Aptitude and Reasoning Questions

Q:

$10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

A) 1710.29 B) 2710.29
C) 3710.29 D) 4710.29
 
Answer & Explanation Answer: C) 3710.29

Explanation:

i=j/m

n =m(Term) = 2(15.5)  =31

Fair market value  Present value of the face value

 =FV(1+  i)^-n

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Filed Under: Compound Interest
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Q:

Spelling test - find correct spelling :

A) Skillfull B) Skillfful
C) Skillful D) Skkillful
 
Answer & Explanation Answer: C) Skillful

Explanation:
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Filed Under: Alphabet Test
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7 4885
Q:

If a quarter kg of carrots costs 60 paise, how many paise will 200 gms cost ?

A) 78 paise B) 48 paise
C) 54 paise D) 62 paise
 
Answer & Explanation Answer: B) 48 paise

Explanation:

Quarter of Kg means 250 gm

Less weight, less price (Direct Proportion)

So,

250 : 200 :: 60 : x => x = 48

So 200 gm will cost 48 paise.

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Filed Under: Chain Rule
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33 4884
Q:

National Aluminium Company has moved Georgia from a position of shortage to self-sufficiency in the metal. 

Conclusions: 

1. Previously, Georgia had to import aluminium

2. With this speed, it can soon become a foreign exchange earner 

A) Only 1 follows B) Only 2 follows
C) Either 1 or 2 follows D) Both 1 and 2 follow
 
Answer & Explanation Answer: D) Both 1 and 2 follow

Explanation:

According to the statement, National Aluminium Company has moved Georgia from a position of shortage in the past to self-sufficiency in the present. This means that previously, Georgia had to import aluminium. So, I follows. Also, it can be deduced that if production increases at the same rate, Georgia can export it in future. So, II also follows. 

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Q:

X and Y entered into partnership with Rs. 700 and Rs. 600 respectively. After another 3 months, X withdrew two- sevenths of his stock but after 3 months, he puts back three-fifths of what he had withdrawn. The total profit at the end of the year is Rs. 726. How much of this should X receive?

A) Rs. 336 B) Rs. 366
C) Rs. 633 D) Rs. 663
 
Answer & Explanation Answer: B) Rs. 366

Explanation:

Profit ratio X & Y = (700 × 3) + (700 × 5/7× 3) + (700× 5/7 + 200 × 3/5 )× 6 : 600 ×12
X:Y= 7320 : 7200= 183:180
∴ X’s share from profit = 183 × 726/(183+180) = Rs. 366.

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Q:

AF : CH :: KT : ?

A) MU B) LU
C) LV D) MV
 
Answer & Explanation Answer: D) MV

Explanation:

As,

 A+2C

 F+2H

 

Similarly,

 

 K+2MT+2V

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Filed Under: Analogy
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Q:

On the eve of Christmas, all the things are kept in apple-pie order.

A) with neatness B) in perfect order
C) in jumbled order D) Both A & B
 
Answer & Explanation Answer: D) Both A & B

Explanation:
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Filed Under: Alphabet Test
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15 4868
Q:

P’s son Q is married with R whose sister S is married to T the brother of Q. How S is related to P ?

A) Daughter-in-law B) Sister
C) Cousin D) Sister-in-law
 
Answer & Explanation Answer: A) Daughter-in-law

Explanation:

Since T is the brother of Q
Therefore, P is the father of T
but S is the wife of T.
Hence, S is the daughter-in-law of P.

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Filed Under: Blood Relations
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