
Then the last second number is 415.

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5 5811
Q:

When 0.46 is written in simplest form, the sum of the numerator and the denominator is  ?

A) 69 B) 73
C) 96 D) 41
 
Answer & Explanation Answer: B) 73

Explanation:

0.46 = 46/100 = 23/50.

Sum of the numerator and denominator is 23 + 50 = 73

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8 5804
Q:

The Simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs.1875. What would be the simple interest accrued on an amount of Rs. 6875 at the same rate and Same period? 

A) Rs. 4,556.5 B) Rs. 5,025.25
C) Rs.5,245.5 D) None of these
 
Answer & Explanation Answer: D) None of these

Explanation:
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22 5801
Q:

Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them?

a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7.

b. Pranay's share in the profit is Rs. 8750.

A) Only a is sufficient B) Neither a nor b is sufficient
C) Only b is sufficient D) Both a and b sufficient
 
Answer & Explanation Answer: D) Both a and b sufficient

Explanation:

Given Pranay's profit in the share is Rs. 8750

But given that their investments are in the ratio 2:4:7

713×P = 8750

P = 16250


Now Anand's share = 413×16250 = Rs.5000

Thus both staements a and b are sufficient to answer this question.

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Filed Under: Partnership
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3 5798
Q:

How much money would you need to deposit today at 9% annual interest compounded monthly to have $12000 in the account after 6 years?

A) 9007 B) 4007
C) 7007.08 D) 8oo7
 
Answer & Explanation Answer: C) 7007.08

Explanation:

FV=P(1+r/n)^nt

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Filed Under: Compound Interest
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