Quantitative Aptitude - Arithmetic Ability Questions

Q:

The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8,748, its purchase price was ?

A) Rs.14,000 B) Rs.12,000
C) Rs. 12,800 D) Rs. 15,000
 
Answer & Explanation Answer: B) Rs.12,000

Explanation:

We have P = 8748, R = -10 and n = 3
Therefore, the purchase price of the machine
= P1+R100n= 87481-101003
= 8748 x (100/90) x (100/90) x (100/90)
= 12,000.

 

Therefore, the purchase price of the machine was Rs. 12,000.

Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

7 9354
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.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

11 9349
Q:

What is the median of the following list of numbers

 

55, 53, 56, 59, 61, 69, and 31 ?

A) 55 B) 56
C) 59 D) 61
 
Answer & Explanation Answer: B) 56

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Probability
Exam Prep: Bank Exams

1 9323
Q:

X can complete the work in 10 days, Y can do the same in 15 days. If they are hired for 5 days to do the work together, what is the work that left unfinished?

A) 1/3 B) 2/3
C) 1/6 D) 5/6
 
Answer & Explanation Answer: C) 1/6

Explanation:

Given X can do in 10 days 

=> 1 day work of X = 1/10

 

Y can do in 15 days 

=> 1 day work of Y = 1/15

 

1day work of (X + Y) = 1/10 + 1/15 = 1/6

 

Given they are hired for 5 days

 => 5 days work of (X + Y) = 5 x 1/6 = 5/6

 Therefore, Unfinished work = 1 - 5/6 = 1/6 

Report Error

View Answer Report Error Discuss

Filed Under: Time and Work
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

11 9322
Q:

There are eight boxes of chocolates, each box containing distinct number of chocolates from 1 to 8. In how many ways four of these boxes can be given to four persons (one boxes to each) such that the first person gets more chocolates than each of the three, the second person gets more chocolates than the third as well as the fourth persons and the third person gets more chocolates than fourth person? 

A) 70 B) 40
C) 72 D) 80
 
Answer & Explanation Answer: A) 70

Explanation:

All the boxes contain distinct number of chocolates.
For each combination of 4 out of 8 boxes, the box with the greatest number has to be given to the first person, the box with the second highest to the second person and so on.

 

The number of ways of giving 4 boxes to the 4 person is: 8C4= 70

Report Error

View Answer Report Error Discuss

5 9316
Q:

Two pipes A and B can fill a tank in 15 min and 20 min respectively. Both the pipes are opened together but after 4 min, pipe A is turned off. What is the total time required to fill the tank ?

A) 15 min 20 sec. B) 16 min 40 sec.
C) 13 min 10 sec. D) 14 min 40 sec.
 
Answer & Explanation Answer: D) 14 min 40 sec.

Explanation:

Part filled in 4 minutes = 4(1/15 + 1/20) = 7/15

 

Remaining part = 1 - 7/15 = 8/15

 

Part filled by B in 1 minute = 1/20

 

1/20 : 8/15 :: 1 : k

 

k = (8/15 )x 1 x 20 = 10( 2/3) min = 10 min 40 sec.

 

The tank will be full in (4 min. + 10 min. 40 sec) = 14 min 40 sec.

Report Error

View Answer Report Error Discuss

Filed Under: Pipes and Cistern
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

7 9313
Q:

A contractor undertook to complete a piece of work in 120 Days and employed 140 men upon it. At the end of 66 days only half of the work was done,so he put on 25 extra men. By how much time did he exceed the specific time ?

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

Explanation:

work done=total number of person x number of days;
half of work done = 140 x 66;
For half of remaining work 25 extra men are added.
Therefore, total men for half work remaining = 140 + 25 = 165;
Let 2nd half work will be completed in K days;
140 x 66 = 165 x K
K = 122;
Hence, extra days => 122-120 = 2days.

Report Error

View Answer Report Error Discuss

Filed Under: Time and Work
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

12 9305
Q:

Arun, Kamal and Vinay invested Rs.8000, Rs.4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?

Report Error

View answer Workspace Report Error Discuss

Subject: Partnership

59 9303