Quantitative Aptitude - Arithmetic Ability Questions

Q:

A card is drawn from a pack of 52 cards. The card is drawn at random. What is the probability that it is neither a spade nor a Jack?

A) 9/13 B) 4/13
C) 10/13 D) 8/13
 
Answer & Explanation Answer: A) 9/13

Explanation:
 

There are 13 spade and 3 more jack


Probability of getting spade or a jack:
=13+352=1652=413

 

So probability of getting neither spade nor a jack:
=1−413 = 9/13

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Filed Under: Probability

7 5512
Q:

Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years? 

A) Rs. 3845 B) Rs. 4826
C) Rs. 5142 D) Rs. 4415
 
Answer & Explanation Answer: B) Rs. 4826

Explanation:

We know the formula for calculating

The compound interest C = P1 + r100n - 1 where P = amount, r = rate of interest, n = time

Here P = 5000, r1 = 10, r2 = 20

Then C = 65001 + 101002 x 1 + 201002 - 1= 6500 x 18562500= 65 x 185625

C = Rs. 4826.

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20 5512
Q:

What is the difference between the compound interests on Rs. 5000 for 112 years at 4% per annum compounded yearly and half-yearly?

A) Rs.3.06 B) Rs.2.04
C) Rs.3.65 D) Rs.5.40
 
Answer & Explanation Answer: B) Rs.2.04

Explanation:

 C.I. when interest compounded yearly

Rs.5000*1+4100*1+12*4100

 Rs.5000*2625*5150

=Rs.5034

 

C.I. when interest iscompounded half-yearly 

 Rs.5000*1+21003

= Rs. 5306.04

Difference = Rs. (5306.04 - 5304) = Rs. 2.04

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Filed Under: Compound Interest
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Job Role: Bank PO

1 5499
Q:

What is the SI on Rs.7500/- at the rate of 10% per annum for 5 years?

A) 3750 B) 2750
C) 1750 D) 750
 
Answer & Explanation Answer: A) 3750

Explanation:

S.I=PNR/100

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Filed Under: Simple Interest
Exam Prep: Bank Exams
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4 5494
Q:

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

A) 3 years B) 4 years
C) 2.5 years D) 2 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

P1+20100n > 2P 

 

 

 

Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.

 

 

 

So, n = 4 years.

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Filed Under: Compound Interest
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11 5493
Q:

What is the probability of an impossible event?

A) 0 B) -1
C) 0.1 D) 1
 
Answer & Explanation Answer: A) 0

Explanation:

The probability of an impossible event is 0.

The event is known ahead of time to be not possible, therefore by definition in mathematics, the probability is defined to be 0 which means it can never happen.

 

The probability of a certain event is 1.

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17 5485
Q:

Gopal borrowed some money at 12% simple interest. If he had to pay back Rs. 1280 after 5 years, in order to clear off the loan. How much did he borrow?

A) Rs. 800 B) Rs. 620
C) Rs. 560 D) Rs. 480
 
Answer & Explanation Answer: A) Rs. 800

Explanation:

Let the principle amount be Rs. P

Interest rate = 12%

Total amount he paid after 5 years = Rs. 1280

ATQ, 

P + I = PTR100 + P1280 = PTR100 + 11280 = P5 x 12100 + 116P10 = 1280P = 80 x 10 = 800

 

Hence, the amount he borrowed = P = Rs. 800.

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Filed Under: Simple Interest
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13 5466
Q:

Vishal and Raghu jointly started a business. Vishal invested three times as Raghu did and invested his money for double time as compared to Raghu. Raghu earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was  ?

A) Rs. 28,000 B) Rs. 18,000
C) Rs. 14,000 D) Rs. 8,000
 
Answer & Explanation Answer: A) Rs. 28,000

Explanation:

Investments ratio is = 3:1
Time period ratio is = 2:1

As they are proportional to gain

------
Gain ratio of Vishal and raghu = 6:1

But given Raghu got Rs. 4000, 

=? 1 ----- 4000
     7 -----    ?

=> Rs.28,000

The total gain = Rs.28,000

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Filed Under: Partnership
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4 5465