Aptitude and Reasoning Questions

Q:

An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest?

A) 2years B) 3years
C) 4years D) 5years
 
Answer & Explanation Answer: C) 4years

Explanation:

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

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

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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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Filed Under: Compound Interest
Exam Prep: Bank Exams
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Q:

How many words can be formed with or without meaning by using three letters out of k, l, m, n, o without repetition of alphabets.

A) 60 B) 120
C) 240 D) 30
 
Answer & Explanation Answer: A) 60

Explanation:

Given letters are k, l, m, n, o = 5

number of letters to be in the words = 3

Total number of words that can be formed from these 5 letters taken 3 at a time without repetation of letters = 5P3 ways.

 5P3 = 5 x 4 x 3 = 60 words.

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Filed Under: Permutations and Combinations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

If two line pa + b = 2 and 3a + b = 4 are parallel to each other, then what is the value of p ?

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

Explanation:

Given two lines are parallel

pa+b=2

b=-pa+2..........(1)

3a+b=4

b=-3a+4 ...........(2)

m1 = -p

m2= -3

The condition for the two lines to be parallel is m1=m2

p = 3

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Read the given statements carefully and answer the questions.

 

Spending money should be based on logical decision and not compulsive or impulsive behavior. One should not fall prey to possible hidden agenda of the sellers who come out with 'sale', 'free offer' etc. Price is what you pay, value is what you should get.

 

 

A) When you pay for something, look for value B) Any discounted sale has a hidden agenda against the consumer
C) People do compulsive or impulsive and not logical spending D) Sellers are cheating the public
 
Answer & Explanation Answer: A) When you pay for something, look for value

Explanation:
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Q:

A man travels 480 km in 4 hours, partly by air and partly by train. If he had travelled all the way by air, he would have saved 4/5 of the time he would have taken to travel by train and would have arrived at his destination 2 hours early. Find the distance he covered by travelling by train.

A) 80 km B) 120 km
C) 110 km D) 90 km
 
Answer & Explanation Answer: B) 120 km

Explanation:
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Filed Under: Time and Distance
Exam Prep: Bank Exams

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Q:

What is 15 of 80 with simple method and examples?

A) 12.5% B) 18.75%
C) 16.55% D) 17.80%
 
Answer & Explanation Answer: B) 18.75%

Explanation:

Given that to find 15 of 80

=> What % of 80 is 15

Let it be 'p'

=> p% of 80 = 15

=> p x 80100 = 15p = 15 x 10080p = 150080 = 18.75

 

Therefore, 15 is 18.75% of 80 => 18.75% of 80 = 15

 

Example::

Now, in the similar way we can find 15% of 80 =?

=> 15x80/100 = p

=> p = 4 x 3 = 12

 

Therefore, 15% of 80 = 12

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Filed Under: Percentage
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Q:

How many such pairs of letters are there in the word ORDINAL each of which has as many letters between them in the word as in the English alphabet?

A) None B) One
C) Two D) Three
 
Answer & Explanation Answer: D) Three

Explanation:
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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams
Job Role: Bank PO

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