Free Practice Questions for Competitive Exams, Interviews, Certifications

Q:

The simple interest accrued on a sum of money at the end of four years is 1/5th of its principal. What is the rate of interest per annum?

A) 4%	B) 5%
C) 6%	D) Inadequate data

Answer & Explanation Answer: B) 5%

Explanation:

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Filed Under: Simple Interest
Exam Prep: Bank Exams

4 1797

Q:

Srinivasan invests two equal amounts in two banks giving 8% and 12% rate of interest respectively. At the end of year the interest earned is Rs. 1500. Find the sum invested in each.

A) Rs. 5800	B) Rs. 15000
C) Rs. 7500	D) Rs. 17,000

Answer & Explanation Answer: C) Rs. 7500

Explanation:

Let the sum invested be x.
⇒ 8x/100 + 12x/100 = 1500
⇒ 20x = 150000
⇒ x = 7500

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Filed Under: Simple Interest
Exam Prep: Bank Exams

3 1873

Q:

18 buckets of water fill a tank when the capacity of each bucket is 8 litres. How many buckets will be needed to fill the same tank, if the capacity of the bucket is 12 litres?

A) 12	B) 13.5
C) 24	D) Data insufficient

Answer & Explanation Answer: A) 12

Explanation:

Capacity of tank = (8 X 18) = 144 litres

If the capacity of each bucket = 12 litres

Then, Nunber of buckets needed = 144 / 12 = 12 buckets

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Filed Under: Pipes and Cistern
Exam Prep: Bank Exams

3 1741

Q:

The average age of students of a class is 15.8 years. The average age of boys in the class is 16.4 years and that of the girls is 15.4 years. The ratio of the number of boys to the number of girls in the class is:-

A) 1:2	B) 2:3
C) 3:4	D) 3:5

Answer & Explanation Answer: B) 2:3

Explanation:

Let the ratio be x : y
Total boys = 16.4 X x
Total girls = 15.4 X y
Total number of students in class = 16.4x + 15.4y
The average age of all students is 15.8
The total age of boys is 15.8x
The total age of girls is 15.8y
16.4x + 15.4y = 15.8x + 15.8y
0.6 x = 0.4 y
x/y = 0.4/0.6 = 2/3

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

2 973

Q:

A man’s average monthly expenditure for the first four months of the year was Rs. 231.25. For the next five months, the average monthly expenditure was Rs. 22.75 more than what it was during the first four months. If the person spent Rs. 605 in all during the remaining three months of the year, find what percentage of his annual income of Rs. 3500 did he save in the year?

A) 10%	B) 15%
C) 20%	D) 25%

Answer & Explanation Answer: C) 20%

Explanation:

A man's average monthly expenditure for the first four months of the year = Rs.231.25.
For four month = 231.25 * 4 = Rs. 925
For next five month he spend = 231.25 + 22.75 for one month.
In five month he spend = (231.25 + 22.75) X 5 = 1270
If the person spent Rs. 605 in all during the remaining three months of the year,
Total expense = 925+1270+605= 2800
Saving = 3500-2800 = 700
% saving = 700/3500 * 100 = 20%

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Filed Under: Percentage
Exam Prep: Bank Exams

1 3272

Q:

$\frac{{(798 + 579)}^{2} - {(798 - 579)}^{2}}{798 x 579} =$

A) 2	B) 6
C) 4	D) 8

Answer & Explanation Answer: C) 4

Explanation:

⇒ 4(798 X 579) / (798 X 579)
⇒ 4

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Filed Under: Simplification
Exam Prep: Bank Exams

0 2428

Q:

If a/(a+b) = 15/21, what is (a+b)/(a-b) is equal to?

A) 13/9	B) 23/11
C) 14/5	D) 21/9

Answer & Explanation Answer: D) 21/9

Explanation:

a/(a + b) = 15/21 → a = 15, a + b = 21

→ b = 21– 15 = 6
⇒ a – b =15 – 6 = 9
⇒ (a + b)/(a – b) = 21/9

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Filed Under: Simplification
Exam Prep: Bank Exams

0 2587

Q:

If a--b = 4 and ab = 45, find the value of $a^{3} - b^{3}$

A) 604	B) 370
C) 253	D) 199

Answer & Explanation Answer: A) 604

Explanation:

${(a - b)}^{2} = a^{2} + b^{2} - 2 ab \Rightarrow 16 = a^{2} + b^{2} - 90 \Rightarrow a^{2} + b^{2} = 106 a^{3} - b^{3} = (a - b) (a^{2} + b^{2} + ab) \Rightarrow a^{3} - b^{3} = 4 X (106 + 45) \Rightarrow a^{3} - b^{3} = 4 X 151 \Rightarrow a^{3} - b^{3} = 604$

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Filed Under: Simplification
Exam Prep: Bank Exams

0 1222

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