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 Quantitative Aptitude - Arithmetic Ability Questions

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Q:

Calculate the periodic interest rate corresponding to:9.0% compounded quarterly

A) 3.45 B) 2.25
C) 5.25 D) 6.25
 
Answer & Explanation Answer: B) 2.25

Explanation:

i=j/m

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

0 3944
Q:

12 men complete a work in 14 days. 5 days after they had started working, 3 men join them. How many more days will all of them take to complete the remaining work?

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

Explanation:

Let p be the required number of days.

From the given data,

12 x 14 = 12 x 5 + (12+3) x p 

12 x 14 = 12[5 + 3p]

14 = 5 + 3p

3p = 9

p = 3 days.

 

Hence, more 3 days all of them take to complete the remaining work.

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

2 3942
Q:

The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

A) 8 B) 10
C) 12 D) 14
 
Answer & Explanation Answer: A) 8

Explanation:

[15000*(1+r/100)2-15000]-(15000*r*2)/100=96

Rate=8%

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

0 3939
Q:

Rs 6300 is divided among A, B and C in the ratio of 1/2 : 1 : 3/5. What is the share (in Rs) of B?

A) 3300 B) 2700
C) 3000 D) 4200
 
Answer & Explanation Answer: C) 3000

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

6 3934
Q:

Find the cost of Rs. 6400, 10% stock at 15 discount?

A) 2000 B) 5440
C) 6000 D) 5140
 
Answer & Explanation Answer: B) 5440

Explanation:

Cost of Rs. 100 stock   = Rs. (100-15)

 

Cost of Rs. 6400 stock = Rs.85100*6400 = Rs. 5440.

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Filed Under: Stocks and Shares

1 3934
Q:

A dealer sells two machines at Rs 12000 each. On one it gains 32% and on the other it looses 32%. What is its profit/loss percentage in the whole transaction?

A) No gain and no loss B) 1% loss
C) 18% profit D) 10.24% loss
 
Answer & Explanation Answer: D) 10.24% loss

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

3 3929
Q:

Which of the following relation is CORRECT?

 

I. (√15 + √7) < (2√22)

II. (√17 + √5) < (√20 + √2)

 

A) Only I B) Only II
C) Neither I nor II D) Both I and II
 
Answer & Explanation Answer: A) Only I

Explanation:
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Filed Under: Square Roots and Cube Roots
Exam Prep: Bank Exams

0 3928
Q:

The sum of the two digits of a number is 8. If the number is subtracted from the number obtained by reversing its digits, the result is 54. Find the number ?

A) 28 B) 19
C) 37 D) 17
 
Answer & Explanation Answer: D) 17

Explanation:

Any two digit number can be written as (10P + Q), where P is the digit in the tens place and Q is the digit in the units place.
P + Q = 8 ----- (1)
(10Q + P) - (10P + Q) = 54
9(Q - P) = 54
(Q - P) = 6 ----- (2)
Solve (1) and (2) P = 1 and Q = 7
The required number is = 17

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Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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