Aptitude and Reasoning Questions

Q:

If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today?

A) 39158 B) 49158
C) 59158 D) 69158
 
Answer & Explanation Answer: B) 49158

Explanation:

i=j/m

FV = PV(1+  i)^n

Report Error

View Answer Report Error Discuss

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

2 4315
Q:

Kashundra Jones plans to make a lump sum deposit so that she can withdraw $3,000 at the end of each quarter for 10 years. Find the lump sum if the money earns 10% per year compounded quarterly

A) 75263.64 B) 76345
C) 76389 D) 56897
 
Answer & Explanation Answer: A) 75263.64

Explanation:

 

 

A=R[(1+i)^n-1]/i(1+i)^n

Report Error

View Answer Report Error Discuss

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

0 4315
Q:

a _ c _ abb _ a _ bc _ bc _ ab

A) c b c a a a B) b c c c a b
C) b c c a a c D) a c b a b c
 
Answer & Explanation Answer: C) b c c a a c

Explanation:

The series is a b c c a b | b c a a b c | a b c c a b

Here, the pattern a b c c a b | b c a a b c is repeated alternatively.

Report Error

View Answer Report Error Discuss

Filed Under: Number Series

4 4314
Q:

A can run 22.5 m while B runs 25 m. In a kilometre race B beats A by

A) 100 m B) 111m
C) 25 m D) 50 m
 
Answer & Explanation Answer: A) 100 m

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Races and Games

3 4314
Q:

In a certain code language, “friend is honest” is written as “hu lip ma”, “honest are men” is written as “lip fi kit” and “men never clever” is written as “fi tigi”. What is the code for “men” in that code language?

A) lip B) fi
C) hu D) ma
 
Answer & Explanation Answer: B) fi

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Coding and Decoding
Exam Prep: Bank Exams

1 4313
Q:

If 6A = 4B = 9C; What is A : B : C?

A) 6 : 4 : 9 B) 9 : 4 : 6
C) 4 : 9 : 6 D) 6 : 9 : 4
 
Answer & Explanation Answer: D) 6 : 9 : 4

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

3 4313
Q:

Satheesh is two years older than Goutham who is twice as old as Sai. If the total of the ages of Satheesh, Goutham and Sai is 27, then how old is Goutham?

A) 12 B) 10
C) 11 D) 13
 
Answer & Explanation Answer: B) 10

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Problems on Ages
Exam Prep: Bank Exams

26 4312
Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence.

In which part of the sentence there is an error ?

A) He is B) Not agreeing
C) To me. D) No error
 
Answer & Explanation Answer: C) To me.

Explanation:

Replace 'to' by 'with'.

Report Error

View Answer Report Error Discuss

Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

3 4311