Aptitude and Reasoning Questions

Q:

Simple interest on a certain sum at 7% per annum for 4 years is Rs. 2415. What will be the compound interest on the same principal at 4% per annum in two years?

A) Rs. 704 B) Rs. 854
C) Rs. 893 D) Rs. 914
 
Answer & Explanation Answer: A) Rs. 704

Explanation:

We know that,

S.I. = PTR100 P = S.I x 100T x RAnd also,C.I = P1 + R100n- 1

From given data, P = Rs. 8625

Now, C.I  = 86251+41002-1= 862526252-1= 8625676625-1= 8625 x 51625C.I = Rs. 703.80

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Filed Under: Compound Interest
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11 4689
Q:

A lady took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 5400 interest only for the period. The principal amount borrowed by her was :

A) Rs. 15,000 B) Rs. 1,50,000
C) Rs. 1500 D) Rs. 1,62,000
 
Answer & Explanation Answer: A) Rs. 15,000

Explanation:

Principal = Rs.(100 x 5400)/(12 x 3)= Rs. 15000.

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Filed Under: Simple Interest
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3 4688
Q:

In the following question, select the missing number from the given series.
13, 27, 56, 115, ?

A) 224 B) 231
C) 233 D) 234
 
Answer & Explanation Answer: D) 234

Explanation:
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Filed Under: Number Series
Exam Prep: Bank Exams

10 4687
Q:

When $720 is invested for 36 months it earns $205.20 simple interest. Find the yearly interest rate.

A) 7.5% B) 8.5%
C) 9.5% D) 10.5%
 
Answer & Explanation Answer: C) 9.5%

Explanation:

r = (100 x I)/(P x T)

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Filed Under: Simple Interest
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3 4683
Q:

Parallel construction means that you

A) give both sides of the argument in your essay. B) begin each paragraph of your essay in the same way.
C) use the same grammatical construction in all similar headings throughout an outline. D) repeat the first paragraph of your essay as the last paragraph.
 
Answer & Explanation Answer: C) use the same grammatical construction in all similar headings throughout an outline.

Explanation:
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Filed Under: Alphabet Test
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16 4681
Q:

[(24)2+(27)2]÷? = 9.0625

A) 121 B) 144
C) 169 D) 81
 
Answer & Explanation Answer: B) 144

Explanation:
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Q:

Let K and L be events on the same sample space, with P (K) = 0.8 and P (B) = 0.6. Are these two events are disjoint ?

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

These two events cannot be disjoint because P(K) + P(L) > 1.


P(AꓴB) = P(A) + P(B) - P(AꓵB).


An event is disjoint if P(A ꓵ B) = 0. If K and L are disjoint P(K ꓴ L) = 0.8 + 0.6 = 1.4


And Since probability cannot be greater than 1, these two mentioned events cannot be disjoint.

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Subject: Probability
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3 4673
Q:

Find the lowest common multiple of 24, 36 and 40?

A) 360 B) 420
C) 240 D) 120
 
Answer & Explanation Answer: A) 360

Explanation:

To find the LCM of 24, 36 and 40

24 = 2 x 2 x 2 x 3

36 = 2 x 2 x 3 x 3

40 = 2 x 2 x 2 x 5 

Now, LCM of 24, 36 and 40 = 2 x 2 x 2 x 3 x 3 x 5

= 8 x 9 x 5

= 72 x 5

= 360

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Filed Under: HCF and LCM
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19 4672