Bank PO Questions


Q:

At 3% annual interest compounded monthly, how long will it take to double your money?

A) 20.1 B) 21.1
C) 22.1 D) 23.1
 
Answer & Explanation Answer: D) 23.1

Explanation:

At first glance it might seem that this problem cannot be solved because we do not have enough
information. It can be solved as long as you double whatever amount you start with. If we start with
$100, then P = $100 and FV = $200.

FV=P(1+r/n)^nt

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Filed Under: Compound Interest
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6 5876
Q:

Ratio of water and milk in a container is 2 : 3. If 40 liter mixture removed from the container and same quantity of milk is added to it then the ratio of water to milk becomes 1 : 4. Find the initial quantity of mixture ?

 

A) 75 lit B) 80 lit
C) 85 lit D) 90 lit
 
Answer & Explanation Answer: B) 80 lit

Explanation:

From the given data,

let the initial quantity of the mixture = 5x

Then,

2x - 163x - 24 + 40 = 148x - 64 = 3x + 165x = 80x = 16 lit

 

Then the initial quantity of the mixture = 5x = 5 x 16 = 80 lit.

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Filed Under: Alligation or Mixture
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38 5863
Q:

12 boys decided to constribute Rs. 750 each to an Orphange. Suddenly few of them boys dropped out and consequently the rest had to pay Rs. 150 more. Then the number of boys who dropped out?

A) 4 B) 6
C) 2 D) 3
 
Answer & Explanation Answer: C) 2

Explanation:

Total money decided to contribute = 750 x 12 = 9000

Let 'b' boys dropped

The rest paid 150/- more

=> (12 - b) x 900 = 9000

=> b = 2

Hence, the number of boys who dropped out is 2.

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Filed Under: Average
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26 5860
Q:

In a mixture of 240 lt. water is 20% and rest is Milk. What quantity of mixture should be taken out and replaced with water so that water becomes 40%?

A) 60 lit B) 55 lit
C) 45 lit D) 50 lit
 
Answer & Explanation Answer: A) 60 lit

Explanation:

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Filed Under: Alligation or Mixture
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15 5859
Q:

Gammaxene, D.D.T. & Bleaching powder are important compounds of

A) Nitrogen B) Phosphorus
C) Chlorine D) Sulphur
 
Answer & Explanation Answer: C) Chlorine

Explanation:

Gammaxene, D.D.T. & Bleaching powder are important compounds of Chlorine.

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Filed Under: Chemistry
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5 5853
Q:

7 years ago, the ratio of the ages of Anirudh to that of Bhavana, was 7:9. Chandhu is 12 years older than Anirudh and 12 years younger than Bhavana. What is Chandhu's present age?

A) 91 years B) 115 years
C) 103 years D) Can't be determined
 
Answer & Explanation Answer: C) 103 years

Explanation:

Let present Anirudh's age be 'A' and Bhavana's age be 'B'

Given seven years, their ratio is 7:9

=> A-7 : B-7 = 7 : 9

=> 9A - 7B = 14 .......(1)

And given,

Chandhu is 12 years older than A nad 12 years younger than B

=> C = A + 12....(2)

=> B = C + 12

=> B = A + 12 + 12 .....(From (2))

=> B = A + 24 ....(3)

Put (3) in (1)

9A - 7(A+24) = 14

9A - 7A - 168 = 14

2A = 182

=> A = 91 years

=> C = A + 12 = 91 +12 = 103 years.

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Filed Under: Problems on Ages
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9 5853
Q:

Which of the following is not a transverse wave?

A) Light waves B) Radio waves
C) Sound waves D) All the above
 
Answer & Explanation Answer: C) Sound waves

Explanation:
Light and Radio waves are both different frequency/wavelengths of electromagnetic radiation, which consists of two components electric and magnetic of perpendicular, transverse waves. 

 
Sound, on the other hand, is a longitudinal wave which oscillates parallel to it's medium (back and forth instead of up and down).
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Filed Under: Physics
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14 5852
Q:

A, B and C started a company where their initial investments was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit of the company ?

A) Rs. 9500 B) Rs. 10600
C) Rs. 7500 D) Rs. 8900
 
Answer & Explanation Answer: A) Rs. 9500

Explanation:

Given initial investments ratio = 2 : 3 : 4

At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment

i.e, upto 6 months A's investment is 2 and after 6 months his invstment is 3 = B's investment

Now, Ratio of investment for one year

=> A : B : C = (2×6 + 3×6) : (3×12) : (4×12)

= 30 : 36 : 48

= 5 : 6 : 8

But given B's profit = 3000

=> 6 ratio = 3000

For total => 19 ratio = Rs. 9500.

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Filed Under: Partnership
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7 5852