4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?

A) 14.28 % profit	B) 24.18 % profit
C) 14.28 % loss	D) 24.18 % loss

Answer & Explanation Answer: A) 14.28 % profit

Explanation:

Let 1kg of Rs. 100 then 840gm is of Rs. 84.
Now (label on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% discount [he sells his article on 4% loss on cost price.]
So now S.P = Rs. 96
But actually it contains 840 gm so C.P for shopkeeper = Rs. 84
S.P = Rs. 96
C.P = Rs. 84
Profit% = {(S.P-C.P)/C.P}x100
{(96-84)/84} x 100 = 14.28571429% PROFIT.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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22 16237

Q:

A man lost half of its initial amount in the gambling after playing 3 rounds. The rule of gambling is that if he wins he will receive Rs. 100, but he has to give 50% of the total amount after each round.Luckily he won all the three rounds. The initial amount with which he had started the gambling was :

A) 500/3	B) 700/3
C) 300	D) 600

Answer & Explanation Answer: B) 700/3

Explanation:

Let the initial amount be x (with gambler), then

$[[(x + 100) \frac{1}{2} + 100] \frac{1}{2} + 100] \frac{1}{2} = \frac{x}{2}$

=> x = 700/3

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Filed Under: Percentage
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21 16211

Q:

Arrange the following words as per order in the dictionary.

1. Syringe

2. Syphilis

3. Syncretism

4. Synarchy

5. Submerge

A) 4,5,2,3,1	B) 5,4,3,2,1
C) 5,3,4,1,2	D) 4,1,2,3,5

Answer & Explanation Answer: B) 5,4,3,2,1

Explanation:

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Filed Under: Logical Sequence of Words
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1 16198

Q:

Study the following table carefully and answer the questions based on it.

The following table shows the domestic sales of cars of five manufacturers from 2005 to 2010.
(All the figures are in thousands)

During 2006, what is the approximate share domestic sales of cars of the manufacturer M?

A) 19.5%	B) 10.5%
C) 20.5%	D) 25.5%

Answer & Explanation Answer: A) 19.5%

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

0 16195

Q:

Deepa started a business in 2009 by investing Rs.50,000. She invested Rs. 20,000 as additional amount in 2010 and her friend Sushma joined her with an amount of Rs.70,000. Deepa invested another Rs. 20,000 in 2011 and Avanthi joined them with Rs. 70,000. At the end of these 3 years, they earned a profit of Rs. 3,00,000. Find Sushma's share ?

A) Rs. 75,000	B) Rs. 85,000
C) Rs. 98,000	D) Rs. 1,00,000

Answer & Explanation Answer: D) Rs. 1,00,000

Explanation:

Deepa invested Rs.50,000 for 12 months, Rs.(50000 + 20000) for 12 months and Rs.(50000 + 20000 + 20000) for 12 months.
i.e, she invested Rs.50,000 for 12 months, Rs.70000 for 12 months and Rs.90000 for 12 months.
Sushma invested Rs. 70000 for 2 years; i.e, Rs.70000 for 24 months
And, Avanthi invested Rs.70000 for 1 year; i.e, Rs. 70000 for 12 months.

Their investing ratio:
Deepa : Sushma : Avanthi = (50,000 x 12 + 70000 x 12 + 90000 x 12):(70000 x 24):(70000 x 12)
= (25,20,000):(16,80,000):(8,40,000) = 252:168:84 = 3:2:1

Total profit for 3 years = Rs.3,00,000
Therefore, Sushma's share = Rs.(3,00,000 x 2 /(3+2+1)) = Rs.(3,00,000 x 2/6) = Rs.1,00,000.

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Filed Under: Partnership
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5 16193

Q:

Select the option that depicts the correct mirror image of the following figure.

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

Answer & Explanation Answer: C) 3

Explanation:

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Filed Under: Image Analysis
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0 16185

Q:

Length of train is 170 meters and speed of train is 63 km/hour. This train can pass a bridge in 30 seconds, then find the length of the bridge.

A) 355 mts	B) 325 mts
C) 365 mts	D) 312 mts

Answer & Explanation Answer: A) 355 mts

Explanation:

Given speed = 63 km/hr = $63 \times \frac{5}{18} = \frac{35}{2}$ m/s

Let the length of the bridge = x mts

Given time taken to cover the distance of (170 + x)mts is 30 sec.

We know speed = $\frac{d i s \tan c e}{t i m e}$ m/s

$\Rightarrow \frac{35}{2} = \frac{170 + x}{30}$

--> x = 355 mts.

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Filed Under: Problems on Trains
Exam Prep: CAT , Bank Exams
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19 16180

Q:

If the volume of the cube is 729 $c m^{3}$ , then the surface area of the cube will be

A) 486 sq.cm	B) 456 sq.cm
C) 446 sq.cm	D) 476 sq.cm

Answer & Explanation Answer: A) 486 sq.cm

Explanation:

volume = $a^{3}$ = 729;

=> a = 9

surface area= 6 $a^{2}$ = (6 x 9 x 9) = 486 sq.cm

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Filed Under: Volume and Surface Area
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