Aptitude and Reasoning Questions

Q:

Jason decides to borrow money for a holiday. If a personal loan is taken over 4 years with equal quarterly repayments at 12% p.a. flat rate (simple interest), calculate the effective rate of interest.

A) 22,588 B) 32.588
C) 42.588 D) 43.588
 
Answer & Explanation Answer: A) 22,588

Explanation:

Flat rate = 12%
n = 4 × 4
= 16

Effective rate =2n/(n+1) × flat rate

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Filed Under: Simple Interest
Exam Prep: Bank Exams
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Q:

On selling 17 balls at Rs.720 there is a loss equal to the cost price of 5 balls. Then what is the cost price of a ball is ?

Answer

From given data,


(C.P. of 17 balls) - (S.P. of 17 balls) = (C.P. of 5 balls)


C.P. of 12 balls = S.P. of 17 balls = Rs.720.


Hence, C.P. of 1 ball = Rs.720/12 = Rs. 60.

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Subject: Profit and Loss Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Which one of the following is not a prime number?

A) 91 B) 71
C) 41 D) 31
 
Answer & Explanation Answer: A) 91

Explanation:

Prime Numbers :: Numbers which are divisible by only 1 and itself are Prime Numbers.

 

It's answer will be 91.

Because 91 can be divisible by 7,13,91,1.

It is quite clear that prime number should be divisible only by itself and by 1.

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Filed Under: Problems on Numbers
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Q:

Consider the given statement and decide which of the given assumptions is/are implicit.

 

Statement :

 

'Triple your money in one year' - an advertisement.

 

Assumptions :

 

I. The assurance is not genuine.

II. People want their money multiplied.

 

 

A) Both assumptions I and II are implicit. B) Neither assumption I nor II is implicit
C) Only assumption I is implicit D) Only assumption II is implicit
 
Answer & Explanation Answer: D) Only assumption II is implicit

Explanation:
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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

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Q:

A piece of paper is folded and punched as shown. Indicate how it is when opened?

 

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

Explanation:
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Filed Under: Paper Folding
Exam Prep: Bank Exams

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Q:

How many more words can be formed by using the letters of the given word 'CREATIVITY'?

A) 851250 B) 751210
C) 362880 D) 907200
 
Answer & Explanation Answer: D) 907200

Explanation:

The number of letters in the given word CREATIVITY = 10

 

Here T & I letters are repeated

 

=> Number of Words that can be formed from CREATIVITY = 10!/2!x2! = 3628800/4 = 907200

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Filed Under: Permutations and Combinations
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Q:

In the following questions a letter-series is given, in which some letters are missing. The missing letters are given in the proper sequence as one of the alternatives. Choose the correct alternatives. _ nmmn _ mmnn _ mnnm _

A) mnnm B) nmmn
C) nmnm D) nnmm
 
Answer & Explanation Answer: D) nnmm

Explanation:

The series is nnmm/nnmn/nnmm/nnmm.
The pattern 'nnmm' is repeated.

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Filed Under: Number Series

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Q:

Rishi bought 30 kg of sugar at the rate of Rs. 9 per kg and 45 kg of sugar at the rate of Rs. 10 per kg. He mixed both type of sugar and sold the mixture at the rate of Rs. 9.75 per kg. What was his gain or loss in the selling of whole sugar?

A) Rs. 10.75 B) Rs. 11.25
C) Rs. 12 D) Rs. 13.50
 
Answer & Explanation Answer: B) Rs. 11.25

Explanation:

Total quantity of sugar = 45 + 30 = 75

Gain or loss can be calculated as

9.75 x 75 - (30 x 9 + 45 x 10)

= 731.25 - 720

= 11.25

 

Hence, in the overall transaction, Rishi got Rs. 11.25 gain.

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Filed Under: Profit and Loss
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