Quantitative Aptitude - Arithmetic Ability Questions

Q:

A loan shark made a loan of $100 to be repaid with $120 at the end of one month. What was the annual interest rate?

A) 210% B) 220%
C) 230% D) 240%
 
Answer & Explanation Answer: D) 240%

Explanation:

r=I/PT

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Filed Under: Simple Interest
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5 9718
Q:

The market price of an article was 40% more than its cost price. Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the cost price. What was the approximate profit/loss to Rana ?

A) Loss of 12.5% B) Profit of 12.5%
C) Loss of 24.5% D) Profit of 22.5%
 
Answer & Explanation Answer: A) Loss of 12.5%

Explanation:

Let the cost price be Rs. 100
Then, market price is Rs. 140
Now, the first discount is of 28.57% Rs.140 =~ Rs. 40
Hence, its selling price = 140 - 40 = Rs. 100
Now since Rana is selling at cost price, any further discount will be equal to loss percentage.
The next dicount of 12.5% will be the loss percentage to Rana.

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Filed Under: Profit and Loss
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11 9707
Q:

Selling an article at a profit of 20%, Aman gets Rs. 400 more than selling at a loss of 20%. The cost price of the article is ?

A) Rs.1000 B) Rs. 1020
C) Rs.1210 D) Rs.1140
 
Answer & Explanation Answer: A) Rs.1000

Explanation:

Cost price of the article is given by

= 400x100/(20+20)

= Rs.1000

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Filed Under: Profit and Loss
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21 9706
Q:

Courier charges for packages to a certain destination are 65 cents for the first 250 grams and 10 cents for each additional 100 grams or part thereof. What could be the weight in grams of a package for which the charge is $1.55 ?

A) 1155 B) 1145
C) 1040 D) None
 
Answer & Explanation Answer: B) 1145

Explanation:

The weight will be 250g plus (1.55 - 0.65)/0.10 units of 100g

250 + 900 = 1150

This is the maximum weight that can be sent at that price. But, weights exceeding

250 + 800 will also get charged this amount (that is what the ‘part thereof’ implies).

Hence a package weighing 1145 will be charged $1145

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Filed Under: Numbers
Exam Prep: GRE

9 9692
Q:

A drink vendor has 368 liters of Maaza, 80 liters of Pepsi and 144 liters of Sprite. He wants to pack them in cans, so that each can contains the same number of liters of a drink, and doesn't want to mix any two drinks in a can. What is the least number of cans required ?

A) 47 B) 46
C) 37 D) 35
 
Answer & Explanation Answer: C) 37

Explanation:

The number of liters in each can = HCF of 80, 144 and 368 = 16 liters.
Number of cans of Maaza = 368/16 = 23
Number of cans of Pepsi = 80/16 = 5
Number of cans of Sprite = 144/16 = 9
The total number of cans required = 23 + 5 + 9 = 37 cans.

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Filed Under: HCF and LCM
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31 9688
Q:

A boat travels 72 km downstream in 8 hours and 84 km upstream in 12 hours. Find the speed of the boat in still water and the speed of the water current ?

A) 9 and 3 kmph B) 6 and 7 kmph
C) 8 and 1 kmph D) 7 and 2 kmph
 
Answer & Explanation Answer: C) 8 and 1 kmph

Explanation:

Downstream speed = 72km/8hrs  = 9 kmph
upstream speed = 84km/12hrs = 7 kmph
speed of boat = avg of downstream and upstream speeds
speed of boat = (9+7)/2kmph = 8 kmph.
current speed = half of the difference of downstream and upstream speeds
currend speed = (9-7)/2kmph = 1 kmph

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Filed Under: Boats and Streams
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19 9680
Q:

When Raj Tarun was born, his father was 32 years older than his brother and his mother was 25 years older than his sister. If Raj Tarun's brother is 6 years older than Raj Tarun and his mother is 3 years younger than his father, how old was Raj Tarun's sister when Raj Tarun was born ?

A) 5 B) 10
C) 15 D) 8
 
Answer & Explanation Answer: B) 10

Explanation:

Raj Tarun's age = 0 when he was born.
Then, given his brother is 6 years old.
Then his father is 6 + 32 = 38 when Raj Tarun was born
And his mother is 3 years yonger than his father => so his mother was 35 years old when Raj Tarun was born
and his sister is 25 year younger than his mother
so Raj Tarun's sister was 10 years old when Raj Tarun was born.

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Filed Under: Problems on Ages
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12 9676
Q:

If 4th december 1999 is Monday then what day is 3rd january 2000 ?

A) Sunday B) Monday
C) Tuesday D) Wednesday
 
Answer & Explanation Answer: D) Wednesday

Explanation:

Here from 4th December 1999 to 3rd January 2000,
there is a difference of 30 days.
Number of odd days = 30/7 = 2 odd days

Then no. of odd days = 2 => tuesday and wednesday(from monday).

Hence on 3rd january it is wednesday.

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Filed Under: Calendar
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17 9675