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 5227
Q:

The average score of boys in an examination in a school is 81 and that of the girls is 83 and the average score of the school is 81.8. Then what will be ratio between the number of girls to the number of boys, in the examination?

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

Explanation:

Let the number of boys = b

Let the number of girls = g

From the given data,

 

81b + 83g = 81.8(b + g)

81.8b - 81b = 83g - 81.8g

0.8b = 1.2g

b/g = 1.2/0.8 = 12/8 = 3/2

=> g : b = 2 : 3

 

Hence, ratio between the number of girls to the number of boys = 2 : 3.

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Filed Under: Average
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Q:

How long will it take $3000 to earn $60 interest at 6%?

A) 2months B) 3months
C) 4months D) 5months
 
Answer & Explanation Answer: C) 4months

Explanation:

t=I/pr

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

3 5224
Q:

 It was Sunday on Jan 1, 2006. What was the day of the week Jan 1, 2010?

A) Sunday B) Saturday
C) Friday D) Wednesday
 
Answer & Explanation Answer: C) Friday

Explanation:

On 31st December, 2005 it was Saturday.

 

 

 

Number of Odd days from the year 2006 to the year 2009 = (1+1+2+1)=5 days.

 

 

 

 On 31st december 2009, It was Thursday

 

 

 

Thus, on 1st Jan, 2010 it is Friday.

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Filed Under: Calendar

6 5223
Q:

A flagstaff 17.5 m high casts a shadow of length 40.25 m. What will be the height of a building, which casts a shadow of length 28.75 m under similar conditions ?  

A) 14 cm B) 13.5 cm
C) 12.5 cm D) 11.4 cm
 
Answer & Explanation Answer: C) 12.5 cm

Explanation:

Let the required height of the building be x meter

More shadow length, More height(direct proportion)

Hence we can write as

(shadow length) 40.25 : 28.75 :: 17.5 : x
⇒ 40.25 × x = 28.75 × 17.5
⇒ x = 28.75 × 17.5/40.25
= 2875 × 175/40250
= 2875 × 7/1610
= 2875/230
= 575/46
= 12.5 cm

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Filed Under: Height and Distance
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17 5220
Q:

Find the effective rate of interest for an investment that earns 5 1/2% per year, compounded continuously

A) 5.65% B) 5.75%
C) 5.85% D) 5.95%
 
Answer & Explanation Answer: A) 5.65%

Explanation:

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

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Filed Under: Compound Interest
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1 5218
Q:

Kavya's birthday is on Tuesday 4th July. On what day of the week will be Anika's Birthday in the same year, if Anika was born on 15th August?

A) Wednesday B) Friday
C) Saturday D) Tuesday
 
Answer & Explanation Answer: D) Tuesday

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

23 5209
Q:

Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

A) Rs, 1109 B) Rs. 1107
C) Rs. 1111 D) Rs. 1113
 
Answer & Explanation Answer: B) Rs. 1107

Explanation:

From the given data,

K's profit : L's profit = 7x x 11 : 9x x 7

= 11:9

Therefore, L's profit = 9 x 2460/20 =  Rs. 1107

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Filed Under: Partnership
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