Sawaal
0
Q:

What is the compound interest earned at the end of 3 years?

I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.

II.The rate of interest is 10 p.c.p.a.

III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.

A) I and II only B) II and III only
C) I and III only D) Either II or III only

Answer:   D) Either II or III only



Explanation:

 

 

 

 

 

 

I. gives, S.I for 3 years = Rs. 4500.

 

 

 

II. gives, Rate = 10% p.a.

 

 

 

III. gives, (C.I.) - (S.I.) = Rs. 465.

 

 

 

Clearly, using I and III we get C.I. = Rs. (465 + 4500).

 

 

 

Thus, II is redundant.

 

 

 

Also, from I and II, we get sum =

 

 

 

100 x 4500

 

 

 

= 15000.

 

 

 

10 x 3

 

 

 

Now C.I. on Rs. 15000 at 10% p.a. for 3 years may be obtained.

 

 

 

Thus, III is redundant.

 

 

 

Either II or III is redundant.

Subject: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO
Related Questions
Q:

Sheila works 8 hours per day on Monday, Wednesday and Friday, and 6 hours per day on Tuesday and Thursday. She does not work on Saturday and Sunday. She earns $324 per week. How much does she earn in dollars per hour?

A) 11 B) 10
C) 9 D) 8
 
Answer & Explanation Answer: C) 9

Explanation:

Total hours worked = 8 x 3 + 6 x 2 = 36

Total earned = 324. Hourly wage = 324 / 36 = 9

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: GRE

2 9266
Q:

n is an integer chosen at random from the set

{5, 7, 9, 11 }

p is chosen at random from the set

{2, 6, 10, 14, 18}

What is the probability that n + p = 23 ?

A) 0.1 B) 0.2
C) 0.25 D) 0.3
 
Answer & Explanation Answer: A) 0.1

Explanation:

Each of the integers in the first set could be combined with any from the second set, giving a total of 4 x 5 = 20 possible pairs.

Of these the combinations that could give a sum of 23 are (5 + 18), and (9 + 14)

This means that the probability of getting a sum of 23 is 2/20 = 1/10

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: GRE

0 33692
Q:

A research team of 6 people is to be formed from 10 chemists,5 politicians, 8 economists and 15 biologists.How many teams have atleast 5 chemists?

A) 7350 B) 6400
C) 6379 D) 7266
 
Answer & Explanation Answer: D) 7266

Explanation:

10C5 x 28C1 x 10C6 = 7266

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability

0 3668
Q:

If there are 17 randomly placed dots on a circle,how many lines can you form using any 2 dots?

A) 126 B) 130
C) 136 D) 120
 
Answer & Explanation Answer: C) 136

Explanation:

17C2 = 136 (combination)

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability

0 3711
Q:

Course materials are sent to students by a distance teaching institution. The probability that they will send a wrong programme’s study material is 1/5. There is a probability of 3/4 that the package is damaged in transit, and there is a probability of 1/3 that there is a short shipment. What is the probability that the complete material for the course arrives without any damage in transit? 

A) 4/5 B) 2/3
C) 1/2 D) 2/15
 
Answer & Explanation Answer: D) 2/15

Explanation:

Probability of sending the correct material is 4/5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Probability of the material not being damaged in transit is 1/4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Probability that there is no short shipment = 2/3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

∴ Required probability =4/5 x 1/4 x 2/3 = 2/15

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability

2 6526
Q:

Two cubes have their volumes in the ratio 1 : 27. Find the ratio of their surface areas.

A) 2:9 B) 3:9
C) 1:9 D) 4:9
 
Answer & Explanation Answer: C) 1:9

Explanation:

Let their edges be a and b. Then,

 

a3/b3 = 1/27 (or) (a/b)3 = (1/3)3 (or) (a/b) = (1/3).

 

\Ratio of their surface area = 6a2/6b2 = a2/b2 = (a/b)2 = 1/9, i.e. 1:9.

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability

31 14240
Q:

A cube of edge 15 cm is immersed completely in a rectangular vessel containing water . If the dimensions of the base of vessel are 20 cm x 15 cm, find the rise in water level

 

A) 11.25cm B) 11.56cm
C) 11.66cm D) 10.86cm
 
Answer & Explanation Answer: A) 11.25cm

Explanation:

Increase in volume = Volume of the cube = (15 x 15 x 15) cm3.

 

\Rise in water level = volume/area = (15 x 15 x 15)/(20 x 15) cm = 11.25 cm.

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability

7 13574
Q:

A bag contains 12 white and 18 black balls. Two balls are drawn in succession without replacement. What is the probability that first is white and second is black?

A) 6/145 B) 36/145
C) 18/95 D) 12/145
 
Answer & Explanation Answer: B) 36/145

Explanation:
 

The probability that first ball is white:
=C112C130=1230=25


Since, the ball is not replaced; hence the number of balls left in bag is 29.
Hence the probability the second ball is black:
=C118C129=1829


Required probability =(25)×(1829)


=36/145
Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability

10 8293