Quantitative Aptitude - Arithmetic Ability Questions

Q:

Jason decides to borrow money for a holiday. If a personal loan is taken over 4 years with equal quarterly repayments at 12% p.a. flat rate (simple interest), calculate the effective rate of interest.

A) 22,588 B) 32.588
C) 42.588 D) 43.588
 
Answer & Explanation Answer: A) 22,588

Explanation:

Flat rate = 12%
n = 4 × 4
= 16

Effective rate =2n/(n+1) × flat rate

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Filed Under: Simple Interest
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Q:

Jan invested $210 with a building society in a fixed deposit account that paid 8% p.a. simple interest for 18 months. How much did she receive after the 18 months?

A) 434 B) 345
C) 235.20 D) 233.20
 
Answer & Explanation Answer: C) 235.20

Explanation:

I = (p x r x t)/100

I = $25.20

A = P+I

A = 235.20

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Filed Under: Simple Interest
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Q:

In 100 m race, A covers the distance in 36 seconds and B in 45 seconds. In this race A beats B by

A) 20 m B) 25 m
C) 22.5 m D) 9 m
 
Answer & Explanation Answer: A) 20 m

Explanation:

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Filed Under: Races and Games

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Q:

Solve the following

 

36- [18 - {14 - (15 - 4 / 2 x 2)}]

 

 

A) 23 B) 21
C) 20 D) 22
 
Answer & Explanation Answer: B) 21

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

Derrick's dad bought new tires for $900 using a credit card. His card has an interest rate of 19%. If he has no other charges on his card and does not pay off his balance at the end of the month, how much money will he owe after one month?

A) 11.25 B) 13.25
C) 14.25 D) 15.25
 
Answer & Explanation Answer: C) 14.25

Explanation:

I=prt

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Filed Under: Simple Interest
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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:

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Q:

Let K and L be events on the same sample space, with P (K) = 0.8 and P (B) = 0.6. Are these two events are disjoint ?

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

These two events cannot be disjoint because P(K) + P(L) > 1.


P(AꓴB) = P(A) + P(B) - P(AꓵB).


An event is disjoint if P(A ꓵ B) = 0. If K and L are disjoint P(K ꓴ L) = 0.8 + 0.6 = 1.4


And Since probability cannot be greater than 1, these two mentioned events cannot be disjoint.

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Subject: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Find the average of first 20 multiples of 9.

 

A) 94.8 B) 94.7
C) 94.6 D) 94.5
 
Answer & Explanation Answer: D) 94.5

Explanation:
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Filed Under: Average
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