Bank PO Questions


Q:

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is

A) Rs.2 B) Rs.3
C) Rs.4 D) Rs.5
 
Answer & Explanation Answer: B) Rs.3

Explanation:

S.I. = Rs.(1200*10*1)/100=rs.120

C.I. =rs[1200*(1+5/100)2-1200]=rs.123

Difference = Rs.(123-120) =Rs.3

 

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

1 6538
Q:

The profit earned by selling an article for Rs.753 is equal to the loss incurred when the same article is sold for Rs.455.What should be the sale price for making 50% profit ?

A) Rs.855 B) Rs.955
C) Rs.906 D) Rs.896
 
Answer & Explanation Answer: C) Rs.906

Explanation:

Let C.P =Rs. x

 

Then as given, (753 - x ) = (x - 455)

=>2x = 1208 => x = 604

 There fore S.P= 150% of 604 => Rs. 150100×604= Rs.906

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Filed Under: Profit and Loss
Exam Prep: CAT
Job Role: Bank PO

14 6536
Q:

If 6 (P's Capital ) = 8 ( Q's Capital ) = 12 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive ?

A) Rs. 1033.33 B) Rs. 1024
C) Rs. 1148.14 D) Rs. 1245.32
 
Answer & Explanation Answer: A) Rs. 1033.33

Explanation:

Let
P's capital = p,
Q's capital = q and
R's capital = r.
Then

6p = 8q = 12r
=> 3p = 4q = 6r
=>q = 3p/4
r = 3p/6 = p/2
P : Q : R = p : 3p/4 : p/2
= 4 : 3 : 2
R's share = 4650 * (2/9) = 150*6 = Rs. 1033.33.

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

3 6534
Q:

A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.  What is the monthly instalment?

A) $503 B) $504
C) $505 D) %506
 
Answer & Explanation Answer: B) $504

Explanation:

Cash price = $21 000

Deposit = 10% × $21 000 = $2100 

Loan amount = $21000 − $2100 = $18900

I=p x r x t/100 

I=11340

Total amount = 18900 + 11340 = $30240

Regular payment = total amount /number of payments

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

7 6534
Q:

The memory unit is one part of

A) Input Device B) Central Processing Unit
C) Control Unit D) Output device
 
Answer & Explanation Answer: B) Central Processing Unit

Explanation:

In a computer, memory is one part of Central processing unit i.e, CPU.

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14 6528
Q:

A method of providing virtual memory is called _____.

A) Fragmentation B) Segmentation
C) De-fragmentation D) Paging
 
Answer & Explanation Answer: B) Segmentation

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

18 6517
Q:

Which resource is both renewable and inexpensive?

A) Sunlight B) Coal
C) Gold D) Minerals
 
Answer & Explanation Answer: A) Sunlight

Explanation:

A resource is a source or supply from which a benefit is produced. Resources can be broadly classified upon their availability they are renewable and non renewable resources.

 

Renewable Resources :: A resource that can be replenished after use are known as Renewable resources.

Examples :: Sunlight, Water, biomass,...

 

Non renewable Resources :: A resource that, once used, is no longer available are known as Non renewable Resources. 

Example :: Coal, fossil fuels, natural gas,...

 

Sunlight is the both renewable and inexpensive resource from the given options.

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

2 6516
Q:

GUI stands for

A) Graphical Universal Interface B) Graph Use Interface
C) Graphical Unique Interface D) Graphical User Interface
 
Answer & Explanation Answer: D) Graphical User Interface

Explanation:

GUI stands for Graphical User Interface.

 

A Graphical User Interface is a computer interface that allows users to interact with a device through graphical elements such as pictures and animations, as opposed to text-based commands.

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9 6516