4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

A sum of money invested for a certain number of years at 8% p.a. simple interest grows to Rs.180. The same sum of money invested for the same number of years at 4% p.a. simple interest grows to Rs.120 only. For how many years was the sum invested?

A) 25years	B) 15years
C) 20years	D) 22years

Answer & Explanation Answer: A) 25years

Explanation:

From the information provided we know that,

Principal + 8% p.a. interest on principal for n years = 180 …….. (1)

Principal + 4% p.a. interest on principal for n years = 120 ……… (2)

Subtracting equation (2) from equation (1), we get

4% p.a. interest on principal for n years = Rs.60.

Now, we can substitute this value in equation (2),

i.e Principal + 60 = 120

= Principal = Rs.60.

We know that SI = , where p is the principal, n the number of years and r the rate percent of interest.

In equation (2), p = Rs.60, r = 4% p.a. and the simple interest = Rs.60.

Therefore, 60 =(60*n*4)/100

=> n = 100/4 = 25 years.

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

17 21474

Q:

If the selling price of a mat is five times the discount offered and if the percentage of discount is equal to the percentage profit, find the ratio of the discount offered to the cost price.

A) 6:31	B) 11:30
C) 7:30	D) 31:6

Answer & Explanation Answer: C) 7:30

Explanation:

Since S.P. = 5 (M.P. - S.P.) => 5 M.P. = 6 S.P.
M.P. = (6/5) S.P.
Since the percentage discount = Percentage profit,
$\frac{\frac{6}{5} S . P - S . P}{\frac{6}{5} S . P} \times 100 = \frac{S . P - C . P}{C . P} \times 100$
Therefore, 1/6 = (S.P/C.P) – 1 => S.P = (7/6) C.P
M.P = 6/5 S.P = 6/5 x 7/6 C.P = 7/5 C.P
Therefore, Ratio of discount to C.P
= (M.P – S.P)/C.P = [{(7/5)C.P - (7/6)C.P} / C.P.]
= 7/30

Therefore, the ratio is 7 : 30

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

32 21461

Q:

Which of the statements given below are correct?

A) In 2018 IPL auctions, Delhi Daredevils retained Rishabh Pant.

B) In 2017, Daniel Ricciardo raced in Formula One for Red Bull Racing.

C) Lewis Hamilton won the Formula One 2017 Malaysian Grand Prix

A) Only A	B) A and C
C) B and C	D) A and B

Answer & Explanation Answer: D) A and B

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

0 21459

Q:

What value should come in place of question mark (?) in the following question?

$44^{2} + 23^{2} = {(?)}^{2} + 4^{4}$

A) 47	B) 65
C) 52	D) 41

Answer & Explanation Answer: A) 47

Explanation:

$1936 + 529 = ?^{2} + 256 2465 = ?^{2} + 256 ?^{2} = 2465 - 256 ?^{2} = 2209 ? = 47$

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: GATE , Bank Exams

0 21455

Q:

Which of the following terms follows the trend of the given list?

PQPPPPPQ, PPQPPPPQ, PPPQPPPQ, PPPPQPPQ, PPPPPQPQ, _______________.

A) QPPPPPPQ	B) PQPPPPPQ
C) PPQPPPPQ	D) PPPPPPQQ

Answer & Explanation Answer: D) PPPPPPQQ

Explanation:

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

2 21453

Q:

It takes five minutes to pass a rumour from one person to two other persons. The tree of rumour continues. Find how many minutes does it take spread the rumour to 729 persons ?

A) 45 min	B) 25 min
C) 30 min	D) 36 min

Answer & Explanation Answer: C) 30 min

Explanation:

After 5 mins ..... 3 persons will get rumour
After 10 mins .... 3x2 + 3 = 9 = $3^{2}$ persons will get
after 15 =5x3 min ......9x2 + 9 =27 = $3^{3}$ persons will get news.
.
.
after 5x6 mins ... $3^{6}$ = 729 persons will get news.

Therefore, time taken to spread the rumour to 729 persons is 30 minutes.

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

23 21438

Q:

Which of the statements given below are correct?

A) In 2017, Gary Cahill captained the Premier League team Arsenal.

B) In 2018 IPL auctions, Kolkata Knight Riders retained Sunil Narine.

C) Roger Federer won the Tennis 2017 Wimbledon Championships Men's Singles.

A) Only B	B) B and C
C) A, B and C	D) None of these

Answer & Explanation Answer: B) B and C

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

0 21428

Q:

Choose the correct figure to fill in the blank space.

Problem Figure

A) A	B) B
C) C	D) D

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