Quantitative Aptitude - Arithmetic Ability Questions

Q:

Derrick's dad bought new tires for $900 using a credit card. His card has an interest rate of 19%. If he has no other charges on his card and does not pay off his balance at the end of the month, how much money will he owe after one month?

A) 11.25 B) 13.25
C) 14.25 D) 15.25
 
Answer & Explanation Answer: C) 14.25

Explanation:

I=prt

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

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Q:

The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker's discount and the banker's gain.

A) Rs.145 B) Rs.136
C) Rs.121 D) Rs.112
 
Answer & Explanation Answer: C) Rs.121

Explanation:

T.D. =Ö(P.W.*B.G)

B.G. =(T.D.)2/ P.W.      

       = Rs.[(110x110)/ 1100]

       = Rs. 11.

 

B.D.= (T.D. + B.G.) = Rs. (110 + 11) = Rs. 121.

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Filed Under: Banker's Discount

1 4666
Q:

In how many ways a committee, consisting of 5 men and 6 women can be formed from 8 men and 10 women?

A) 11670 B) 12000
C) 11760 D) 20050
 
Answer & Explanation Answer: C) 11760

Explanation:

Required number of ways= 8C5×10C6 = (8C3×10C4)= 11760.

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1 4663
Q:

Sharon Stone deposits $2000 at the end of each year in an account earning 10% compounded annually. Determine how much money she has after 25 years. How much interest did she earn?

A) 146694.12 B) 13452
C) 18232 D) 15627
 
Answer & Explanation Answer: A) 146694.12

Explanation:

S=R[(1+i)^n-1]/i

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 4660
Q:

K can lay Highway road between two cities in 16 days. L can do the same job in 12 days. With the help of M, they completes the job in 4 days. How much days does it take for M alone to complete the work ?

A) 47/7 days B) 59/6 days
C) 48/5 days D) 57/5 days
 
Answer & Explanation Answer: C) 48/5 days

Explanation:

Amount of work K can do in 1 day = 1/16

Amount of work L can do in 1 day = 1/12

Amount of work K, L and M can together do in 1 day = 1/4

Amount of work M can do in 1 day = 1/4 - (1/16 + 1/12) = 3/16 – 1/12 = 5/48

=> Hence M can do the job on 48/5 days = 9 (3/5) days  

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

9 4657
Q:

A seller charges 28% more from a customer as GST on an article. If customer paid Rs. 4544, what is the cost price of the article?

A) Rs. 3550 B) Rs. 2650
C) Rs. 3840 D) Rs. 2450
 
Answer & Explanation Answer: A) Rs. 3550

Explanation:

Let the cost price of the article be 'P'

Then from given data,

P + 28P100 = 4544=> 128P = 454400=> P = 3550

Hence, the cost price of the article = P = Rs. 3550

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

15 4656
Q:

By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at ?

A) Rs. 145 B) Rs. 245.1
C) Rs. 96 D) Rs. 75
 
Answer & Explanation Answer: C) Rs. 96

Explanation:

Michel earns Rs. 135 by investing Rs. 1620
To earn Rs. 8 how much he have to invest...?

= (8 x 1620)/135 = Rs. 96

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Filed Under: Stocks and Shares
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

8 4655
Q:

To fill 8 vacancies there are 15 candidates of which 5 are from ST. If 3 of the vacancies are reserved for ST candidates while the rest are open to all, Find the number of ways in which the selection can be done ?

A) 7920 B) 74841
C) 14874 D) 10213
 
Answer & Explanation Answer: A) 7920

Explanation:

ST candidates vacancies can be filled by C35 ways = 10 

Remaining vacancies are 5 that are to be filled by 12 

=> C512= (12x11x10x9x8)/(5x4x3x2x1) = 792 

Total number of filling the vacancies = 10 x 792 = 7920

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

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