Quantitative Aptitude - Arithmetic Ability Questions

Q:

Population of a colony of mosquitoes is increasing by 20% per day. If the population on Monday was 3000, on which day of that week the population would be 5184 ?

A) Thursday B) Friday
C) Tuesday D) Monday
 
Answer & Explanation Answer: A) Thursday

Explanation:

Given monday population = 3000
Per day 20% increase in population.

Tuesday population = 3000 + 3000x20/100 = 3000 + 600 = 3600

Wednesday population =3600 + 3600x20/100 = 3600 + 720 = 4320

Thursday population = 4320 + 4320x20/100 = 4320 + 864 = 5184

So that day is Thursday.

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Filed Under: Percentage
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3 5993
Q:

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:

A) 625 B) 635
C) 645 D) 655
 
Answer & Explanation Answer: A) 625

Explanation:

Let the sum be Rs. x. Then

C.I=x[1+4/100)^2-x]=[626/675x-x]

S.I=x^2/25

C.I-S.I=1

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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0 5984
Q:

The present of Rs.169 due in 2years at 4% per annum compound interest is

A) Rs.150.50 B) Rs.154.75
C) Rs.156.25 D) Rs.158
 
Answer & Explanation Answer: C) Rs.156.25

Explanation:

Present worth = 169/(1+4/100)^n = 156.25

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Filed Under: Simple Interest
Exam Prep: GRE
Job Role: Analyst

4 5983
Q:

Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

A) Rs.512 B) Rs.515
C) Rs.612 D) Rs.522
 
Answer & Explanation Answer: C) Rs.612

Explanation:

Amount

= Rs[7500x(1+4/100)²]

=Rs.(7500 * 26/25 * 26/25)

=Rs.8112

 

 C.I

= Rs(8112 - 7500)

=Rs.612

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Filed Under: Compound Interest
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3 5978
Q:

The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ?

A) Rs. 6000 B) Rs. 5550
C) Rs. 7500 D) Rs. 6580
 
Answer & Explanation Answer: A) Rs. 6000

Explanation:

Let the sum invested be Rs. P

Let the rate of interest be R% per annum

=> Interest earned for 5 years = (P x 5 x R/100) = PR/20

Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)%

=> SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100

Hence,

PR/20 + 10P/100 = PR/20 + 600

=> P = 6000

Therefore, the sum invested is Rs. 6000

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Filed Under: Simple Interest
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13 5977
Q:

In a 100 litre of mixture the ratio of milk and water is 6:4. How much milk must be added to the mixture in order to make the ratio 3 : 1?

A) 85 B) 60
C) 55 D) 45
 
Answer & Explanation Answer: B) 60

Explanation:

Let M litres milk be added


=> 60 + M40 = 31


=> 60 + M = 120


=> M = 60 lit.

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Filed Under: Alligation or Mixture
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15 5971
Q:

A bag contains 5 red smileys, 6 yellow smileys and 3 green smileys. If two smileys are picked at random, what is the probability that both are red or both are green in colour?

A) 7 B) 1/7
C) 3/7 D) 0
 
Answer & Explanation Answer: B) 1/7

Explanation:

Given total number of smileys = 5 + 6 + 3 = 14

Now, required probability = 

5C214C2 + 3C214C2 = 1091 + 391 = 1391 = 17

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Filed Under: Probability
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17 5963
Q:

On Rs. 3500 invested at a simple interest rate of 7 per cent per annum, Rs. 500 is obtained as interest in certain years. In order to earn Rs. 800 as interest on Rs. 4900 in the same number of years, what should be the rate of simple interest?

A) 8% B) 7.5%
C) 9% D) 8.5%
 
Answer & Explanation Answer: A) 8%

Explanation:

From the given data,

3500x7xt/100 = 500

=> t = 100/49 years

Now, in the second case

The interest per year = 49/100 x 800 = 392

 => 4900 x 1 x r/100 = 392

=> r = 8%

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Filed Under: Simple Interest
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10 5959