Bank Exams Questions

Q:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time

A) Rs.51.25 B) Rs.61.25
C) Rs.51 D) Rs.42
 
Answer & Explanation Answer: A) Rs.51.25

Explanation:

Sum = Rs.(50*100)/2*5=Rs.500

Amount=Rs.[500*(1+5/100)2]

= Rs. 551.25

 

 C.I = Rs.(551.25-500)= Rs.51.25

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

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Q:

Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

A) Rs, 1109 B) Rs. 1107
C) Rs. 1111 D) Rs. 1113
 
Answer & Explanation Answer: B) Rs. 1107

Explanation:

From the given data,

K's profit : L's profit = 7x x 11 : 9x x 7

= 11:9

Therefore, L's profit = 9 x 2460/20 =  Rs. 1107

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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Q:

Important Time and Distance formulas with examples.

Answer

1. How to find Speed(s) if distance(d) & time(t) is given:


 


 Speed (S) = Distance (D)Time (T)  


 


Ex: Find speed if a person travels 4 kms in 2 hrs?


Speed = D/T = 4/2 = 2 kmph.


 


2.  Similarly, we can find distance (d)  if speed (s) & time (t) is given by


 


Distance (D) = Speed (S) x Time (T)


 


Ex : Find distance if a person with a speed of 2 kmph in 2 hrs?


Distance D = S X T = 2 x 2 = 4 kms. 


 


3.  Similarly, we can find time (t) if speed (s) &  distance (d) is given by


 


Time (T) = Distance (D)Speed (S)


 


Ex : Find in what time a person travels 4 kms with a speed of 2 kmph?


Time T = D/S = 4/2 = 2 hrs.


 


4. How to convert  km/hr into m/sec :


 


P km/hr = P x 518 m/sec


 


Ex : Convert 36 kmph into m/sec?


36 kmph = 36 x 5/18 = 10 m/sec 


 


5. How to convert  m/sec into km/hr :


 


P m/sec = P x 185 kmph.


 


Ex : Convert 10 m/sec into km/hr?


10 m/sec = 10 x 18/5 = 36 kmph.


 


6.  If the ratio of the speeds of A and B is a:b, then the ratio of the times taken by them to cover the same distance is b : a.


 


7.  Suppose a man covers a certain distance at x km/ hr and an equal distance at y km/hr . Then, the average speed during the whole journey is 2xyx+y km/hr.

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Q:

Australian state government has approved the world's biggest single tower solar thermal power plant a _______ structure to be built in South Australia by 2020.

A) 150-megawatt B) 200-megawatt
C) 250-megawatt D) 300-megawatt
 
Answer & Explanation Answer: A) 150-megawatt

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

5 4942
Q:

The ratio between present ages of Renuka and Sony is 5 : 4 . 4 years ago, Sony's age was 24 years. What will be Renuka's age after 5 years ?

A) 25 B) 30
C) 35 D) 40
 
Answer & Explanation Answer: D) 40

Explanation:

Present age of Sony = 24 + 4 = 28 years

After 5 years Renuka's age = 7×5 + 5 = 40 years

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Filed Under: Problems on Ages
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8 4938
Q:

Mohan was married 5 years ago. At present his age is 6/5 times of his age at the time of marriage. His wife is 3 year younger to him. Find his wife’s present age?

A) 21 yrs B) 24 yrs
C) 27 yrs D) 30 yrs
 
Answer & Explanation Answer: C) 27 yrs

Explanation:

Let Mohan present age = p

ATQ,

5/6 x p = p - 5

p = 30

His wifes age = 30 - 3 = 27 yrs.

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Filed Under: Problems on Ages
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Q:

One who deserts his religion

A) Profane B) Turn coat
C) Apostate D) Deserter
 
Answer & Explanation Answer: C) Apostate

Explanation:

Apostate:

A person who abandons or renounces or deserts his religious or political beliefs or principles.

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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL
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Q:

In an exhibition, Almond bought a painting for Rs. 20000. He later sold it to Olive for Rs. 23000. Olive sold it to Sarah for double the profit percentage that Almond earned. At what price should Sarah sell this painting to earn 8% profit ?

A) Rs. 34,410 B) Rs. 31,184
C) Rs. 29,999 D) Rs. 32,292
 
Answer & Explanation Answer: D) Rs. 32,292

Explanation:

Almond Selling price = CP(1 + P%/100)

=> CP = 20000, SP = 23000

=> 23000 = 20000 (1 + P/100)

=> P% = 100(23000/20000 - 1) = 15

Then, Olive's P% = 30%

SP for Olive = CP for Sarah = 23000(1 + 30/100) = 29900

Now Sarah wants to earn profit of 8%

=> Sp for Sarah = 29900(1 + 8/100)

= Rs. 32,292.

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