Quantitative Aptitude - Arithmetic Ability Questions

Q:

Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?

A) 16% B) 14.5%
C) 12% D) 10.5%
 
Answer & Explanation Answer: A) 16%

Explanation:

Let cost of each cell phone = Rs.100 & Sale = 100 phones.

Money receipt = Rs.(100 x 100) = Rs.10,000

New cost per cellphone = Rs.120 and New sale = 70 phones

New Money Receipt = Rs.(70 x 120) = Rs.8400

Then the effect of sales = decrease in money receipt = 

160010000 x 100 = 16%.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

14 4026
Q:

Sharan and Mayukh, working together, can complete a task in 18 days. However, Mayukh works alone and leaves after completing 1/3 of the task. Then, Sharan takes over and completees the remaining work by himself. As a result, the duo could complete the task in 40 days. How many days would Sharan alone have taken to do the job if Mayuk' had worked faster than Sharan ?

A) 24 B) 45
C) 72 D) 30
 
Answer & Explanation Answer: B) 45

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Time and Work
Exam Prep: Bank Exams

16 4017
Q:

A sum of Rs. 10,000 is lent partly at 6% and the remaining at 10% p.a. If the yearly interest on the average is 9.2%, the money lent at 10% is:-

A) Rs. 8000 B) Rs. 8500
C) Rs. 5000 D) Rs. 2000
 
Answer & Explanation Answer: A) Rs. 8000

Explanation:

Let the amount at 6% be x
Amount at 10% be (10000 –x)
At 9.2 % interest, SI = 10000 X 9.2 X 1/100 = 920
Amount = 10920
⇒ 6x/100 + (10000 – x)10/100 = 920
⇒ 6x – 10x + 100000 = 92000
⇒ 4x = 8000
⇒ x = 2000
Money lent at 10 % = 10000 – 2000 = 8000

Report Error

View Answer Report Error Discuss

Filed Under: Simple Interest
Exam Prep: Bank Exams

4 4016
Q:

Manisha went to shop with certain amount, with which she can buy 50 Chacobar or 40 Fivestar. She uses 10% amount for petrol and out of the remaining balance, she purchases 20 Fivestar and some Chacobar. Find the number of Chacobar she can buy?

A) 20 B) 24
C) 26 D) 28
 
Answer & Explanation Answer: A) 20

Explanation:

Let the total amount be 200 {L.C.M of 40 and 50}

Chacobar C.P. = 200/50 = 4

Fivestar C.P = 200/40 = 5

Remaining Money after petrol = [200 - 200×10%] = 180

Remaining money after buying fivestars = [180 - 20×5] = 80

So number of Chacobar she can buy = 80/4 = 20

Report Error

View Answer Report Error Discuss

17 4005
Q:

A, B & C started a business and invested in the ratio 7:6:5. Next Year, they increased their investment by 25%, 20% and 15%, respectively. In what ratio should profit earned only during 2ndyear be distributed?

A) 155:144:175 B) 155:124:95
C) 135:147:152 D) 175:144:115
 
Answer & Explanation Answer: D) 175:144:115

Explanation:

Let A’s investment be= 7a
Let B’s investment be= 6a
Let C’s investment be= 5a
Their investment in 2ndyear:= (125% of 7a): (120% of 6a) : (115% of 5a) = 175 : 144 : 115

Report Error

View Answer Report Error Discuss

Filed Under: Partnership
Exam Prep: Bank Exams
Job Role: Bank PO , Bank Clerk

3 4000
Q:

Kashundra Jones plans to make a lump sum deposit so that she can withdraw $3,000 at the end of each quarter for 10 years. Find the lump sum if the money earns 10% per year compounded quarterly

A) 75263.64 B) 76345
C) 76389 D) 56897
 
Answer & Explanation Answer: A) 75263.64

Explanation:

 

 

A=R[(1+i)^n-1]/i(1+i)^n

Report Error

View Answer Report Error Discuss

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

0 4000
Q:

What is the difference in the shares of profit between P and Q in a joint business at the end of one year ?

a. P Invested Rs. 80,000 and withdrew Rs. 20,000 after 6 months.

b. Q joined four months after the start of business.

c. Q's amount was 80% of P's amount during the last six months.

A) Only a B) Only c
C) Both a & b D) Data is not sufficient
 
Answer & Explanation Answer: D) Data is not sufficient

Explanation:

a. P's investment = (80000 x 6 + 60000 x 6) = 840000 for 1 month.

b & c. Q's investment = 80% of Rs. 60000 for 8 months.

= Rs.(48000 x 8) for 1 month = 384000 for 1 month

P : Q = 840000 : 384000 = 35 : 16.

But, the total profit is not given, so data is inadequate.

Report Error

View Answer Report Error Discuss

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

2 3996
Q:

Marked price of an article is 1600 Rs. more than the cost price. When the same article is sold at a discount of Rs. 500 then the percent profit earned is 25%. For earning a profit of 30%, the article should be sold at what price?

A) 5740 B) 5720
C) 5620 D) 5730
 
Answer & Explanation Answer: B) 5720

Explanation:

Ans. B.
According to the question ,
Marked Price = 1600 + Cost price - (i)
MP – 500 = 125/100 * CP - (ii)
MP = 5/4 CP + 500 - (ii)
4MP = 5CP + 2000 -(ii)
Solving (i) and (ii)
Cost Price = 4400
Now , the selling price
= 130/100 * 4400
= 5720

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , GATE

1 3995