Aptitude and Reasoning Questions

Q:

A certain sum is invested for 2 years in scheme M at 20% p.a. compound interest (compounded annually), Same sum is also invested for the same period in scheme N at k% p.a. simple interest. The interest earned from scheme M is twice of that earned from scheme N. What is the value of k?

A) 7 B) 11
C) 9 D) 13
 
Answer & Explanation Answer: B) 11

Explanation:

Interest earned in scheme M =   

P1 + 201002  - 1  = 11P25

Interest earned in scheme N =  

P x k x 2100 = Pk50

 

Now, from the given data,

 

11P25 = 2 x Pk50

k = 11

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Filed Under: Compound Interest
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Q:

Jaclyn buys $50 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the total amount collected at the end of the term.

A) 8125 B) 9125
C) 7125 D) 6125
 
Answer & Explanation Answer: C) 7125

Explanation:

total interest=1187.50*6

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Filed Under: Simple Interest
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1 3634
Q:

If the side of square is increased by 6%, then what will be the percentage increase in its area?

A) 3.2 B) 12.04
C) 12.12 D) 12.36
 
Answer & Explanation Answer: D) 12.36

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

2 3633
Q:

16 persons are participated in a party. In how many differentways can they host the seat in a circular table, if the 2particular persons are to be seated on either side of the host?

A) 16! × 2 B) 14! × 2
C) 18! × 2 D) 14!
 
Answer & Explanation Answer: B) 14! × 2

Explanation:

(16 – 2)! × 2 = 14! × 2

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Filed Under: Permutations and Combinations
Exam Prep: Bank Exams

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Q:

Consider the argument and decide which of the given assumptions is/are implicit.

 

Argument :


With immediate effect, the government asked to shut down all the schools for one week in the region due to severe cold wave.

 

Assumptions:

 

1. The cold wave may continue for one week.

 

2. Concerned parents may not allow their children to attend the school after one week also.

 

 

A) Only assumption 1 is implicit B) Both 1 and 2 are implicit
C) Only assumption 2 is implicit D) Neither 1 nor 2 is implicit
 
Answer & Explanation Answer: A) Only assumption 1 is implicit

Explanation:
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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

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Q:

An electronic device rearranges numbers step-by-step in a particular order according to set of rules. The device stops when the final result is obtained.


Input: 84 15 35 04 18 96 62 08
Step 1: 96 84 15 35 04 18 62 08
Step 2: 96 84 62 15 35 04 18 08
Step 3: 96 84 62 35 15 04 18 08
Step 4: 96 84 62 35 18 15 04 08
Step 5: 96 84 62 35 18 15 08 04
And Step 5 is the last step for this input. Now, find out an appropriate step in the following question following the above rule.

Question:
Input: 16 09 24 28 15 04
What will be the third step for this input ?

A) 28 24 15 16 04 09 B) 28 24 16 15 09 04
C) 24 28 15 16 09 04 D) 28 24 16 15 04 09
 
Answer & Explanation Answer: B) 28 24 16 15 09 04

Explanation:

Carefully obsrving the given arrangement, we find the following pattern:
We observe that the given numbers are arranged in descending order (from left to right), altering the position of only one number in each step, followed by the other numbers as it is. The process continues till the whole set of numbers is arranged in the descending order.

Step1: 28 16 09 24 15 04
Step2: 28 24 16 09 15 04
Step3: 28 24 16 15 09 04

Hence, the answer is B

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Filed Under: Sequential Output Tracing
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Q:

Three medians AD, BE and CF of ΔABC intersect at G; Area of ΔABC is 36 sq cm. Then the area of ΔCGE is

A) 12 sq cm B) 6 sq cm
C) 9 sq cm D) 18 sq cm
 
Answer & Explanation Answer: B) 6 sq cm

Explanation:
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Filed Under: Area
Exam Prep: Bank Exams

3 3625
Q:

Consider the argument and decide which of the given assumptions is/are implicit.

 

Argument :

 

Akbar said to his queen, "Birbal is the wisest man in my kingdom."

 

Assumptions :

 

1. Akbar is not as wise as Birbal.

2. Akbar wants Birbal to become the next King.

 

A) Only assumption 2 is implicit B) Neither 1 nor 2 is implicit
C) Both 1 and 2 are implicit D) Only assumption 1 is implicit
 
Answer & Explanation Answer: D) Only assumption 1 is implicit

Explanation:
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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

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