Bank PO Questions


Q:

A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

A) Rs. 40,000 B) Rs. 45,000
C) Rs. 42,000 D) Rs. 46,000
 
Answer & Explanation Answer: A) Rs. 40,000

Explanation:

Let his present earnings be Rs. p

ATQ,

(125/100) x (96/100) x (125/100) x (96/100) x (125/100) x p = 72000

p = Rs. 40,000.

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

27 4616
Q:

Which Wins Patent for Flying Warehouse to Deliver Parcels via Drones ?

A) Flipkart B) Snapdeal
C) Amazon D) Paytm
 
Answer & Explanation Answer: C) Amazon

Explanation:

The U.S. e-commerce giant, Amazon has been awarded a patent for launching a giant flying warehouse that would acts as a launch pad for drones to deliver items within minutes.The patent reveals plans for setting up an “Airborne Fulfillment Center” (AFC) such as an Airship or Blimp, floating at an altitude of around 45,000 and stocked with lots of products especially in area where the demand for certain items is expected to be high. When a customer places an order, a drone or unmanned aerial vehicles (UAV) will fly down and deliver the package. The patent claims that this would require little or no power because the drone would be gliding down rather than having to take off and land.

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

10 4614
Q:

Who is the author of the book "Flaming Tresses of Draupadi" ?

A) Smriti Irani B) Veerappa Moily
C) Mallikarjun Kharge D) None
 
Answer & Explanation Answer: B) Veerappa Moily

Explanation:
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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

9 4613
Q:

There are 1650 students in a college. The difference between the number of boys and girls in the college is 400. What is the percentage of girls in the college ?

A) 49 B) 34
C) 43 D) 38
 
Answer & Explanation Answer: D) 38

Explanation:

Let no. of boys be 'B' and no. of girls be 'G'

Here from given data,

B + G = 1650 .....(1)

B - G = 400 .....(2)

From (1) & (2), we get

2B = 2050

=> B = 1025

=> G = 1650 - 1025 = 625

Hence, the % of girls = 625 x 100/1650

=> 38% (approx).

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

4 4611
Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 19296 B) 19396
C) 19496 D) 19596
 
Answer & Explanation Answer: A) 19296

Explanation:

The single equivalent payment will be PV + FV.
FV = Future value of $10,000, 12 months later
 $10,000 *(1.0075)/12
 $10,938.07
PV=  Present value of $10,000, 24 months earlier
 $10,000/(1.0075)24
 $8358.31
The equivalent single payment is
$10,938.07 + $8358.31 = $19,296.38

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

2 4611
Q:

In a class of 80 students and 5 teachers, each student got sweets that are 15% of the total number of students and each teacher got sweets that are 25% of the total number of students. How many sweets were there?

A) 1060 B) 960
C) 860 D) 760
 
Answer & Explanation Answer: A) 1060

Explanation:

From the given data,

80 x 15/100 of 80 + 5 x 80 x 25/100

= 960 + 100

= 1060.

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

8 4605
Q:

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

A) 3 years B) 4 years
C) 2.5 years D) 2 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

P1+20100n > 2P 

 

 

 

Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.

 

 

 

So, n = 4 years.

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

11 4602
Q:

The sum of the ages of 5 children born at the intervals of 3 years each is 50 years. What is the age og the youngest child ?

A) 8 yrs B) 16 yrs
C) 6 yrs D) 4 yrs
 
Answer & Explanation Answer: D) 4 yrs

Explanation:

Let the age of the youngest child is 'X' years.
Then the child elder than the yongest is 'X + 3' yrs
Since each have 3yrs difference upto 5 children
And given that
=> X + X+3 + X+6 + X+9 + X+12 = 50
=> 5X + 30 = 50
=> X = 4 yrs.

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

5 4602