Quantitative Aptitude - Arithmetic Ability Questions

Q:

The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 1st year?

A) 50 B) 75
C) 100 D) 150
 
Answer & Explanation Answer: A) 50

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

A certain sum of money becomes 4 times of itself in 30 years at a rate of simple interest. In how many years it will become double of itself at the same rate of simple interest?

A) 20 B) 15
C) 10 D) 12
 
Answer & Explanation Answer: C) 10

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

The average of three numbers is 40. First number is 4/3 of the third number. If third number is 20 less than second number, then what is the value of second number?

A) 60 B) 50
C) 10 D) 20
 
Answer & Explanation Answer: B) 50

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Filed Under: Average
Exam Prep: Bank Exams

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Q:

Two labourers A and B are paid a total of Rs. 750 per day. If A is paid 150 percent of what is paid to B, how much (in Rs) is B paid?

A) 450 B) 250
C) 300 D) 500
 
Answer & Explanation Answer: C) 300

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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

A can do a piece of work in 10 days and B can do it in 12 days. They work together for 3 days. Then B leaves and A alone continues. 2 days after that C joins and the work is completed in 2 days more. In how many days can C do it, if he works alone ?

A) 30 days B) 50 days
C) 40 days D) 60 days
 
Answer & Explanation Answer: C) 40 days

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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

In a committee there are 25 members. If two members whose ages are 64 years and 40 years are replaced by the two new members, then average age of 25 members is decreased by 2 years. What is the average age (in years) of the new members?

 

A) 27 B) 32
C) 38 D) 44
 
Answer & Explanation Answer: A) 27

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

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Q:

If the standard deviation of a population is 10, what would be the population variance?

A) 100 B) 30
C) 5 D) 20
 
Answer & Explanation Answer: A) 100

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Filed Under: Probability
Exam Prep: Bank Exams

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Q:

Veer spends 15% of his monthly income on the house rent and 60% of the rest on household expenditure. If he saves Rs. 2210, what is his monthly income?

A) Rs. 8000 B) Rs. 7000
C) Rs. 7500 D) Rs. 6500
 
Answer & Explanation Answer: D) Rs. 6500

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Filed Under: Percentage
Exam Prep: Bank Exams , CAT

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