Aptitude and Reasoning Questions

Q:

A loan is made for $3500 with an interest rate of 9% and payments made annually for 4 years. What is the payment amount?

A) 8906 B) 1089
C) 1070 D) 1080.34
 
Answer & Explanation Answer: D) 1080.34

Explanation:

 

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

 

 

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Filed Under: Compound Interest
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Q:

What least number must be substracted from 627349 so that the remaining number is divisible by 15 ?

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

Explanation:

On dividing 627349 by 15, we get remainder = 4.
Therefore, the obtained remainder is the least number to be subtracted from the given number so that the the mnumber is divisible by 15.
Here 4 is the least number to be subtracted from 627349 so that it is divisible by 15.

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Filed Under: Numbers
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Q:

A,B and C together can finish a task in 7.5 days. C is thrice as productive as A and B alone can do the task in 15 days. In how many days can A and C do the job if B goes on leave?

A) 30 B) 10
C) 20 D) 15
 
Answer & Explanation Answer: D) 15

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

11 3413
Q:

Calculate the future value of $3,000 invested at 7% for 5 years

A) 4207.66 B) 5207
C) 4376 D) 5687
 
Answer & Explanation Answer: A) 4207.66

Explanation:

F=P(1+i)^n

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Q:

In the following question, various terms of an alphanumerical series are given with one or more terms missing as shown by (?). Choose the missing terms out of the given alternatives. D-4, F-6, H-8, J-10, ?, ?

A) L-12,N-14 B) K-12, M-14
C) K-14, M-14 D) K-12, M-14
 
Answer & Explanation Answer: A) L-12,N-14

Explanation:

The letters are alternate and the numbers indicate their position in the alphabet from the beginning.

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Q:

Raghu bought an article for Rs. 14,360 and spent Rs. 240 on its transportation. At what amount he has to sell it to get a profit of 15%? (in Rs.)

A) ₹ 16,000 B) ₹ 16,790
C) ₹ 16,150 D) ₹ 16.500
 
Answer & Explanation Answer: B) ₹ 16,790

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

0 3409
Q:

Choose the alternative where the third segment in the statement can be logically deduced using both the preceding two, but not just from one of them.

I. All IIMs are in India. No BIMs are in India. No IIMs are BIMs

II. All IIMs are in India. No BIMs are in India .No BIMs are IIMs

III. Some IIMs are not in India. Some BIMs are not in India. Some IIMs are BIMs.

IV. Some IIMs are not in India. Some BIMs are not in India. Some BIMs are IIMs.

A) I Only B) II Only
C) I and II D) III and IV
 
Answer & Explanation Answer: C) I and II

Explanation:
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Filed Under: Logic

1 3408
Q:

What is a Common Multiple?

Answer

If the Multiples for two or more numbers which are Common, then those Multiples are said to be Common Multiples. 


 


For Example :


Multiples of 3 are 3, 6, 9, 12, 15, 18, 21, 24, 27, 30,...


Multiples of 5 are 5, 10, 15, 20, 25, 30,...


Here common multiples of 3 & 5 upto 30 are 15, 30.

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