Bank Exams Questions

Q:

The mode and median of the data 8, 6, 8, 7, 8, 6, 8, 7, 6 is

A) 7 and 8 B) 6 and 7
C) 8 and 7 D) 6 and 8
 
Answer & Explanation Answer: C) 8 and 7

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Filed Under: Average
Exam Prep: Bank Exams

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Q:

What type of account is accounts receivable?

A) Asset B) Liability
C) Expense D) Equity
 
Answer & Explanation Answer: A) Asset

Explanation:

Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than one year as it is the amount owed by the customer to the seller.

 

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

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Q:

A man sells an article at 15% profit. If he had sold it for . 6 more, he would have gained 18%. The man bought the article for

A) 100 B) 150
C) 200 D) 250
 
Answer & Explanation Answer: C) 200

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

When a discount of 20% is given on a lunch buffet, the profit is 42%. If the discount is 15%, then the profit is

A) 57 percent B) 50.875 percent
C) 63.125 percent D) 44.75 percent
 
Answer & Explanation Answer: B) 50.875 percent

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

When a number is increased by 20, it becomes 116% of itself. What is the number?

A) 100 B) 250
C) 125 D) 400
 
Answer & Explanation Answer: C) 125

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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

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Q:

There are two buckets, smaller bucket can hold only 3/5th of the water as compared to the larger bucket. If 6,000 buckets of larger capacity are needed to fill a pond. Then how many smaller capacity buckets are needed to fill the same pond?

A) 8000 B) 10000
C) 12000 D) 15000
 
Answer & Explanation Answer: B) 10000

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

The ratio of milk and water in three samples is 1 : 3, 3 : 5 and 11 : 5. A mixture containing equal quantities of all three samples is made. What will be the ratio of milk and water in the new mixture?

A) 7 : 9 B) 5 : 7
C) 15 : 13 D) 9 : 11
 
Answer & Explanation Answer: A) 7 : 9

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Filed Under: Alligation or Mixture
Exam Prep: Bank Exams

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Q:

Selling price of an article is Rs 1144. If loss percentage is 12%, then what is the cost price (in Rs) of article?

A) 1300 B) 1006
C) 1242 D) 1440
 
Answer & Explanation Answer: A) 1300

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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