Bank PO Questions


Q:

The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ?

A) Rs. 6000 B) Rs. 5550
C) Rs. 7500 D) Rs. 6580
 
Answer & Explanation Answer: A) Rs. 6000

Explanation:

Let the sum invested be Rs. P

Let the rate of interest be R% per annum

=> Interest earned for 5 years = (P x 5 x R/100) = PR/20

Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)%

=> SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100

Hence,

PR/20 + 10P/100 = PR/20 + 600

=> P = 6000

Therefore, the sum invested is Rs. 6000

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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13 5573
Q:

A by product of involuntary muscle contraction and relaxation is

A) Oxygen B) Water
C) Heat D) Nitrogen
 
Answer & Explanation Answer: C) Heat

Explanation:

A_by_product_of_involuntary_muscle_contraction_and_relaxation_is1537166589.jpg image

When a muscle is contracted and relaxed some amount of heat is released as a by product. 

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

2 5571
Q:

If A = log321875 and B = log2432187, then which one of the following is correct?

A) A B) A=B
C) A>B D) can't be determined
 
Answer & Explanation Answer: B) A=B

Explanation:

 Given A = log321875 and B = log2432187

B = log352187 = log321875

=> A

Therefore, A = B

   

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Filed Under: Logarithms
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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7 5565
Q:

Which computer memory is essentially empty?

A) EPROM B) PROM
C) EROM D) ROM
 
Answer & Explanation Answer: D) ROM

Explanation:

Computer memory - ROM is essentially empty. ROM is a Read Only Memory which cannot be retrieve.

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Filed Under: Computer
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Q:

Navaneet has thrice the money Poonam has and Poonam has 25% more money than Hebah. If the average money of the three is Rs. 350, What is the amount that Navaneet has ?

A) Rs. 175 B) Rs. 220.75
C) Rs. 218.55 D) Rs. 656.25
 
Answer & Explanation Answer: D) Rs. 656.25

Explanation:

Assume Hebah has Rs. M

Since 25% more money at Poonam

=> Money at Poonam = M + (25% of M)

=> Money at Poonam = M + 0.25M = Rs. 1.25M

Money with Navaneet is thrice the money with Poonam,

=> Money at Navaneet = 3(1.25M) = Rs. 3.75M

Now, sum of all Money = (M + 1.25M + 3.75M) = Rs. 6M

But given the average of the money is Rs. 350

=> 6M/3 = 350

=> 2M = 350

=> M = 350/2 = Rs. 175

=> Amount of money Navaneet has = Rs. 3.75M = 3.75 x 175 = Rs. 656.25.

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Filed Under: Average
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22 5563
Q:

A DVD is an example of

A) Optical Disc B) Hard Disc
C) Output Device D) Solid state storage device
 
Answer & Explanation Answer: A) Optical Disc

Explanation:

A DVD is an example of Optical Disc.

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Q:

A $1000 face value Series S50 compound interest Canada Savings Bond (CSB) was presented to a credit union branch for redemption.What amount did the owner receive if the redemption was requested on:January 17, 2001?

A) 1206 B) 1306
C) 1406 D) 1506
 
Answer & Explanation Answer: B) 1306

Explanation:

I  = ptr

Therefore, the total amount the owner received on January 17, 2001 was

$1295.57 + $10.47 = $1306.04

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

3 5562
Q:

75% of 450 + ? % of 560 = 600 

A) 52.385 B) 46.875
C) 42.155 D) 40.555
 
Answer & Explanation Answer: B) 46.875

Explanation:

75% of 450 + ? % of 560 = 600 

75 x 450100 + ? x 560100 = 60075 x 92 + 28p5 = 60075x9x5 + 56p10 = 6003375 + 56p = 600056p = 2625p = 46.875

 

Hence, in the given question ? = 46.875

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Filed Under: Percentage
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3 5558