Quantitative Aptitude - Arithmetic Ability Questions

Q:

What lump sum deposited today would allow payments of $2000/year for 7 years at 5% compounded annually?

A) 11572.71 B) 11876
C) 189756 D) 11576
 
Answer & Explanation Answer: A) 11572.71

Explanation:

 

 

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

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Filed Under: Compound Interest
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Q:

If x / y is an integer, which of the following statements need NOT always be true?

A) both x and y are integers B) only x is a integer
C) both are negative D) none
 
Answer & Explanation Answer: A) both x and y are integers

Explanation:

In case (A), x and y could, for example, both be equal fractions and x/y would be an integer.

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Filed Under: Numbers
Exam Prep: GRE

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Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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Filed Under: Simple Interest
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Q:

16 persons are participated in a party. In how many differentways can they host the seat in a circular table, if the 2particular persons are to be seated on either side of the host?

A) 16! × 2 B) 14! × 2
C) 18! × 2 D) 14!
 
Answer & Explanation Answer: B) 14! × 2

Explanation:

(16 – 2)! × 2 = 14! × 2

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Filed Under: Permutations and Combinations
Exam Prep: Bank Exams

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Q:

The ratio of Mohit’s and Sunil’s age at present is 7 : 9. Mohit is 4 years younger than Sunil. What will be the ratio of Mohit’s age and Sunil’s age after 6 years?

 

A) 5 : 6 B) 4 : 5
C) 6 : 7 D) 5 : 7
 
Answer & Explanation Answer: A) 5 : 6

Explanation:
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Filed Under: Problems on Ages
Exam Prep: Bank Exams
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12 3188
Q:

Twenty percent of Karthik’s monthly salary is equal to thirty two percent of Nikitha’s monthly salary. Vipin’s monthly salary is four fifth that of Nikitha’s monthly salary. If Vipin’s annual salary is Rs. 3.84 lakhs, what is Karthik’s monthly salary?

A) 32,000 B) 64,000
C) 40,000 D) 52,000
 
Answer & Explanation Answer: B) 64,000

Explanation:

From the given data,

20% of K = 32% of N

V = 4/5 N

 

Given Vipin's salary = 3.84 lpa = 3.84/12 = 32,000 per month

Now, N = 5/4 x 32000 = 40000

Now K = 32/20 x 40000 = 64000

 

Hence, karthik's monthly salary = Rs. 64000.

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Filed Under: Percentage
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10 3182
Q:

A shopkeeper has a job to print certain number of documents and there are three machines P, Q and R for this job. P can complete the job in 3 days, Q can complete the job in 4 days and R can complete the job in 6 days. How many days the shopkeeper will it take to complete the job if all the machines are used simultaneously ?

A) 4/3 days B) 2 days
C) 3/2 days D) 4 days
 
Answer & Explanation Answer: A) 4/3 days

Explanation:

Let the total number of documents to be printed be 12.

 The number of documents printed by P in 1 day = 4.

 The number of documents printed by Q in 1 day = 3.

 The number of documents printed by R in 1 day = 2.

 
Thus, the total number of documents that can be printed by all the machines working simultaneously in a single day = 9.

 

Therefore, the number of days taken to complete the whole work = 12/9 = 4/3 days.

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

4 3176
Q:

If 1st January 2013 was Wednesday, then what day of the week was it on 2nd January 2014?

A) Wednesday B) Thursday
C) Tuesday D) Friday
 
Answer & Explanation Answer: D) Friday

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

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