Quantitative Aptitude - Arithmetic Ability Questions

Q:

Jaclyn buys $50 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the amount of interest Jaclyn will earn for each quarter

A) 1187.50 B) 1234
C) 1289 D) 1345
 
Answer & Explanation Answer: A) 1187.50

Explanation:

I=(p x r x t)/100

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Filed Under: Simple Interest
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0 4803
Q:

If rupee two produces rupees eleven over a period of 30 years, find the rate of simple interest ?

A) 17.25 % B) 18.14 %
C) 18.33 % D) 17.35 %
 
Answer & Explanation Answer: C) 18.33 %

Explanation:

We know that I = PTR/100

11 = (2x30xR)/100

R = 18.333 %

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Filed Under: Simple Interest
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3 4792
Q:

Eight first class and six second class petty officers are on the board of the 56 club. In how many ways can the members elect, from the board, a president, a vice-president, a secretary, and a treasurer if the president and secretary must be first class petty officers and the vice-president and treasurer must be second class petty officers?

A) 1500 B) 1860
C) 1680 D) 1640
 
Answer & Explanation Answer: C) 1680

Explanation:

Since two of the eight first class petty officers are to fill two different offices, we write 8P2=56

 

Then, two of the six second class petty officers are to fill two different offices; thus, we write 6P2 =30

 

The principle of choice holds in this case; therefore, the members have 56 x 30 = 1680 ways to select the required office holders

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0 4791
Q:

If (1 × 2 × 3 × 4 ........ × n) = n!, then 15! - 14! - 13! is equal to ___?

A) 14 × 13 × 13! B) 15 × 14 × 14!
C) 14 × 12 × 12! D) 15 × 13 × 13!
 
Answer & Explanation Answer: D) 15 × 13 × 13!

Explanation:

15! - 14! - 13!

= (15 × 14 × 13!) - (14 × 13!) - (13!)

= 13! (15 × 14 - 14 - 1)

= 13! (15 × 14 - 15)

= 13! x 15 (14 - 1)

= 15 × 13 × 13!

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Filed Under: Permutations and Combinations
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9 4790
Q:

Find the lowest common multiple of 24, 36 and 40?

A) 360 B) 420
C) 240 D) 120
 
Answer & Explanation Answer: A) 360

Explanation:

To find the LCM of 24, 36 and 40

24 = 2 x 2 x 2 x 3

36 = 2 x 2 x 3 x 3

40 = 2 x 2 x 2 x 5 

Now, LCM of 24, 36 and 40 = 2 x 2 x 2 x 3 x 3 x 5

= 8 x 9 x 5

= 72 x 5

= 360

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Filed Under: HCF and LCM
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19 4788
Q:

Simple interest on a certain sum at 7% per annum for 4 years is Rs. 2415. What will be the compound interest on the same principal at 4% per annum in two years?

A) Rs. 704 B) Rs. 854
C) Rs. 893 D) Rs. 914
 
Answer & Explanation Answer: A) Rs. 704

Explanation:

We know that,

S.I. = PTR100 P = S.I x 100T x RAnd also,C.I = P1 + R100n- 1

From given data, P = Rs. 8625

Now, C.I  = 86251+41002-1= 862526252-1= 8625676625-1= 8625 x 51625C.I = Rs. 703.80

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Filed Under: Compound Interest
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11 4783
Q:

Manideep purchases 30kg of barley at the rate of 11.50/kg and 20kg at the rate of 14.25/kg. He mixed the two and sold the mixture in the shop. At what price per kg should he sell the mixture to make 30% profit to him ?

A) 15.84 B) 14.92
C) 13.98 D) 16.38
 
Answer & Explanation Answer: D) 16.38

Explanation:

Given, Manideep purchases 30kg of barley at the rate of 11.50/kg nad 20kg at the rate of 14.25/kg.

Total cost of the mixture of barley = (30 x 11.50) + (20 x 14.25)

=> Total cost of the mixture = Rs. 630

Total kgs of the mixture = 30 + 20 = 50kg

Cost of mixture/kg = 630/50 = 12.6/kg

To make 30% of profit

=> Selling price for manideep = 12.6 + 30% x 12.6

=> Selling price for manideep = 12.6 + 3.78 = 16.38/kg.

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Filed Under: Alligation or Mixture
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11 4782
Q:

82.5% of 2360?

A) 1960 B) 1954
C) 1947 D) 1931
 
Answer & Explanation Answer: C) 1947

Explanation:

Given 82.5% of 2360

 82.5100 x 2360 = 0.825 x 2360 = 1947

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Filed Under: Percentage
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6 4766