Bank PO Questions


Q:

A certain sum of money is invested for one year at a certain rate of simple interest. If the rate of interest is 3% higher, then the invest earned will be 25% more than the interest earned earlier. What is the earlier rate of interest ?

A) 4% p.a. B) 6% p.a.
C) 8% p.a. D) 12% p.a.
 
Answer & Explanation Answer: D) 12% p.a.

Explanation:

If the interest earned is 25% more than the earlier interest then the rate of interest also should be 25% higher than the earlier rate.
Let the earlier rate of interest be x%.
Now it will be (x + 3)%
% increase = (x + 3) - x/x * 100 = 25
=> x = 12%

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Filed Under: Profit and Loss
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Q:

What is the difference between the compound interests on Rs. 5000 for 112 years at 4% per annum compounded yearly and half-yearly?

A) Rs.3.06 B) Rs.2.04
C) Rs.3.65 D) Rs.5.40
 
Answer & Explanation Answer: B) Rs.2.04

Explanation:

 C.I. when interest compounded yearly

Rs.5000*1+4100*1+12*4100

 Rs.5000*2625*5150

=Rs.5034

 

C.I. when interest iscompounded half-yearly 

 Rs.5000*1+21003

= Rs. 5306.04

Difference = Rs. (5306.04 - 5304) = Rs. 2.04

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

1 4669
Q:

Dry distillation of calcium formate gives

A) HCOOH B) CH3COOH
C) HCHO D) CH3CHO
 
Answer & Explanation Answer: C) HCHO

Explanation:

Dry distillation of calcium acetate and calcium formate leads to the formation of aldehydes and ketones.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams
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9 4668
Q:

kuchipudi belongs to which state

A) Telangana B) Tamilnadu
C) Andhra Pradesh D) Kerala
 
Answer & Explanation Answer: C) Andhra Pradesh

Explanation:

Kuchipudi is a dance-drama performance, with its roots in the ancient Hindu Sanskrit text of Natya Shastra. 

It originated in a village named Kuchipudi in the Indian state of Andhra Pradesh. Kuchipudi is also known as Kuchelapuram or Kuchilapuri in Krishna district of Andhra Pradesh.

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Filed Under: Indian Culture
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

28 4668
Q:

Maneela, Raghu and Aravind have some jems with each of them. Five times the number of jems with Raghu equals seven times the number of jems with Maneela while five times the number of jems with Maneela equals seven times the number of jems with Aravind. What is the minimum number of jems that can be there with all three of them put together ?

A) 108 B) 107
C) 109 D) 110
 
Answer & Explanation Answer: C) 109

Explanation:

From given data,

R : M = 5 : 7

M : A = 5 : 7

R : M : A = 25 : 35 : 49

25 + 35 + 49 = 109

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Filed Under: Ratios and Proportions
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15 4661
Q:

Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years? 

A) Rs. 3845 B) Rs. 4826
C) Rs. 5142 D) Rs. 4415
 
Answer & Explanation Answer: B) Rs. 4826

Explanation:

We know the formula for calculating

The compound interest C = P1 + r100n - 1 where P = amount, r = rate of interest, n = time

Here P = 5000, r1 = 10, r2 = 20

Then C = 65001 + 101002 x 1 + 201002 - 1= 6500 x 18562500= 65 x 185625

C = Rs. 4826.

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Q:

If a person having Rs. 2000 and he want to distribute this to his five children in the manner that each son having Rs. 30 more than the younger one , what will be the share of youngest child ?

A) Rs. 175 B) Rs. 325
C) Rs. 340 D) Rs. 260
 
Answer & Explanation Answer: C) Rs. 340

Explanation:

Assume first child (the youngest) get = Rs. x

According to the question ;
each son having Rs. 30 more than the younger one

Second child will get = Rs. x + 30
Third child will get = Rs. x + 30 + 30 = x + 60
Forth child will get = Rs. x + 30 + 30 + 30 = x + 90
Fifth child will get = Rs. x + 30 + 30 + 30 + 30 = x + 120

Total amount they got = Rs. 2000

x + (x+30) + (x+60) + (x+90) + (x+120) = 2000
5x + 300 = 2000
5x = 1700
x = Rs. 340
So the youngest child will get Rs. 340.

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Filed Under: Chain Rule
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22 4651
Q:

Choose apropriate words which gives a complete meaning to the sentence from the given options.

we were thinking ______ it _______ something like a requiem for our age.

A) for, because B) for, as
C) of, as D) of, since
 
Answer & Explanation Answer: C) of, as

Explanation:
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Filed Under: Inserting The Missing Character
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