Quantitative Aptitude - Arithmetic Ability Questions

Q:

A bank offers 20% compound interest per half year. A customer deposits Rs 6000 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is

A) Rs 7680 B) Rs 3840
C) Rs 1920 D) Rs 960
 
Answer & Explanation Answer: B) Rs 3840

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Filed Under: Compound Interest
Exam Prep: AIEEE , Bank Exams

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Q:

Simple interest on a sum for 18 months at 14% per annum is Rs 1365.What is the value (in Rs) of sum?

A) 6100 B) 7300
C) 8100 D) 6500
 
Answer & Explanation Answer: D) 6500

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

The median of the numbers 14, 12, 12, 16, 13 and 18 is

A) 13 B) 14
C) 14.5 D) 13.5
 
Answer & Explanation Answer: D) 13.5

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Filed Under: Average
Exam Prep: Bank Exams

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Q:

Find the median, mode and mean of 9, 5, 8, 9, 9, 7, 8, 9, 8.

A) 9, 9, 9 B) 9, 8, 9
C) 8, 9, 8 D) 8, 9, 9
 
Answer & Explanation Answer: C) 8, 9, 8

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Filed Under: Average
Exam Prep: Bank Exams

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Q:

The reciprocal of the sum of the reciprocals of 3/8 and 8/11 is:

A) 97/24 B) 24/97
C) 88/97 D) 97/88
 
Answer & Explanation Answer: B) 24/97

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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

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Q:

R and S started a business by investing Rs 165000 and Rs 195000 respectively for the same period of time. If R’s share in the profit earned by them is Rs 11000, then what is the total profit (in Rs) earned by both of them together?

A) 22000 B) 40000
C) 26000 D) 24000
 
Answer & Explanation Answer: D) 24000

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

What is the ratio of simple interest earned on certain amount at the rate of 12% for 6 years and that for 12 years?

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

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

In the following question, select the odd number group from the given alternatives.

A) (143, 64) B) (232, 49)
C) (719, 289) D) (462, 169)
 
Answer & Explanation Answer: D) (462, 169)

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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