Quantitative Aptitude - Arithmetic Ability Questions

Q:

The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?

A) 8560 B) 8673
C) 8746 D) 8780.80
 
Answer & Explanation Answer: D) 8780.80

Explanation:

when interest is reckoned using compound interest, interest being compounded annually. The difference in the simple interest and compound interest for two years is on account of the interest paid on the first year's interest  Hence 12% of simple interest = 90 => simple interest =90/0.12 =750.

As the simple interest for a year = 750 @ 12% p.a., the principal =750/0.12 = Rs.6250.

If the principal is 6250, then the amount outstanding at the end of 3 years = 6250 + 3(simple interest on 6250) + 3 (interest on simple interest) + 1 (interest on interest on interest) = 6250 +3(750) + 3(90) + 1(10.80) = 8780.80.

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

20 27490
Q:

A pump can fill a tank with water in 2 hours. Because of a leak, it took 213 hours to fill the tank. The leak can drain all the water of the tank in:

A) 7 hours B) 8 hours
C) 12 hours D) 14 hours
 
Answer & Explanation Answer: D) 14 hours

Explanation:

If the total area of pump=1 part

The pumop take 2 hrs to fill 1 part 

The pumop take1 hour to fill 1/2 portion 

 

Due to lickage  

The pumop take 7/3 hrs to fill 1 part 

The pumop take1 hour to fill 3/7 portion 

Now the difference of area = (1/2-3/7)=1/14 

 

This 1/14 part of water drains in 1 hour 

Total area=1 part of water drains in (1x14/1)hours= 14 hours 

 

So the leak can drain all the water of the tank in 14 hours. 

Leak will empty the tank in 14 hrs

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Filed Under: Pipes and Cistern
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

86 27466
Q:

What percent decrease in salaries would exactly cancel out the 20 percent increase ?

A) (16 + 2/3) % B) (15 + 2/3)%
C) (14 +1/3)% D) (13 + 4/5)%
 
Answer & Explanation Answer: A) (16 + 2/3) %

Explanation:

Let the orginal salary = Rs. 100. New's salary = Rs.120.

Decrease on 120 = 20. Decrease on 100 = [(20/120)*100]% = (16 + 2/3) %. 

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Filed Under: Percentage

55 27452
Q:

In a game of 100 points, A can give B 20 points and C 28 points. Then, B can give C is

A) 8 points B) 10 points
C) 14 points D) 40 points
 
Answer & Explanation Answer: B) 10 points

Explanation:

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Filed Under: Races and Games

28 27334
Q:

A, B, C subscribe Rs. 50,000 for a business, A Subscribes Rs. 4000 more than B and B Rs. 5000 more thanC. Out of a total profit  of Rs. 35,000, A receives :

A) 14700 B) 15000
C) 12000 D) 13500
 
Answer & Explanation Answer: A) 14700

Explanation:

Let C = x. Then, B = x + 5000  and A =  x + 5000 + 4000 = x + 9000.

So,  x + x + 5000 + x + 9000 = 50000  <=>  3x = 36000  <=>

x = 12000.

A : B : C =  21000 : 17000 : 12000 = 21 : 17 : 12.

A's share = Rs. (35000 * 21/50 ) = Rs. 14,700.

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Filed Under: Partnership

25 27321
Q:

A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit percentage ?

A) 6% B) 8%
C) 10% D) 12%
 
Answer & Explanation Answer: B) 8%

Explanation:

Let the shopkeeper buy 300g for Rs.300. Now he sells 100g for Rs.110, another 100g for Rs120, and the rest 100g for Rs94. 

 

Therefore, the total amount he receives = Rs.110 + Rs.120 + Rs.94 = 324. 

 

Therefore, the shopkeeper spends Rs.300 and gets back Rs.324.

 

Therefore, his profit percentage = 24300x100 % = 8%

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

51 27281
Q:

In the following question, select the odd letter/letters from the given alternatives.

 

A) GHJM B) PQSV
C) MNPR D) STVY
 
Answer & Explanation Answer: C) MNPR

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

The difference between the length and breadth of a rectangle is 23 m. If its perimeter is 206 m, then its area is:

A) 2520 B) 2420
C) 2320 D) 2620
 
Answer & Explanation Answer: A) 2520

Explanation:

We have: (l - b) = 23 and 2(l + b) = 206 or (l + b) = 103.
Solving the two equations, we get: l = 63 and b = 40.
Area = (l x b) = (63 x 40) = 2520 sq.m

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

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