Quantitative Aptitude - Arithmetic Ability Questions

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

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Q:

Two cylindrical buckets have their diameters in the ratio 3:1 and their heights are as 1: 3. Find the ratio of their volumes.

A) 2:1 B) 3:1
C) 4:1 D) 5:1
 
Answer & Explanation Answer: B) 3:1

Explanation:

v1v2=r12×h1r22×h2 

 

d1 = 2r1 and d2 = 2r2 are diameters

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Filed Under: Volume and Surface Area
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2 5262
Q:

If watches bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling nine watches ?

A) Rs. 1800 B) Rs. 2000
C) Rs. 2025 D) Rs. 1750
 
Answer & Explanation Answer: C) Rs. 2025

Explanation:

Profit would be maximum if watches are brought for Rs. 200 and sold for Rs. 425
Profit = Rs. (425 - 200) = Rs. 225
Profit of 9 watches = Rs. 225 x 9 = Rs.2,025.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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5 5257
Q:

Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?

A) 16% B) 14.5%
C) 12% D) 10.5%
 
Answer & Explanation Answer: A) 16%

Explanation:

Let cost of each cell phone = Rs.100 & Sale = 100 phones.

Money receipt = Rs.(100 x 100) = Rs.10,000

New cost per cellphone = Rs.120 and New sale = 70 phones

New Money Receipt = Rs.(70 x 120) = Rs.8400

Then the effect of sales = decrease in money receipt = 

160010000 x 100 = 16%.

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Filed Under: Profit and Loss
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14 5254
Q:

A 150 m long train crosses another 210 m long train running in the opposite direction in 10.8 seconds. If the shorter train crosses a pole in 12 seconds, what is the speed of longer train ?

A) 75 kmph B) 80 kmph
C) 54 kmph D) 45 kmph
 
Answer & Explanation Answer: A) 75 kmph

Explanation:

Total distance = 150 + 210 = 360 mts

Time taken to cross each other when moving in opposite direction = 10.8 sec

Relative speed of trains = (350/10.8) x 18/5 = 3600/30 = 120 kmph

Speed of shorter train = (150/12) x 18/5 = 45 kmph

 

Hence, speed of longer train = 120 - 45 = 75 kmph.

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Filed Under: Problems on Trains
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6 5249
Q:

Chennai express left Hyderabad for Chennai at 14 : 30 hours, travelling at a speed of 60 kmph and Charminar Express left Hyderabad for Chennai on the same day at 16 : 30 hours, travelling at a speed of 80 kmph. How far away from Hyderabad will the two trains meet? 

A) 360 kms B) 480 kms
C) 520 kms D) 240 kms
 
Answer & Explanation Answer: B) 480 kms

Explanation:

Now, the distance covered by Chennai express in 2 hrs = 60 x 2 = 120 kms

Let the Charminar Express takes 't' hrs to catch Chennai express

=> 80 x t = 60 x (2 + t)

=> 80 t = 120 + 60t

=> t = 6 hrs

 

Therefore, the distance away from Hyderabad the two trains meet = 80 x 6 = 480 kms.

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10 5248
Q:

Determine the total number of five-card hands that can be drawn from a deck of 52 cards.

A) 2589860 B) 2598970
C) 2598960 D) 2430803
 
Answer & Explanation Answer: C) 2598960

Explanation:

When a hand of cards is dealt, the order of the cards does not matter. If you are dealt two kings, it does not matter if the two kings came with the first two cards or the last two cards. Thus cards are combinations. There are 52 cards in a deck and we want to know how many different ways we can put them in groups of five at a time when order does not matter. The combination formula is used.

C(52,5) = 2,598,960

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1 5247
Q:

If a cellphone is purchased for Rs.490 and sold for Rs.465.50 find the loss percentage?

A) 10 B) 5
C) 20 D) 15
 
Answer & Explanation Answer: B) 5

Explanation:

loss = C.P - S.P = 490 - 465.50 =24.50 

loss % = (loss x 100)/C.P = (24.50 x 100)/490 = 5%

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Filed Under: True Discount

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