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Q:

What is the compound interest earned at the end of 3 years?

I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.

II.The rate of interest is 10 p.c.p.a.

III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.

A) I and II only B) II and III only
C) I and III only D) Either II or III only
 
Answer & Explanation Answer: D) Either II or III only

Explanation:

 

 

 

 

 

 

I. gives, S.I for 3 years = Rs. 4500.

 

 

 

II. gives, Rate = 10% p.a.

 

 

 

III. gives, (C.I.) - (S.I.) = Rs. 465.

 

 

 

Clearly, using I and III we get C.I. = Rs. (465 + 4500).

 

 

 

Thus, II is redundant.

 

 

 

Also, from I and II, we get sum =

 

 

 

100 x 4500

 

 

 

= 15000.

 

 

 

10 x 3

 

 

 

Now C.I. on Rs. 15000 at 10% p.a. for 3 years may be obtained.

 

 

 

Thus, III is redundant.

 

 

 

Either II or III is redundant.

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

0 55077
Q:

Improve the given sentence if necessary.

Suppose  if you  are  selected,  will  you  give us a treat?

A) Supposing if  B) If suppose
C) If D) No improvement
 
Answer & Explanation Answer: C) If

Explanation:

‘Suppose’ and ‘if’ both are used to guess, or think, or imagine something and both means the same thing. So, using them together is superfluous. So, ‘if’will be used. 

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Filed Under: English
Exam Prep: Bank Exams

0 55002
Q:

As you go down into a well, your weight

A) increases slightly B) decreases slightly
C) remains exactly the same D) None of the above
 
Answer & Explanation Answer: B) decreases slightly

Explanation:
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Filed Under: General Science

324 54939
Q:

India’s first geothermal field development project is to be established in which state/UT?

 

A) Himachal Pradesh B) Ladakh
C) Punjab D) Rajasthan
 
Answer & Explanation Answer: B) Ladakh

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

2 54842
Q:

Which of the following causes acid rain?

I. SO2

II. NO2

III. CO2

 

A) Only I and II B) Only II and III
C) Only I and III D) All I, II and III
 
Answer & Explanation Answer: A) Only I and II

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

0 54803
Q:

A team of scientists from which organisation has entered China, to probe the source of Coronavirus?

 

A) CDC B) FAO
C) John Hopkins University D) WHO
 
Answer & Explanation Answer: D) WHO

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

0 54766
Q:

Which of the following is correctly matched?

 

A) Lonar - Madhya Pradesh B) Nakki - Gujarat
C) Kolleru - Andhra Pradesh D) Pulicat - Kerala
 
Answer & Explanation Answer: C) Kolleru - Andhra Pradesh

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

3 54743
Q:

Who composed the Gayatri Mantra

A) Vishvamitra B) Vasishtha
C) Indra D) Parikshit
 
Answer & Explanation Answer: A) Vishvamitra

Explanation:
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Filed Under: Indian History

322 54624