Q:

What is the rate of interest (in %) if simple interest earned on a certain sum for the 3 years is Rs 6,000 and compound interest earned for 2 years is Rs 4,160?

A) 9 B) 8
C) 12 D) 6
 
Answer & Explanation Answer: B) 8

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Filed Under: Simple Interest
Exam Prep: Bank Exams

5 1917
Q:

An investor invested his saving in the stock market. The value of his investments increased by 12% and 9% in the first year and the second year respectively. If the value of his investments after two years became Rs 97,664 then how much had he invested (in Rs)?

A) 81000 B) 75000
C) 80000 D) 72000
 
Answer & Explanation Answer: C) 80000

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Filed Under: Percentage
Exam Prep: Bank Exams

0 1482
Q:

What is the compound interest earned on Rs 80,000 at 40% per annum in 1 year compounded quarterly?

A) 28317 B) 37128
C) 18732 D) 21387
 
Answer & Explanation Answer: B) 37128

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Filed Under: Compound Interest
Exam Prep: Bank Exams

5 1435
Q:

In how many years will Rs 2,000 yield Rs 662 as compound interest at 10% per annum compounded annually?

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

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Filed Under: Compound Interest
Exam Prep: Bank Exams

6 1674
Q:

Flight A usually takes 1 hour more than Flight B to travel a distance of 7200 km. Due to engine trouble speed of flight B falls by a factor of 1/6th, so it takes 36 minutes more than Flight A to complete the same journey? What is the speed of Flight A (in km/hr)?

A) 800 B) 900
C) 750 D) 720
 
Answer & Explanation Answer: A) 800

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Filed Under: Time and Distance
Exam Prep: Bank Exams

3 1556
Q:

Two runners A and B start running at 12 km/hr and 16 km/hr towards each other. They meet after 1 hour and 30 minutes. How far (in km) were they from each other when they started?

A) 42 B) 36
C) 40 D) 45
 
Answer & Explanation Answer: A) 42

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Filed Under: Time and Distance
Exam Prep: Bank Exams

0 1406
Q:

If a boat goes upstream at a speed of 21 km/h and comes back the same distance at 28 km/h. What is the average speed (in km/hr) for the total journey?

A) 24.5 B) 24
C) 25 D) 25.4
 
Answer & Explanation Answer: B) 24

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Filed Under: Time and Distance
Exam Prep: Bank Exams

0 1363
Q:

A bus travels 720 km in 20 hours. Calculate its average speed in meters/second.

A) 12 B) 15
C) 18 D) 10
 
Answer & Explanation Answer: D) 10

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Filed Under: Time and Distance
Exam Prep: Bank Exams

0 1293