Exams Questions and Answers

Q:

An amount doubles itself in 15 years. what is the rate of interest ?

A) 7.85 %	B) 9.41%
C) 6.66 %	D) 4.21 %

Answer & Explanation Answer: C) 6.66 %

Explanation:

Let the principle be Rs. P
As the amount double itself the interest is Rs. P too
So P = P x r x 15/100
=> r = 100/15 = 20/3 % = 6.66 %.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

3 4869

Q:

What does cyclical unemployment mean?

A) Unemployment during recessionary phase of trade cycle	B) Disguised unemployment
C) Seasonal unemployment	D) Voluntary unemployment

Answer & Explanation Answer: A) Unemployment during recessionary phase of trade cycle

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 4867

Q:

The following equation is incorrect. Which two signs should be interchanged to correct the equation?

15 + 2 ÷ 20 x 10 - 6 = 13

A) x and -	B) ÷ and -
C) ÷ and x	D) - and +

Answer & Explanation Answer: C) ÷ and x

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

2 4866

Q:

In what time a debt of Rs.7920 due may be cleared by immediate cash down payment of Rs.3600 at 1/2% per month

A) 10years	B) 20years
C) 30years	D) 40years

Answer & Explanation Answer: B) 20years

Explanation:

PW = $\frac{100 \times A m o u n t}{100 + (R \times T)}$

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Filed Under: True Discount
Exam Prep: Bank Exams
Job Role: Bank PO

6 4866

Q:

Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them?

a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7.

b. Pranay's share in the profit is Rs. 8750.

A) Only a is sufficient	B) Neither a nor b is sufficient
C) Only b is sufficient	D) Both a and b sufficient

Answer & Explanation Answer: D) Both a and b sufficient

Explanation:

Given Pranay's profit in the share is Rs. 8750

But given that their investments are in the ratio 2:4:7

$\frac{7}{13} \times P$ = 8750

P = 16250

Now Anand's share = $\frac{4}{13} \times 16250$ = Rs.5000

Thus both staements a and b are sufficient to answer this question.

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

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Q:

Improve the bracketed part of the sentence.

I wish I (was) a superman.

A) am	B) have been
C) were	D) No improvement

Answer & Explanation Answer: C) were

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The following equation is incorrect. Which two signs should be interchanged to correct the equation?

16 ÷ 4 - 50 x 4 + 18 = 26

A) + and ÷	B) + and x
C) - and +	D) ÷ and x

Answer & Explanation Answer: B) + and x

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

Select the related word/letters/number from the given alternatives.

PEON : QGRR : : RUDE : ?

A) MLNO	B) SWGI
C) TVSA	D) STRR

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