Quantitative Aptitude - Arithmetic Ability Questions

Q:

How many digits will be there to the right of the decimal point in the product of 85.44 and .08455 ?

A) 7 B) 5
C) 4 D) 6
 
Answer & Explanation Answer: D) 6

Explanation:

Sum of decimal places = 7.

Since the last digit to the extreme right will be zero (since 4 x 5 = 20), so there will be 6 significant digits to the right of the decimal point.

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams
Job Role: Bank Clerk

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Q:

A man buys a watch for Rs1950 in cash and sells it for Rs 2200 at a credit of 1 yr. The rate of interest is 10% per annum. Then he gains or loose how much amount?

A) 50 B) 55
C) 15 D) 45
 
Answer & Explanation Answer: A) 50

Explanation:

S.P = P.W of Rs. 2200 due 1yr hence = Rs. [(2200 x 100)/100+(10 x 1)] = Rs.2000 

 

Gain = Rs.(2000-1950) = Rs. 50

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Filed Under: True Discount

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Q:

Find the compound amount if $1200 is deposited at 8% interest for 11 years if interest is compounded continuously

A) 1456 B) 1456
C) 1693.08 D) 1890
 
Answer & Explanation Answer: C) 1693.08

Explanation:

M=Pe^yr

 

2893.08

 

I=M-P

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Q:

ln a company all Mondays and Sundays are offs. If a month starts with a Monday and has 31 days then how manys offs will be there in that month?

A) 7 B) 8
C) 9 D) 5
 
Answer & Explanation Answer: C) 9

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

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Q:

Example:$800 is invested at 7% for 6 years.Find the interest compounded anually?

A) 400.58 B) 300.58
C) 200.58 D) 100.58
 
Answer & Explanation Answer: A) 400.58

Explanation:

M=P(1+i)^n

 

I=M-P

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Q:

‘X’ is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ‘X’ allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

A)  Rs 2750  B)  Rs 3200 
C)  Rs 2500  D)  Rs 2700 
 
Answer & Explanation Answer: D)  Rs 2700 

Explanation:

Let cost price of each bread packet = a Rs.

So, marked price of each bread packet = 2.5a

And selling price of each bread packet = 2.5a × 60/100 = 1.5a

Given, 1.5a –

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

A man lent a sum of money at the rate of simple interest of 4%. If the interest for 8 years is Rs 340 less than the principal, the principal is

A) Rs 500 B) Rs 520
C) Rs 540 D) Rs 560
 
Answer & Explanation Answer: A) Rs 500

Explanation:

Rate = 4%

Time = 8 years

Simple Interest = PTR/100

= 32P/100

Given, P –32P/100 = 34068

P = 34000

P = 500

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Filed Under: Simple Interest

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Q:

In a fort there was sufficient food for 200 soldiers for 31 days. After 27 days, 120 soldiers left the fort. For how many extra days will the rest of the food last for the remaining soldiers?

A) 12 days B) 10 days
C) 8 days D) 6 days
 
Answer & Explanation Answer: B) 10 days

Explanation:

Quantity of food = 200 X 31 = 6200 man-days

Till 27 days, quantity consumed = 27 X 200 = 5400 man-days

Remaining quantity = 6200 –5400 = 800 man days

Remaining soilders = 200 –120 = 80

Let remaining food will be sufficient for x days⇒5400 + 80x = 6200⇒x= 10 days

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Filed Under: Time and Work
Exam Prep: Bank Exams

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