Quantitative Aptitude - Arithmetic Ability Questions

Q:

Yayati sold an item at a loss of 13%. If he had sold it for Rs. 49 more, he would have made a profit of 22%. What should be the selling price of the item to gain a profit of 30%?

A) Rs. 190 B) Rs. 187.75
C) Rs. 192.30 D) Rs. 182
 
Answer & Explanation Answer: D) Rs. 182

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

If in 3 years at simple interest the principal increases by 18%, what will be the compound interest (in Rs) earned on Rs. 25,000 in 3 years at the same rate?

A) 4775.4 B) 5774.4
C) 4557.4 D) 5575.4
 
Answer & Explanation Answer: A) 4775.4

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

On a certain Principal if the Simple interest for two years is Rs 4800 and Compound interest for the two years is Rs 5088, what is the rate of Interest?

A) 6 percent B) 24 percent
C) 12 percent D) 18 percent
 
Answer & Explanation Answer: C) 12 percent

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

A and B can together complete a task in 18 hours. After 6 hours A leaves. B takes 36 hours to finish rest of the task. How many hours would A have taken to do the task if he worked alone?

A) 54 B) 45
C) 21 D) 27
 
Answer & Explanation Answer: D) 27

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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

Marked price of an article is Rs 520 and selling price is Rs 384.8. What is the discount percentage?

A) 26 B) 24.42
C) 35.13 D) 29
 
Answer & Explanation Answer: A) 26

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

If 1 saree is offered free on purchase of 3 sarees, what is the effective discount on each saree?

A) 20% B) 30%
C) 25% D) 40%
 
Answer & Explanation Answer: C) 25%

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

Makarand works 2 times as fast as Samarjit. If Samarjit can complete a job alone in 27 days, then in how many days can they together finish the job?

A) 6 days B) 7 days
C) 5 days D) 9 days
 
Answer & Explanation Answer: D) 9 days

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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

Both S.I. and C.I. is calculated with a similar rate of 10% per annum on a sum of rupees. If C.I. is calculated yearly for two years, then for what period must S.I. be evaluated such that S.I. = C.I.?

A) 4.2 years B) 2.1 years
C) 1.1 years D) 1.4 years
 
Answer & Explanation Answer: B) 2.1 years

Explanation:

Let time period of S.I. be T years.

Then for a principal amount, say P,

ATQ, as, S.I. = C.I. for rate =10%p.a. and

time for C.I. = 2(P x 10 x T)/100 = P{[ (100+10)/100 ]2-1}T/10 = [ 110/100 ]2–1 = [(11/10)2–1] = (121-100)/100T/10 = 21/100T = 21/10 = 2.1 years

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

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