Quantitative Aptitude - Arithmetic Ability Questions

Q:

A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.  What is the monthly instalment?

A) $503 B) $504
C) $505 D) %506
 
Answer & Explanation Answer: B) $504

Explanation:

Cash price = $21 000

Deposit = 10% × $21 000 = $2100 

Loan amount = $21000 − $2100 = $18900

I=p x r x t/100 

I=11340

Total amount = 18900 + 11340 = $30240

Regular payment = total amount /number of payments

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

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Q:

A sum of Rs. 8,000 is deposited for 3 years at 5% per annum compound interest (compounded annually). The difference of interest for 3 years and 2 years will be

 

A) Rs. 387 B) Rs. 441
C) Rs. 469 D) Rs. 503
 
Answer & Explanation Answer: B) Rs. 441

Explanation:

Given principal amount = Rs. 8000

Time = 3yrs

Rate = 5%

C.I for 3 yrs = 8000 x 105100 x 105100 x 105100 - 8000= Rs. 1261

 

Now, C.I for 2 yrs = 8000 x 105100 x 105100= Rs. 820 

 

Hence, the required difference in C.I is 1261 - 820 = Rs. 441

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Q:

There are 209 doctors and nurses in a hospital. If the ratio of the doctors to the nurses is 11 : 8, then how many nurses are there in the hospital?

A) 88 B) 96
C) 108 D) 121
 
Answer & Explanation Answer: A) 88

Explanation:

Given,
The ratio of the doctors to the nurses is 11 : 8
Number of nurses = 8/19 x 209 = 88.

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Q:

Two trains start from same place at same time at right angles to each other. Their speeds are 36km/hr and 48km/hr respectively. After 30 seconds the distance between them will be ?

A) 900 mts B) 300 mts
C) 250 mts D) 500 mts
 
Answer & Explanation Answer: D) 500 mts

Explanation:

Using pythagarous theorem,
distance travelled by first train = 36x5/18x30 = 300m
distance travelled by second train = 48x5/18x30 = 400m
so distance between them =√( 90000 + 160000) = √250000 = 500mts.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

8 6281
Q:

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is

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

Explanation:

S.I. = Rs.(1200*10*1)/100=rs.120

C.I. =rs[1200*(1+5/100)2-1200]=rs.123

Difference = Rs.(123-120) =Rs.3

 

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

1 6278
Q:

Solve the equation 122x+1 = 1 ?

A) -1/2 B) 1/2
C) 1 D) -1
 
Answer & Explanation Answer: A) -1/2

Explanation:

Rewrite equation as 122x+1 = 120

 

Leads to 2x + 1 = 0 

 

Solve for x : x = -1/2

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Filed Under: Logarithms
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
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37 6266
Q:

If three eighth of a number is 141. What will be the approximately value of 32.08% of this number ?

A) 101 B) 112
C) 104 D) 120
 
Answer & Explanation Answer: D) 120

Explanation:

K x 3/8 = 141 => K = 376

376 x 32.08/100 = 120

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Filed Under: Percentage
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5 6262
Q:

If sum of three consecutive numbers is 42 . What will the sum of the digits of middle number .

Answer

Let the numbers be x, x+1, x+2 


Then x + x+1 + x+2 = 42


           =>  3x + 3 = 42


           => 3x = 39 


          =>  x = 13


 


The numbers would be 13, 14, 15 


Therefore, Sum of the digits of middle number = 1+4 = 5

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