Exams


Q:

If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.

A) Rs.1251 B) Rs.1261
C) Rs.1271 D) Rs,1281
 
Answer & Explanation Answer: B) Rs.1261

Explanation:

Clearly, Rate = 5% p.a .,

Time = 3 years

S.I =Rs.1200.

So,Principal

=Rs.(100 x 1200/3x5)

=Rs.8000.

 

Amount

=Rs.[8000 x (1+5/100)³]

=Rs(8000x21/20x21/20x21/20)

= Rs.9261

 

C.I

=Rs.(9261-8000)

=Rs.1261.

Report Error

View Answer Report Error Discuss

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

1 5137
Q:

Uncontrolled railroad crossing warning signs include

A) gates B) red lights
C) warning signs D) None of the above
 
Answer & Explanation Answer: D) None of the above

Explanation:

Controlled railroad crossing includes warning signs, red lights and railway gates, whereas absence of all of these warning signs like red lights and gates includes uncontrolled railroad crossings. 

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk

1 5137
Q:

How long will it take $3000 to earn $60 interest at 6%?

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

Explanation:

t=I/pr

Report Error

View Answer Report Error Discuss

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

3 5136
Q:

Which of the following is not a selling expense?

A) Freight-out B) Advertising expense
C) Store supplies D) Office salaries expense
 
Answer & Explanation Answer: D) Office salaries expense

Explanation:

Office salaries expense would not come under a selling expense.

Report Error

View Answer Report Error Discuss

Filed Under: Marketing and Sales
Exam Prep: CAT
Job Role: Analyst , Bank Clerk

5 5131
Q:

The Asian Infrastructure Investment Bank (AIIB) has approved how much loan amount for power project in Andhra Pradesh  ?

A) $185 million B) $220 million
C) $210 million D) $160 million
 
Answer & Explanation Answer: D) $160 million

Explanation:

The China-sponsored Asian Infrastructure Investment Bank (AIIB) has approved $160 million loan for Andhra Pradesh – 24×7 Power for All project with an objective to strengthen power transmission and distribution system in the state. It is the first credit from the AIIB for an Indian project. The power project is co-financed by the World Bank (WB). The project is part of the Government of India’s Power for All Program that was launched in 2014 to provide an efficient, reliable and affordable electricity supply to all consumers across selected states within five years from the start of implementation of the program in each state.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

6 5130
Q:

Speed of laser printer is measured in

A) PPM B) CPM
C) LPM D) DPI
 
Answer & Explanation Answer: A) PPM

Explanation:

Now a days, printers we are using are called as laser printers. The speed of a laser printer is measured in PPM i.e, Pages Per Minute

 

speed_of_laser_printer_is_measured_in1553490856.jpg image

Laser printing is an electrostatic digital printing process. It produces high-quality text and graphics by repeatedly passing a laser beam back and forth over a negatively charged cylinder called a "drum" to define a differentially charged image.

 

Compared to inkjet printers which use ink for printing laser printers are more expensive as they use toner which lasts for long.

Report Error

View Answer Report Error Discuss

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

2 5124
Q:

Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?

A) 1548 B) 1348
C) 1648 D) 1748
 
Answer & Explanation Answer: C) 1648

Explanation:

FV1 = Future value of $2000, 1 year later
= PV (1+  i)^n

Report Error

View Answer Report Error Discuss

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

2 5122
Q:

-20 , -16 , -12 , -8 .... 

In the sequence above, each term after the first is 4 greater than the preceding term. Which of the following could not be a term in the sequence? 

A) 220 B) 440
C) 668 D) 762
 
Answer & Explanation Answer: D) 762

Explanation:

All terms in the sequence will be multiples of 4.

762 and 902 are not multiples of 4

Report Error

View Answer Report Error Discuss

Filed Under: Sequential Output Tracing
Exam Prep: GRE

14 5122