GATE Questions

Q:

At what rate percent on simple interest will Rs.415 amount to Rs.514 in 4 years  ?

A) 4.58 % B) 5.96 %
C) 6.52 % D) 4.98 %
 
Answer & Explanation Answer: B) 5.96 %

Explanation:

Difference in amount = 514 - 415 = 99

99 = (415 x 4 x R)/100

R = 5.96%

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Filed Under: Simple Interest
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5 5449
Q:

'X' sells fruits at 21% profit. If X bought it for 9% less and sold it for Rs.29 less, he would have gained 25%. The cost price of fruits is?

A) Rs. 400 B) Rs. 420
C) Rs. 460 D) Rs. 480
 
Answer & Explanation Answer: A) Rs. 400

Explanation:

Let the cost price of the fruits be 'C.P'

From the given data, after analysis it can be solved as

(121% of C.P) - (125% of 91% of C.P) = 29

121100 C.P  -  125100  x 91100 x C.P = 29121100 - 125 x 91100 x 100 C.P = 29(12100 - 125 x 91) C.P = 290000(12100 - 11375) C.P = 290000725 C.P = 290000C.P = 400

 

Hence, the cost price of the fruits = Rs. 400.

 

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Filed Under: Profit and Loss
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13 5444
Q:

Find out which pair of words can be filled up in the blanks in the sentence to make the sentence meaningfully complete.

The policy on foreign direct investment in multi- brand retail may be _______ in a political impasse, but big retail chains are using India as sourcing base and making an _________ on local businesses.

A) Caught, impact B) Caught, effect
C) Fetched, affect D) Fetching, impact
 
Answer & Explanation Answer: A) Caught, impact

Explanation:

Caught - according to the sentence given caught means to become involved in something, often without wanting to.

Impasse - means a situation in which further development is impossible.

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Filed Under: Logical Sequence of Words
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14 5424
Q:

What has a foot but no legs?

Answer

A measuring device.


 


Measuring devices have feet on them to measure distance.

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8 5421
Q:

A simple interest earned on certain amount is triple the money when invested for 16 years.what is the interest rate offered ?

A) 13.33 % B) 14.25 %
C) 16.98 % D) 18.75 %
 
Answer & Explanation Answer: D) 18.75 %

Explanation:

Given,
S.I = 3 Principal Amount
=> 3A = A x 16 x R/100
By solving, we get
=> R = 18.75%

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Filed Under: Simple Interest
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7 5419
Q:

26 L of the A?

Answer

The given letter equation 26 L of the A implies that 26 Letters of the Alphabet.

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
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7 5417
Q:

If x = √8 - √7, y = √6 - √5 and z = √10 - 3, which of the following is true  ?

A) x > y < z B) x < y < z
C) x > y > z D) z < x < y
 
Answer & Explanation Answer: D) z < x < y

Explanation:

x = √8 - √7 = 1/(√8 + √7) and y = √6 - √5 = 1/(√6 + √5) and z = √10 - 3 = 1/(√10 + 3)

As (√8 + √7) > (√6 + √5), (√8 - √7) < (√6 - √5)

As (√10 + 3) > (√8 + √7) > (√6 + √5)

z < x < y.

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Filed Under: Arithmetical Reasoning
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6 5415
Q:

A certain amount earns simple interest of Rs. 2260 after 3 years. Had the interest been 1 % more how much more interest would it have earned ?

A) Rs. 175 B) Rs. 220.75
C) Rs. 126 D) Can't be determined
 
Answer & Explanation Answer: D) Can't be determined

Explanation:

Here given Interest earned = Rs. 2260

Time = 3 years

Rate of interest = ?

Principal Amount = ?

So, it can't be determined.

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Filed Under: Simple Interest
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18 5414