Bank PO Questions


Q:

A woman suffered 20% loss on first investment and made 10% profit at second investment and 12 ½% profit on the third investment. If the invested amount be in the ratio of 4 : 5 : 3, find her profit percentage?

A) 0.625% B) 1.205%
C) 0.987% D) 0%
 
Answer & Explanation Answer: A) 0.625%

Explanation:

From the given data,

let the amounts invested be 4p, 5p and 3p

Net profit = Total profit - Total loss

= 10x5p/100 + 25x3p/200 - 20x4p/100

= 0.875p - 0.8p

= 0.075p

Therefore, profit% = (Net profit/Total investment) x 100

= 0.075 x 100/12 

= 0.0625%

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

9 2807
Q:

All of these are exemptions from local real property taxes EXCEPT :

A) Low-income homeowner's exemption B) Homeowner's exemption
C) Veteran's exemption D) Senior citizen's tax exemption
 
Answer & Explanation Answer: A) Low-income homeowner's exemption

Explanation:

Under state law limited exemptions from local real property taxes for individuals who qualify are senior citizens(blind and disabled persons), who may defer their taxes; Veterans, who receive $4000 off assessed value; and homeowners, who receive $7000 off assessed value.

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

1 2807
Q:

For which Novel Prominent Konkani writer Mahabaleshwar Sail will be awarded the Saraswati Samman for the year 2016 ?

A) Hawthan B) Mandra
C) Chitt-Chete D) None of the above
 
Answer & Explanation Answer: A) Hawthan

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

6 2806
Q:

Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest

A) 5678 B) 4563
C) 4329 D) 6210.73
 
Answer & Explanation Answer: D) 6210.73

Explanation:

Bob receives 15-3 = 12 months of 3.5 % interest compounded daily

 

 

 

M=P(1+i/365)^365n

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0 2806
Q:

What is a Common Multiple?

Answer

If the Multiples for two or more numbers which are Common, then those Multiples are said to be Common Multiples. 


 


For Example :


Multiples of 3 are 3, 6, 9, 12, 15, 18, 21, 24, 27, 30,...


Multiples of 5 are 5, 10, 15, 20, 25, 30,...


Here common multiples of 3 & 5 upto 30 are 15, 30.

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Subject: HCF and LCM Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

29 2805
Q:

A Credit may signify a

A) Increase in the liability account B) Decrease in an asset account
C) Increase in the capital stock account D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A credit may signify a decrease in an asset account or an increase in a liability or capital stock account. 

 

A debit may signify an increase in an asset account.

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

1 2804
Q:

Which term is a type of detail?

A) chronology B) prose
C) style D) statistic
 
Answer & Explanation Answer: A) chronology

Explanation:

In chronology, the sequence of events from the latest to the oldest events or vice versa is laid. In this case, the details of how a particular event or place or thought developed through time is detailed in a chronology. 

 

Hence, the term chronology is a type of detail.

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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4 2803
Q:

Rana Pratap Sagar, Rajasthan is famous for

A) aluminum industry B) nuclear power station
C) brassware D) sports goods
 
Answer & Explanation Answer: B) nuclear power station

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

3 2802