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Bank PO Questions

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Q:

If a sum of money at simple interest doubles in 6 years, it will become  4 times in

A) 15years B) 16years
C) 17years D) 18years
 
Answer & Explanation Answer: D) 18years

Explanation:

 

 

 

 

 

 

let sum =x . s.i.=x

 

 

 

rate =(100*x)/(x*6)=50/3%

 

 

 

now ,sum =x, s.i= 3x, rate =50/3%

 

 

 

time =(100*3x)/(x*50/3) = 18 years

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

11 12403
Q:

The solution of 3(2u + v) = 7 uv and 3(u + 3v) = 11 uv is _____

 

A) u = 1, v = 0 B) u = 1, v = 3/2
C) u = 0, v = 3/4 D) u = 0, v = 1
 
Answer & Explanation Answer: B) u = 1, v = 3/2

Explanation:

Using Trial and error method,

From the options  u = 1, v = 3/2 satisfies both the equations.

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Filed Under: Mathematical Operations
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

37 12390
Q:

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is

A) 6.06% B) 6.07%
C) 6.08% D) 6.09%
 
Answer & Explanation Answer: D) 6.09%

Explanation:

Amount of Rs. 100 for 1 year

when compounded half-yearly = Rs.[100*(1+3/100)^2]=Rs.106.09

Effective rate=(106.09-100)%=6.09%

 

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

9 12385
Q:

The base of a parallelogram is twice its height. If the area of the parallelogram is 72 sq.cm. Find its height?

A) 3 cm B) 4 cm
C) 6 cm D) 8 cm
 
Answer & Explanation Answer: C) 6 cm

Explanation:

Let height =x Then,  base =2x

2x * x = 72      

=>x=6

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

58 12384
Q:

Find the odd one out of the following options.

A) Sapphire B) Ruby
C) Topaz D) Granite
 
Answer & Explanation Answer: D) Granite

Explanation:

Except Granite all other options belong to the group of precious stones.

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Filed Under: Odd Man Out
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

33 12378
Q:

The simple interest on Rs.10 for 4 months at the rate of 3 paise per month is

A) 0.3 Paise B) 1.2 Paise
C) 30 Paise D) 3 Paise
 
Answer & Explanation Answer: B) 1.2 Paise

Explanation:

Given Principal amount P = Rs. 10

 Time T = 4 months

 Rate of interest R = 3 ps

 Interest I = PTR/100 = (10 x 4 x 3)/100 = 12/10 = 1.2 paise.

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Filed Under: Simple Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Database Administration , Bank PO , Bank Clerk , Analyst

6 12357
Q:

Madhu started a business and he invested in 76000, After some month, Amar came to join with him and invest 57000.The end of the year the total profit was divided among them into ratio form 2 : 1.Find after how many months Amar join.

A) 7 months B) 8 months
C) 3 months D) 4 months
 
Answer & Explanation Answer: D) 4 months

Explanation:

we can assume that Amar join into business after x months. So Amar money was invest into  (12 – x ) months.

 

76000×1257000×(12-x)=21

 

--> 912000 = 114000 ( 12 – x ) = 114 ( 12 – x ) = 912

--> x = 4


After 4 months amar join the business.

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

7 12342
Q:

The ratio between the length and the breadth of a rectangular park is 3 : 2. If a man cycling along the boundary of the park at the speed of 12 km/hr completes one round in 8 minutes, then the area of the park (in sq. m) is:

A) 153600 B) 143600
C) 13600 D) 16300
 
Answer & Explanation Answer: A) 153600

Explanation:

Let length = 3x metres and breadth = 2x metres.

Then, 2(3x + 2x) = 1600 or x = 160.

Length = 480 m and Breadth = 320 m.Area = (480 x 320) sq.m = 153600 sq.m

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

4 12312