Quantitative Aptitude - Arithmetic Ability Questions

Q:

What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is

A) Rs. 1600 B) Rs. 1200
C) Rs. 1800 D) Rs. 1400
 
Answer & Explanation Answer: A) Rs. 1600

Explanation:

Since the compound interest is taken here,

 

 PW1+51002=1764

 

=> PW = 1600

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Filed Under: Banker's Discount

1 5150
Q:

A sum of money at simple interest amounts to Rs. 415 in 2 years and to Rs. 514 in 4 years. The sum is ?

A) Rs. 316 B) Rs. 251
C) Rs. 154 D) Rs. 294
 
Answer & Explanation Answer: A) Rs. 316

Explanation:

S.I. for 2 years = (514 - 415) = Rs. 99
S.I. for 1 year = 99/2

Principal = (415 - 99) = Rs. 316.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

2 5147
Q:

What will be added to the unit digits of the number 86236 so that number will be divisible by 9  ?

A) 1 B) 2
C) 3 D) 0
 
Answer & Explanation Answer: B) 2

Explanation:

A number is divisible by 9 only if the sum of the digits of the number is divisible by 9.

Here 86236 = 8 + 6 + 2 + 3 + 6 = 25

We must add 2 to 25 to become 27 which is divisible by 9.

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Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

4 5146
Q:

If a quarter kg of potato costs 60 paise, how many paise will 200 gm cost?

A) 48 paise B) 54 paise
C) 56 paise D) 72 paise
 
Answer & Explanation Answer: A) 48 paise

Explanation:

Let the required weight be x kg.

 

 

 

Less weight, Less cost (Direct Proportion)

 

 

 

 250 : 200 :: 60 : x   =>    250 x x = (200 x 60)

 

 

 

=>

 

 

 

=> x = 48.

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2 5140
Q:

Evaluate : 3.392-2.6123.39-2.69?

A) 3 B) 4
C) 6 D) 1
 
Answer & Explanation Answer: C) 6

Explanation:

 

It is in the form of a2-b2a-b = a+ba-ba-b = a+b

 

Here a = 3.39   b = 2.61 

 

 = 3.39 + 2.61 = 6.

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Filed Under: Decimal Fractions
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

6 5139
Q:

0.01+0.0064 =?

A) 0.03 B) 0.3
C) 0.42 D) None of these
 
Answer & Explanation Answer: B) 0.3

Explanation:

0.01+0.0064=0.01+6410000=0.01+8100 =0.01+0.08=0.3

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11 5138
Q:

Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?

A) 1548 B) 1348
C) 1648 D) 1748
 
Answer & Explanation Answer: C) 1648

Explanation:

FV1 = Future value of $2000, 1 year later
= PV (1+  i)^n

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

2 5130
Q:

The ratio of the speed of a boat downstream and speed of the stream is 9:1. If the speed of the current is 3 km per hr, find the distance travelled by the boat upstream in 5 hours.

A) 100 km B) 98 km
C) 109 km D) 105 km
 
Answer & Explanation Answer: D) 105 km

Explanation:

Let the speed of boat in still water is ‘x’ km/hr & that of stream is ‘y’ km/hr.
Then, ATQ
(x+y)/y = 9/1 9y = x + y
x = 8y
y = 3 km/hr
So, x = 24 km/hr
Upstream speed = 24-3 = 21 km/hr
Hence, distance travelled upstream in 5 hours = 21*5 = 105 km.

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Filed Under: Boats and Streams
Exam Prep: Bank Exams

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