Bank PO Questions

Now, the distance covered by Chennai express in 2 hrs = 60 x 2 = 120 kms

Let the Charminar Express takes 't' hrs to catch Chennai express

=> 80 x t = 60 x (2 + t)

=> 80 t = 120 + 60t

=> t = 6 hrs

Therefore, the distance away from Hyderabad the two trains meet = 80 x 6 = 480 kms.

Given that train K crosses a pole in 30 seconds and train L crosses the same pole in one minute and 15 seconds.

Let the length of train K be Lk and that of train L be Ll

given that Lk = 3/4 Ll

As the train K and L crosses the pole in 30 seconds and 80 seconds respectively,
=> Speed of train K = sk = Lk/30

Speed of train L = sl = Ll/80

Lk = 3/4 Ll
=> sk = 3/4 Ll/(30) = Ll/40

Ratio of their speeds = sk : sl
= Ll/40 : Ll/80

=> 1/40 : 1/80  =  2 : 1

All the above will stay where they are when they goes off. Basically anything that can swithch on or off will come under this.

K = 100 L = 130
130------ 30
100------- ? => 23 1/13 %

Suppose the merchant will take advantage of the cash discount of 4% of $20 000 = $800 by paying the bill within 30 days from the date of invoice. He needs to borrow $20 000 = $800 = $19 200. He would borrow this money on day 30 and repay it on day 100 (the day the original invoice is due) resulting in a 70-day loan. The interest he should be willing to pay on borrowed money should not exceed the cash discount $800.

r=I/pt=21.73%

The highest simple interest rate at which the merchant can afford to borrow money is 21.73%. This is a break-even rate. If he can borrow money, say at a rate of 15%, he should do so. He would borrow $19 200 for 70 days at 15%. Maturity value of the loan is $19 200(1+0.15(70/365))=$19 752.33

savings would be $20 000 − $19 752.33 = $247.67

We have 12 months.

In every month we get 28 or more days. 

So that implies we get 28 days in each and every month.

Let Althaf lent Rs. A at 14% per year.
Hence, Money lent at 12% = (1500-A);
Given, total interest = Rs. 186.
{(A x 14x 1)/100} + {[(1500-A) x 12 x 1/100]} = 186;
14A/100 + (18000 -12A)/100 = 186;
14A + 18000 - 12A = 186x100;
2A = 18600-18000;
A = 600/2 = Rs. 300.
Hence, money lent at 12% = 1500-300 = Rs. 1200.