Bank Exams Questions

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In the given puzzle, the logic is the product of the number and its preceeding number gives the result.

9 = 9 x 8 = 72

8 = 8 x 7 = 56

7 = 7 x 6 = 42

6 = 6 x 5 = 30

5 = 5 x 4 = 20

Similarly,

3 = 3 x 2 = 6.

t=I/pr

The river "Cango" crosses the equator twice.

China flicked the switch on the world’s largest floating solar energy plant.  The massive waterborne plant is expected to generate 40 megawatts at one time and could supply electricity for over 15,000 homes. The pioneering project, located in eastern China, is thought to cement China’s status as a top producer of solar energy in the world.  The plant has been built in Huainan city, Anhui Province, by Sungrow Power Supply, a Chinese company specialised in renewable energy.

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

The given 3b - 7 < 32 can be solved as

3b - 7 < 32

3b < 39

b < 13.