Exams Questions and Answers

Q:

The accounting software Tally was developed by

A) Wipro	B) TCS
C) HCL	D) Infosys

Answer & Explanation Answer: B) TCS

Explanation:

Tally is one of the best business accounting software for accounting, inventory, payroll. It is economical and one of the most popular ERP software solutions available in the industry.

Tally, an accounting software was developed by the multinational company TCS - Tata Consultancy Services.

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

12 10231

Q:

An item is sold at a loss of 10%. Had it sold for Rs. 9 more, a profit of 25/2% would have gained. What is the cost price of the item?

A) Rs. 90	B) Rs. 75
C) Rs. 55	D) Rs. 40

Answer & Explanation Answer: D) Rs. 40

Explanation:

Let the cost price of the item = Rs. 50

Sold at 10% loss => for Rs. 50 loss S.P = Rs. 45

From the given data,

25/2 % gain if it is sold at Rs. 9 more

56.25 - 45 = 9

=> 11.25 = 9

=> 22.5 = 18

=> 45 = 36

=> 50 = ?

=> $C . P = \frac{50 x 36}{45} = 40$

Hence, the Cost price of the item = Rs. 40.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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15 10227

Q:

A man goes down stream with a boat to some destination and returns upstream to his original place in 5 hours. If the speed of the boat in still water and the strean are 10km/hr and 14km/hr respectively, the distance of the destination from the string place is

A) 16 km	B) 18 km
C) 21 km	D) 25 km

Answer & Explanation Answer: C) 21 km

Explanation:

Let the distance covered be D km.

$\frac{D}{10 + 4} + \frac{D}{10 - 4} = 5$

$\frac{D}{14} + \frac{D}{6} = 5$

10D = 42 x 5 = 210

=> D = 21 km

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Filed Under: Boats and Streams
Exam Prep: AIEEE , Bank Exams , CAT
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32 10218

Q:

Identify the diagram that best represents the relationship among the given classes.

Electrons, Nucleus, Neutrons

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

0 10202

Q:

Identify the diagram that best represents the relationship among the given classes.

Science, Physics, Chemistry

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: C) 3

Explanation:

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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

1 10201

Q:

Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to
be repaid if he is repaying the entire amount at the end of 2 years?
I. The rate of interest is 5 p.c.p.a.
II. Simple interest fetched on the same amount in one year is Rs. 600.
III. The amount borrowed is 10 times the simple interest in 2 years.

A) .I only	B) III only
C) I or II	D) II and Either I or III only

Answer & Explanation Answer: D) II and Either I or III only

Explanation:

I. gives, Rate = 5% p.a.

II. gives, S.I. for 1 year = Rs. 600.

III. gives, sum = 10 x (S.I. for 2 years).

Now I, and II give the sum.

For this sum, C.I. and hence amount can be obtained.

Thus, III is redundant.

Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.

Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.

Thus,Rate = $\frac{100 * 1200}{2 * 12000}$ =5%

Thus, C.I. for 2 years and therefore, amount can be obtained.

Thus, I is redundant.

Hence, I or III redundan

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

5 10200

Q:

Statement : Let there be a signboard also indicating the directions and instructions.

Assumptions :
a) Signboard can be prepared without using any language.
b) Signboard is the only effective tool to indicate directions.

A) Both a and b are not sufficient	B) Only a is sufficient
C) Only b is sufficient	D) Both a and b are sufficient

Answer & Explanation Answer: A) Both a and b are not sufficient

Explanation:

The statement doesn't give any clue to the use of language. Hence a is not implicit.
b is also not implicit because in the sentence 'only' indicates false meaning.

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Filed Under: Statement and Assumptions
Exam Prep: AIEEE , Bank Exams , TOEFL
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3 10189

Q:

If you deposit $8000 into an account paying 7% annual interest compounded quarterly, how long until there is $12400 in the account?

A) 2.3	B) 3.3
C) 4.3	D) 6.3

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