Bank PO Questions and Answers with Explanation, Job Roles

Q:

What would be the least number of years in which the simple interest on Rs.2600 at % will be an exact number of rupees ?

A) 2	B) 3
C) 4	D) 5

Answer & Explanation Answer: B) 3

Explanation:

$S . I = R s . [2600 * \frac{20}{3} * \frac{1}{100} * t]$

$S . I = R s . [\frac{520}{3} * t]$

t=3

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

6 7866

Q:

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is

A) 2years	B) 3years
C) 4years	D) 5years

Answer & Explanation Answer: A) 2years

Explanation:

Amount = Rs(30000 + 4347) = Rs.34347.

Let the time be n years. Then,

$30000 {[1 + \frac{7}{100}]}^{n} = 34347$

$\Leftrightarrow$ ${(\frac{107}{100})}^{n} = \frac{34347}{30000} = \frac{11449}{10000} = {(\frac{107}{100})}^{2}$

n= 2years.

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

1 7865

Q:

Curdling of milk is an example of

A) Inversion	B) Denaturation
C) Hydrolysis	D) Coagulation

Answer & Explanation Answer: D) Coagulation

Explanation:

Coagulation :: The action or process of a liquid, especially blood, changing to a solid or semi-solid state.

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

13 7863

Q:

Find the missing number in series 1 4 27

A) 125	B) 625
C) 404	D) 256

Answer & Explanation Answer: D) 256

Explanation:

It follows the rule that

1

2x2

3x3x3

4x4x4x4

5x5x5x5x5

So the missing number is 4x4x4x4 = 256.

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

21 7859

Q:

K and L start the business, with L investing the total capital of Rs. 40,000 on the condition that K pays L interest @ 8% per annum on his half of the capital. L is a working partner and receives Rs.1200 per month from the total profit and any profit reamaining is equally shared by both of them. At the end of the year, it was found that the income of L is twice that of K. Find the total profit for the year ?

A) Rs.44000	B) Rs.46400
C) Rs.480800	D) Rs.46000

Answer & Explanation Answer: B) Rs.46400

Explanation:

Interest received by L from K = 8% of half of Rs.40,000

$\Rightarrow \frac{8}{100} \times 20000 = 1600$

Amount received by L per annum for being a working partner = 1200 x 12 = Rs.14,400

Let 'A' be the part of remaing profit that 'L' receives as his share.

Total income of 'K' = only his share from the reamaing profit

= 'A', as both share equally.

Given income of L = Twice the income of K

--> (1600 + 14400 + A ) = 2A

--> A= Rs.16000

Thus total profit = 2A + Rs.14,400= 2(16000) + 14400

= 32000 +14400 = Rs.46,400.

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Filed Under: Partnership
Exam Prep: CAT
Job Role: Bank PO

13 7855

Q:

Find the perimeter of the rectangle or square with the given dimensions l = 5 feet, w = 2 feet?

A) 11ft	B) 13ft
C) 14ft	D) 15ft

Answer & Explanation Answer: C) 14ft

Explanation:

We know that,

Perimeter of rectangle = 2(L+W) = 2(5 + 2) = 2 (7) = 14 fts.

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

1 7843

Q:

How Many Prime ministers have conferred with Bharat Ratna upto November 2014 ?

Answer

Six

Workspace

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Subject: Indian Politics Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

93 7842

Q:

Find the wrong number from the following series ?
7 18 40 106 183 282 403

A) 18	B) 183
C) 40	D) 106

Answer & Explanation Answer: C) 40

Explanation:

The given series follows the rule,
+(11x1), +(11x3), +(11x5), +(11x7), +(11x9),....

So starting from 7, 7 + 11 = 18, 18 + 33 = 51, 51 + 55 = 106, ...
So wrong number is 40 which is to be 51.

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

11 7841

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