Bank Clerk Questions


Q:

If the labour cost 20% of the cost of production and raw material cost 10% of the cost of production and the price on which article is sold is 20% above the cost of production. If the price of labour is increased by 40% and the price of raw material increased by 20% and rest other expenditure of cost remain constant. The industry thus decide to increase the selling price by 10%. Find the new profit percent  ?

A) 18% B) 20%
C) 22% D) 24%
 
Answer & Explanation Answer: B) 20%

Explanation:

Let the Cost of Production of the article = 100

Then, Labour Cost = 20

Raw Material = 10

Other Expenditure = 100 - 10 – 20 = 70

Selling Price of the article  = 120

After increasing Labour and Raw material cost by 40% & 20% respectively,

New Labour cost = 28

New Raw material cost = 12

New Cost of Production = 70 + 28 + 12 = 110

Then, New SP = 110% of 120 = 120 x 110/100 = 132

=> New Gain = 132 - 110 = 22

=> New Profit % = 22 x 100/110 = 20%

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

12 6792
Q:

Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?

A) 33.33% B) 22.22%
C) 11.11% D) 1%
 
Answer & Explanation Answer: B) 22.22%

Explanation:

Let the cost price of 1 article = Rs. 1

From the given data,

Then, the selling price of 1 article = 22/18 = 11/9

Then, Profit = SP - CP = 11/9 - 1 = 2/9

Required, profit % = Profit/CP x 100

= [(2/9)/1] x 100

= 200/9

= 22.222%.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

11 6786
Q:

Two persons Shyam and Rahim can do a job in 32 days together. Rahim can do the same job in 48 days alone. They started working together and after working 8 days Rahim is replaced by a third person Ram whose efficiency is half that of Rahim. Find in how many days the remaining work will be completed by both Shyam and Ram together?

A) 16 days B) 72/5 days
C) 15 days D) 96/5 days
 
Answer & Explanation Answer: B) 72/5 days

Explanation:

Work done by Shyam and Rahim in 8 days = 8/32 = 1/4

Remaining work to be done by Shyam and Ram = 1 - 1/4 = 3/4

Given efficieny of Ram is half of Rahim i.e, as Rahim can do the work in 48 days, Ram can do the work in 24 days.

One day work of Ram and Shyam = (1/32 - 1/48) + 1/24 = 5/96

Hence, the total work can be done by Shyam and Ram together in 96/5 days.

 

Therefore, remaining work 3/4 can be done by them in 3/4 x 96/5 = 72/5 = 14.4 days.

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Filed Under: Time and Work
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

8 6783
Q:

The length of a brigade which a train 130 m long and traveling at 45kmph can cross in 30 seconds, is 

A) 196 mts B) 220 mts
C) 230 mts D) 245 mts
 
Answer & Explanation Answer: D) 245 mts

Explanation:

Let the length of the brigade is x mts
Then Distance = 130 + x mts
given speed = 45 kmph = 45 x5/18 m/s
Time = 30 sec
T = D/S
=> 30 = 130+x/(45x5/18)
=> x = 245 mts.

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Filed Under: Problems on Trains
Exam Prep: Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

5 6780
Q:

A tap can fill a tank in 6 hours. After half the tank is filled three more similar taps are opened. What is the total time taken to fill the tank completely ?

A) 4 hrs 15 min B) 3 hrs 24 min
C) 4 hrs 51 min D) 3 hrs 45 min
 
Answer & Explanation Answer: D) 3 hrs 45 min

Explanation:

Time taken by one tap to fill half of the tank = 3 hrs.

Part filled by the taps in 1 hour = 4 x 1/6 = 2/3

Remaining part = 1 - 1/2 = 1/2

2/3 : 1/2 :: 1 : p

p = 1/2 x 1 x 3/2 = 3/4 hrs. i.e., 45 min

So, total time taken = 3 hrs 45 min.

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Filed Under: Pipes and Cistern
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

13 6779
Q:

The arithmetic mean of the following numbers 1, 2, 2, 3, 3, 3, 4, 4, 4, 4, 5, 5, 5, 5, 5, 6, 6, 6, 6, 6, 6 and 7, 7, 7, 7, 7, 7, 7 is   ?

A) 6 B) 9
C) 7 D) 5
 
Answer & Explanation Answer: D) 5

Explanation:

Arithmatic mean = sum/members 

=> (1x1 + 2x2 + 3x3 + 4x4 + 5x5 + 6x6 + 7x7) / (1 + 2 + 3 + 4 + 5 + 6 + 7)

=> 140/28 = 5

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Filed Under: Arithmetical Reasoning
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4 6776
Q:

Arjuna award is given for

A) Excellence in sports B) Excellent service during emergency
C) Bravery in the battle field D) Excellence in archery
 
Answer & Explanation Answer: A) Excellence in sports

Explanation:

The Arjuna Awards are given by the Ministry of Youth Affairs and Sports, Government of India to recognize outstanding achievement in sports. Started in 1961, the award carries a cash prize of ₹ 500,000, a bronze statue of Arjuna and a scroll.

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Filed Under: Sports
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5 6773
Q:

Rohith started a business by investing Rs. 3600. After somedays, Puneeth joined him by investing Rs. 2400. At the end of one year, the profit was divided in the ratio 2 : 1. After how many months did Puneeth join the business?

A) 2 months B) 2.5 months
C) 3 months D) 3.5 months
 
Answer & Explanation Answer: C) 3 months

Explanation:

Ratio of profit of Rohith and Puneeth = 3600 x 12 : 2400 x P

= 3600 x 12/2400P = 2/1

=> P = 9

So, Puneeth joined the business after (12 - P) = 12 - 9 = 3 months.

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

12 6772