Quantitative Aptitude - Arithmetic Ability Questions

Q:

A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan is due in seven months

A) 15612.50 B) 14612.50
C) 13612.50 D) 17612.50
 
Answer & Explanation Answer: A) 15612.50

Explanation:

We have P = 15 000, r = 0.07 and since the actual date the loan was taken out
is not given, we use t =7/12

I = Prt=$15 000* 0.07* 7/12 = $612.50

Amount repaid = Future or accumulated value,

S = P + I = $15 000 + $612.50 = $15 612.50

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Filed Under: Simple Interest
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Q:

Townbank offers a term deposit account paying investors 12.5% p.a. simple interest on investments over $100 000 for 2 years or more. Peta decides to invest $150 000 in this account for 2 years. How much interest will Peta earn at the end of the investment?

A) 57500 B) 47500
C) 37500 D) 67500
 
Answer & Explanation Answer: C) 37500

Explanation:

I = (p x t x r)/100

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Q:

The average of the ages of Sushanth, Krish and Rishi is 43 years and the average of the ages of Sushanth, Rishi and Rohit is 49 years. If Rohit is 54 years old, what is Krish's age ?

A) 34 years B) 26 years
C) 24 years D) 36 years
 
Answer & Explanation Answer: D) 36 years

Explanation:

Let present ages of Sushanth = w, Krish = x, Rishi = y and Rohit = z , then
w + x + y = 43 x 3 = 129 ---(i) and
w + y + z = 49 x 3 = 147 ---(ii)
Subtracting (i) from (ii), (w+y+z) - (w+x+y) = 147 - 129 , z - x = 18 ---(iii)
Given Rohit's age=z=54, so from (iii), x = 54 - 18 = 36.
Therefore, Krish age is 36 years.

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Filed Under: Problems on Ages
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Q:

In a business, A invested 1200 rs. more than B. B invested his amount for 15 months while A invested for 4 months more than that of B. If total profit was 1240 rs. in which the profit of B is 280 Rs. less than that if A. then what was the invested amount of A?

A) 6000 B) 7000
C) 5000 D) 8000
 
Answer & Explanation Answer: A) 6000

Explanation:

Ans. 
Let B’s investment = x rs.
∴ A’s investment =( x + 1200) rs.
Ratio of the profits of A and B = (x+1200)*(15+4):x*15 = {19(x+1200)}:15x
Now,let the total profit of A =y
∴ total profit of B = (y-280)
But total profit = 1240
⇒y+(y-280)=1240
⇒2y=1520
⇒y= 760
∴profit of A = 760rs.
Profit of B = 760-280=480 rs.
Ratio of profits= 760:480 = 19:12
According to the question,

19(x+1200)/15x = 19/12

12x+14400 = 15x

⇒3x = 14400
⇒x = 4800 rs.
⇒investment of A = 4800+1200
                          = 6000 rs.

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

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Q:

The total cost of a washing machine with a toaster was Rs 10500. The toaster was sold at a profit of 22% and the washing machine at a loss of 12%. If the sale price was the same in both the items, then the cost price of the cheaper item was ______.

A) Rs 4100 B) Rs 3250
C) Rs 7100 D) Rs 4400
 
Answer & Explanation Answer: D) Rs 4400

Explanation:
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Filed Under: Profit and Loss
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Q:

If 78K928L is divisible by 6, then which of the following can Q and R take ?

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

Explanation:

As per divisibility rule a number is divisible by 6 means it should be divisible by 2 and 3

case 1 : the divisibility rule for 2 is the number should be end with even number
in this case R =2 & R=4


case 2 : The divisibility rule for 3 is the sum of numbers should be divisible by 3
so if we take option (2) Q=1 & R=4 the sum is 39
if we take option (3) Q=1 & R=2 the sum is 37

So Option (2) is correct 39 is divided by 3

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Filed Under: Problems on Numbers
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Q:

The ratio of two positive numbers is 3 : 5 and the average of the number is 48. What is the product of numbers?

A) 3365 B) 2160
C) 1854 D) 1632
 
Answer & Explanation Answer: B) 2160

Explanation:

Let the number be 3p and 5p

ATQ,

8p = 2 x 48

p = 96/8

p = 12

 

The numbers are 36 and 60.

 

Hence, the product of the numbers = 36 x 60 = 2160.

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Q:

A goods truck travels from a place at a certain time and at fixed speed. After 6hrs another truck leaves the same place and move in same direction of uniform speed of 90kmph. The truck catches up the goods truck in 4hrs. Find the speed of the goods truck ?

A) 36 kmph B) 32 kmph
C) 28 kmph D) 34 kmph
 
Answer & Explanation Answer: A) 36 kmph

Explanation:

Let the speed of goods truck be 'p' kmph
Distance covered by goods truck in 10hrs (4+6) = Distance covered by other truck in 4 hrs.
10p = 4 x 90
p = 36kmph.
Therefore, the speed of the goods truck is p = 36 kmph.

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Filed Under: Time and Distance
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