Bank Clerk Questions


Q:

The average of a non-zero number and its square is 11 times the number. The number is ?

A) 22 B) 21
C) 11 D) 17
 
Answer & Explanation Answer: A) 22

Explanation:

Let the number be 'x'.

 

 

 

x+x22 = 11x
x2= 22x
=> x = 22.

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Filed Under: Average
Exam Prep: GATE , CAT , Bank Exams
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Q:

Twelve percent of Kalyan's monthly salary is equal to the sixteen per cent of Nandu's monthly salary. Sarnesh's monthly salary is half that of Nandu's monthly salary. If sarnesh's annual salary is Rs. 1.08 lacs, What is Kalyan's monthly salary ?

A) 15,000 B) 36,000
C) 24,000 D) 12,500
 
Answer & Explanation Answer: C) 24,000

Explanation:

Let K = Kalyan's monthly salary
N = Nandu's monthly salary
S = Sarnesh's monthly salary.
Then from given data,
12% of K = 16% of N
S = N/2 => N = 2S
K = 16/12 x N = 16/12 x 2S
= 16/6 x 1.08/12 = 16/6 x 0.09 = 0.24 lacs = 24,000

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Filed Under: Percentage
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4 5934
Q:

If 5th March, 2005 is Monday, what was the day of the week on 5th March, 2004 ?

A) Sunday B) Monday
C) Tuesday D) Wednesday
 
Answer & Explanation Answer: A) Sunday

Explanation:

The year 2004 is a leap year. So, it has 2 odd days.

But, Feb 2004 not included because we are calculating from March 2004 to March 2005. So it has 1 odd day only.

The day on 5th March, 2005 will be 1 day beyond the day on 5th March, 2004.

Given that, 5th March, 2005 is Monday.

5th March, 2004 is Sunday (1 day before to 5th March, 2005).

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Filed Under: Calendar
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

26 10309
Q:

Deepa started a business in 2009 by investing Rs.50,000. She invested Rs. 20,000 as additional amount in 2010 and her friend Sushma joined her with an amount of Rs.70,000. Deepa invested another Rs. 20,000 in 2011 and Avanthi joined them with Rs. 70,000. At the end of these 3 years, they earned a profit of Rs. 3,00,000. Find Sushma's share ?

A) Rs. 75,000 B) Rs. 85,000
C) Rs. 98,000 D) Rs. 1,00,000
 
Answer & Explanation Answer: D) Rs. 1,00,000

Explanation:

Deepa invested Rs.50,000 for 12 months, Rs.(50000 + 20000) for 12 months and Rs.(50000 + 20000 + 20000) for 12 months.
i.e, she invested Rs.50,000 for 12 months, Rs.70000 for 12 months and Rs.90000 for 12 months.
Sushma invested Rs. 70000 for 2 years; i.e, Rs.70000 for 24 months
And, Avanthi invested Rs.70000 for 1 year; i.e, Rs. 70000 for 12 months.

Their investing ratio:
Deepa : Sushma : Avanthi = (50,000 x 12 + 70000 x 12 + 90000 x 12):(70000 x 24):(70000 x 12)
= (25,20,000):(16,80,000):(8,40,000) = 252:168:84 = 3:2:1

Total profit for 3 years = Rs.3,00,000
Therefore, Sushma's share = Rs.(3,00,000 x 2 /(3+2+1)) = Rs.(3,00,000 x 2/6) = Rs.1,00,000.

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Filed Under: Partnership
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5 11864
Q:

'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

A) Nil Accounting Variation B) New Asset Venture
C) Net Accounting Venture D) Net Asset Value
 
Answer & Explanation Answer: D) Net Asset Value

Explanation:

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

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Filed Under: Accounts Receivable
Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

2 2869
Q:

In a test, minimum passing percentage for girls and boys is 35% and 40% respectively. A boy scored 483 marks and failed by 117 marks. What is the minimum passing marks for girls ?

A) 625 B) 525
C) 425 D) 325
 
Answer & Explanation Answer: B) 525

Explanation:

Given 40% minimum passing marks for boys = 483 + 117 = 600
=> 1% = 600/40
=> 100% = 600 x 100/40 = 1500
Minimum passing marks for girls = 35% of 1500 = 35 x 1500/100 = 525.

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Filed Under: Percentage
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15 15154
Q:

Train K crosses a stationary Train L in 50 seconds and a pole in 20 seconds with the same speed. The length of the Train K is 240 meters. What is the length of stationary Train L ?

A) 60 mts B) 120 mts
C) 240 mts D) 360 mts
 
Answer & Explanation Answer: D) 360 mts

Explanation:

Speed of the Train K is given by s = d/t = 240/20 = 12 m/s
Distance covered by Train K in 50 seconds = 12 x 50 = 600 mts.
But it crosses Train L in 50 seconds
Therefore, the length of the Train L is = 600 - 240 = 360 mts.

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Filed Under: Problems on Trains
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10 9672
Q:

The angles of a quadrilateral are in the ratio of 2:4:7:5. The smallest angle of the quadrilateral is equal to the smallest angle of a triangle. One of the angles of the triangle is twice the smallest angle of the triangle. What is the second largest angle of the triangle ?

A) 80 degrees B) 60 degrees
C) 120 degrees D) 40 degrees
 
Answer & Explanation Answer: B) 60 degrees

Explanation:

Given the angles of a quadrilateral are in the ratio of 2:4:7:5
Let the angles of a quadrilateral are 2x, 4x, 7x, 5x
But we know that sum of the angles = 360 degrees.
=> 2x + 4x + 7x + 5x = 360
=> x = 20
Therfore, the smallest angle of the quadrilateral = 2x = 2x20 = 40 degrees.
One of the angle of the triangle = 2 x 40 = 80 degrees
The other angle is 180 - (40 + 80) = 60 degrees.

Hence the second largest angle of the triangle is 60 degrees.

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Filed Under: Numbers
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12 7571