Aptitude and Reasoning Questions

Q:

The food processing industry was touted to be a sunrise industry for India some years ago and, on the face of it , there was little reason to doubt that

Conclusions: 

I. India has an advantage in food processing because of the varied agro-climatic conditions and availabilty of raw materials.

II. Food processing is one of the basic industries which suports our lives.

A) If only conclusion I follows B) If only conclusion II follows
C) If neither I nor II follows D) If both I and II follow
 
Answer & Explanation Answer: C) If neither I nor II follows

Explanation:

Which factors influence the food processing industry cannot be determined from the statement. Hence I does not follow. II does not follow because the statement doesn't give any clue about the industry's centrality to our lives.

Report Error

View Answer Report Error Discuss

0 5023
Q:

Kramer borrowed $4000 from George at an interest rate of 7% compounded semiannually. The loan is to be repaid by three payments. The first payment, $1000, is due two years after the date of the loan. The second and third payments are due three and five years, respectively, after the initial loan. Calculate the amounts of the second and third payments if the second payment is to be twice the size of the third payment.

A) 1389 B) 1359
C) 1379 D) 1339.33
 
Answer & Explanation Answer: D) 1339.33

Explanation:

Given:j=7% compounded semiannually making m=2 and i = j/m= 7%/2 = 3.5%
Let x represent the third payment. Then the second payment must be 2x.
PV1,PV2, andPV3 represent the present values of the first, second, and third payments.

Since the sum of the present values of all payments equals the original loan, then
PV1 + PV2  +PV3  =$4000 -------(1)

PV1   =FV/(1 + i)^n  =$1000/(1.035)^4=  $871.44

At first, we may be stumped as to how to proceed for
PV2 and PV3. Let’s think about the third payment of x dollars. We can compute the present value of just $1 from the x dollars

pv=1/(1.035)^10=0.7089188

PV2   =2x * 0.7089188 = 1.6270013x
PV3   =x * 0.7089188=0.7089188x
Now substitute these values into equation ➀ and solve for x.
$871.442 + 1.6270013x + 0.7089188x  =$4000

2.3359201x  =$3128.558

x=$1339.326
Kramer’s second payment will be 2($1339.326)  =$2678.65, and the third payment will be $1339.33

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 5023
Q:

The price of commodity X increases by 60 rupees every year, while the price of commodity Y increases by 20 rupees every year. If in 2002, the price of commodity X was Rs. 320 and that of Y was Rs. 740, in which year commodity X will cost 60 rupees more than the commodity Y ?

A) 2011 B) 2014
C) 2012 D) 2017
 
Answer & Explanation Answer: B) 2014

Explanation:

If After p years , commodity X will cost 60 rupees more than the commodity Y, then

320 + 60p = 740 + 20p + 60
=> p = 12

So in year (2002 + 12 = 2014), commodity X will cost Rs.60 more than the commodity Y.

Report Error

View Answer Report Error Discuss

Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

2 5021
Q:

The following question consist of two words each that have a certain relationship to each other, followed by lettered pairs of words.Select the lettered pair that has the same relationship as the original pair of words.

Pedant  :  Erudition

A) Blunt : Politician B) Enemy : Friendly
C) Diplomat : Tactless D) Prude : Modesty
 
Answer & Explanation Answer: D) Prude : Modesty

Explanation:

A pedant is a person who makes a display of erudition ( scholarly learning). Similarly , a prude is a woman who makes display of modesty.

Report Error

View Answer Report Error Discuss

Filed Under: Analogy

9 5018
Q:

The office building needs repairing just as urgently as it needs internal as well as external painting

Assumptions:

1. Efficiency of people working in the office cannot be improved unless office building is reapaire

2. Repairing and painting of office building require funds

A) Only 1 is true B) Only 2 is true
C) Either 1 or 2 is true D) Neither 1 nor 2 is true
 
Answer & Explanation Answer: D) Neither 1 nor 2 is true

Explanation:

Nothing can be deduced regarding the effect of reapirs of office building on efficency of workers,or the requirement of funds for repairs,from the given statement.So,neither 1 nor 2 is true

Report Error

View Answer Report Error Discuss

Filed Under: Statement and Assumptions
Exam Prep: GRE

3 5017
Q:

What is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and half-yearly?

A) Rs. 1.80 B) Rs. 2.04
C) Rs. 3.18 D) Rs. 4.15
 
Answer & Explanation Answer: B) Rs. 2.04

Explanation:

Compound Interest for 1 12 years when interest is compounded yearly = Rs.(5304 - 5000)


Amount after 112 years when interest is compounded half-yearly 


Compound Interest for 1 12 years when interest is compounded half-yearly = Rs.(5306.04 - 5000)


Difference in the compound interests = (5306.04 - 5000) - (5304 - 5000)= 5306.04 - 5304 = Rs. 2.04

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

17 5016
Q:

One-third of the boys and one-half of the girls of a college participated in a sport. If the number of participating students is 300, out of which 100 are boys. What is the total number of students in the college ?

A) 550 B) 575
C) 625 D) 700
 
Answer & Explanation Answer: D) 700

Explanation:

Let number of boys = B

Number of girls = G

From the given data,

1B/3 + 1G/2 = 300

But given B/3 = 100

=> B = 300

G/2 = 300 - 100

G = 200 x 2

=> G = 400

Therefore, total number of students in the college = B + G = 700.

Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

10 5016
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.

Report Error

View Answer Report Error Discuss

Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

5 5013