Bank Exams Questions

Q:

Manideep purchases 30kg of barley at the rate of 11.50/kg and 20kg at the rate of 14.25/kg. He mixed the two and sold the mixture in the shop. At what price per kg should he sell the mixture to make 30% profit to him ?

A) 15.84 B) 14.92
C) 13.98 D) 16.38
 
Answer & Explanation Answer: D) 16.38

Explanation:

Given, Manideep purchases 30kg of barley at the rate of 11.50/kg nad 20kg at the rate of 14.25/kg.

Total cost of the mixture of barley = (30 x 11.50) + (20 x 14.25)

=> Total cost of the mixture = Rs. 630

Total kgs of the mixture = 30 + 20 = 50kg

Cost of mixture/kg = 630/50 = 12.6/kg

To make 30% of profit

=> Selling price for manideep = 12.6 + 30% x 12.6

=> Selling price for manideep = 12.6 + 3.78 = 16.38/kg.

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Filed Under: Alligation or Mixture
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Shamma lends Rs.40,000 to two of her friends. She gives Rs.24,000 to the first at 8% p.a. simple interest. Shamma wants to make a profit of 10% on the whole. The simple interest rate at which she should lend the remaining sum of money to the second friend is:

A) 13% B) 8.5%
C) 9.5% D) 11.25%
 
Answer & Explanation Answer: A) 13%

Explanation:

The ratio of money she lended is

24000 : 16000 = 3 : 2

Let the rate of interest be R%

 

8%                   R%
     

           10

 

3          :           2

 

R = 13%.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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10 4573
Q:

With which Bank Amazon has signed an agreement to provide Micro-loans to sellers  ?

A) Union Bank B) SBI Bank
C) Bank of Baroda D) United Bank
 
Answer & Explanation Answer: C) Bank of Baroda

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

8 4571
Q:

A can complete a piece of work in 12 days and B is 60% more efficient than A. In how many days B will complete the same work  ?

A) 8.7 hrs B) 5.2 hrs
C) 5 hrs D) 7.5 hrs
 
Answer & Explanation Answer: D) 7.5 hrs

Explanation:

Ratio of times taken by A and B = 160 : 100
A can do the work in 12 days
Let B can do the work in "D" days
=> 160:100 = 12 : D
=> D = 12 x 100/160 = 7.5 hrs

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Filed Under: Time and Work
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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3 4571
Q:

Who invented waterproof fabrics ?

A) James Dewar B) Charles Goodyear
C) Mary Moore D) Charles Macintosh
 
Answer & Explanation Answer: D) Charles Macintosh

Explanation:

Charles Macintosh (29 December 1766 – 25 July 1843) was a Scottish chemist and inventor of waterproof fabrics.He devoted all his spare time to science, particularly chemistry, and before he was twenty resigned his clerkship to take up the manufacture of chemicals. In this he was highly successful, inventing various new processes. His experiments with one of the by-products of tar, naphtha, led to his invention of waterproof fabrics.

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Filed Under: Inventions
Exam Prep: Bank Exams
Job Role: Bank Clerk

13 4570
Q:

The value of Gold is determined in

Answer

The gold prices in India are determined according to the international market in the following way:


- The price of gold in USD is taken as a base price. Depending on the value of indian rupee as compared to USD (eg- 1 USD= ₹63), the price of gold is converted into rupees.


- The import duties on gold are added to obtain the final price of gold.


 



  • Gold is a global commodity. In the international market, the price of gold is determined by the forces of demand and supply. Higher demand leads to higher price and vice versa. Higher supply leads to lower price and vice versa.

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Subject: General Awareness Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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Q:

Find the next number in the series 64, 2, 32, 72, 3, 24, 76, 4, 19, ....., 5, 15.6

A) 80 B) 78
C) 72 D) 70
 
Answer & Explanation Answer: B) 78

Explanation:

The pattern is 2x32=64, 3x24=72, 4x19=76

The next number = 5x15.6=78

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Filed Under: Number Series
Exam Prep: Bank Exams , CAT
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10 4563
Q:

Which gymnospermic plant cures rheumatism?

A) Ephedra B) Pinus
C) Araucaria D) Gnetum
 
Answer & Explanation Answer: D) Gnetum

Explanation:

Oil from Gnetum spp a gymnosperm belonging to the family Gnetaceae is used to relieve the effects of rheumatism

The lianas and shrubs of Gnetum are found in the rain forests of the western ghats.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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