Bank PO Questions


Q:

A sum of money at simple interest amounts to Rs. 415 in 2 years and to Rs. 514 in 4 years. The sum is ?

A) Rs. 316 B) Rs. 251
C) Rs. 154 D) Rs. 294
 
Answer & Explanation Answer: A) Rs. 316

Explanation:

S.I. for 2 years = (514 - 415) = Rs. 99
S.I. for 1 year = 99/2

Principal = (415 - 99) = Rs. 316.

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

2 5436
Q:

Name of the First fully India-made sub-urban train ?

A) Vedha B) Medha
C) Sudha D) Trivedha
 
Answer & Explanation Answer: B) Medha

Explanation:

Railway Minister Suresh Prabhu on 18th March, 2017 flagged off the first fully India-made suburban train 'Medha'. The train will save foreign exchange worth ₹32 crore per rake along with 25% saving in the manufacturing cost. It can run at a maximum speed of 105 km per hour, and has been fitted with LED lights and GPS-based passenger information system.

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

4 5435
Q:

60 percent of 2/7 of three-fourth of a number is 2664. What is the number ?

A) 20720 B) 21352
C) 25421 D) 24150
 
Answer & Explanation Answer: A) 20720

Explanation:

Let N be the required number. 

=> 60100x27x34xN=2664  

=> N = 2664x2x7x5/9  

=> N = 20720.

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

10 5432
Q:

Which sea separates Europe from Africa?

A) The Gulf of Mexico B) The caribbean sea
C) The Mediterranean sea D) Both B & C
 
Answer & Explanation Answer: C) The Mediterranean sea

Explanation:

The Mediterranean sea separates Europe from Africa.

which_sea_separates_europe_from_africa1542971516.jpg image

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

1 5428
Q:

Simon deposits $400 in an account that pays 3% interest compounded annually. What is the balance of Simon’s account at the end of 2 years?

A) 424.36 B) 524.56
C) 545.36 D) 456.36
 
Answer & Explanation Answer: A) 424.36

Explanation:

I=Prt

 

I=12

 

Balance = P +Prt

 

412

 

Find the balance at the end of the second year.

 

I = Prt=12.36

 

Balance =P + Prt

 

424.36

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

0 5427
Q:

Mohan was married 5 years ago. At present his age is 6/5 times of his age at the time of marriage. His wife is 3 year younger to him. Find his wife’s present age?

A) 21 yrs B) 24 yrs
C) 27 yrs D) 30 yrs
 
Answer & Explanation Answer: C) 27 yrs

Explanation:

Let Mohan present age = p

ATQ,

5/6 x p = p - 5

p = 30

His wifes age = 30 - 3 = 27 yrs.

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

14 5422
Q:

Watson bought a book for Rs. 240 and sold to Johny at a profit  of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ?

A) Rs. 450 B) Rs. 360
C) Rs. 415 D) Rs. 500
 
Answer & Explanation Answer: D) Rs. 500

Explanation:

Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.

S.P = C.P(1 + P%/100)

=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360

Let Johny quoted the marked price of the book as Rs. M

We know, SP = M.P(1 - Discount(%)/100)

Here discount = 10% to Shekar,

S.P for Johny = M(1 - 10/100) = 0.9M

But Johny want to earn 25% profit,

=> S.P = C.P(1 + P%/100)

=> 0.9M = 360(1 + 25/100)

=> M = (360x1.25)/0.9

=> M = Rs. 500

Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

7 5421
Q:

What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?

A) Rs.600 B) Rs.601
C) Rs.602 D) Rs.603
 
Answer & Explanation Answer: C) Rs.602

Explanation:

PW = Amount1+R100T 

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Filed Under: True Discount
Exam Prep: Bank Exams
Job Role: Bank PO

27 5420