Quantitative Aptitude - Arithmetic Ability Questions

Q:

An article costs Rs 50 presently. The rate of inflation is 300%. What will be cost of this article after two years?

A) Rs 200 B) Rs 600
C) Rs 800 D) Rs 1000
 
Answer & Explanation Answer: C) Rs 800

Explanation:

A = P(1 + r/100)n   50(1 + 300/100)2   50(4)2  800

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Filed Under: Compound Interest
Exam Prep: Bank Exams

5 2816
Q:

Two shirts are bought at the rate of Rs 400 each. Shopkeeper sells one at the profit of 150% and other at the loss of 150%. What will be the total profit or loss in the whole transaction?

A) Loss of Rs 50 B) No profit/loss
C) Profit of Rs 25 D) Loss of Rs 150
 
Answer & Explanation Answer: B) No profit/loss

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

4 2813
Q:

Divide Rs. 210 in the ratio 2:3:4:5. Th respective amounts are:

A) 30,45,65&70 B) 30,45,60&75
C) 35,40,60&75 D) 30,40,60&80
 
Answer & Explanation Answer: B) 30,45,60&75

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

5 2812
Q:

A student multiplied a number by 4/5 instead of 5/4. What is the percentage error in the calculation?

A) 56.25 percent B) 18 percent
C) 28.13 percent D) 36 percent
 
Answer & Explanation Answer: D) 36 percent

Explanation:
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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT

0 2808
Q:

If x + [1/(4x)] = 5/2, then what is the value of (64x6+ 1)/8x3?

A) 110 B) 115
C) 125 D) 140
 
Answer & Explanation Answer: A) 110

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

8 2808
Q:

Mr. Kiran sold a bus for Rs. 18700 at a loss of 15%. At what price should the bus be sold to get a profit of 15%?

A) Rs. 25523 B) Rs. 25522
C) Rs. 25300 D) Rs. 25521
 
Answer & Explanation Answer: C) Rs. 25300

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

4 2805
Q:

A starts a business, after 6 months B also join him with Rs.4500 and after 2 months of B’s joining C also join them with Rs.4500. If A gets approx. Rs 4900 out of total annual profit of Rs. 10,000 then find the approximate value of initial investment of A.

A) Rs.4800 B) Rs.4200
C) Rs.3600 D) Rs.4400
 
Answer & Explanation Answer: C) Rs.3600

Explanation:

Let initial investment of A = x
Ratio of profit A : B : C = 12 × x : 6×4500 :4×4500
A :B:C = x : 2250: 1500
Now ATQx/(x+2250+1500) = 4900/10000
solving this we get,x ≈ Rs 3600

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1 2804
Q:

A man has 3 sons, 2 daughters and a wife. They divided a sum of Rs 19000 among themselves such that each daughter got 1.5 times the amount received by each son and his wife received 600 less than each son. What is the total amount (in Rs) received by the 3 sons together?

A) 2800 B) 3600
C) 5600 D) 8400
 
Answer & Explanation Answer: D) 8400

Explanation:
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Filed Under: Partnership
Exam Prep: Bank Exams

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