Quantitative Aptitude - Arithmetic Ability Questions

Q:

On a certain principal if the Simple interest for two years is Rs 3000 and Compound interest for the two years is Rs 3225, what is the rate of Interest?

A) 7.5 percent B) 30 percent
C) 15 percent D) 22.5 percent
 
Answer & Explanation Answer: C) 15 percent

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Filed Under: Simple Interest
Exam Prep: Bank Exams

3 2098
Q:

By increasing the price of entry ticket to a fair in the ratio 5:7, the number of visitors to the fair has decreased in the ratio 11:9. In what ratio has the total collection increased or decreased?

A) increased in the ratio 55:63 B) decreased in the ratio 63:55
C) increased in the ratio 45:77 D) decreased in the ratio 77:45
 
Answer & Explanation Answer: A) increased in the ratio 55:63

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0 2098
Q:

A sum of Rs. 1200 is lent to be paid back in 5 equal annual installments of Rs. 264 each. The rate of interest per annum is

A) 6% B) 8%
C) 2% D) 4%
 
Answer & Explanation Answer: C) 2%

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Filed Under: Simple Interest
Exam Prep: Bank Exams

3 2097
Q:

A bookseller bought 500 text books for  20,000. He wanted to sell them at a profit so that he get 50 books free. At what profit percent should he sell them?

A) 10 B) 20
C) 15 D) 10.5
 
Answer & Explanation Answer: A) 10

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

4 2097
Q:

A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of 950 gms, for each kilogram. His gain percentage is

A) 100/23% B) 100/19%
C) 100/17% D) 100/21%
 
Answer & Explanation Answer: B) 100/19%

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

2 2097
Q:

If 1/2 is added to a number and the sum is multipled by 3, the result is 21. Then the number is

A) 6.5 B) 5.5
C) 4.5 D) -6.5
 
Answer & Explanation Answer: A) 6.5

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Filed Under: Simplification
Exam Prep: Bank Exams

0 2097
Q:

What is the value of 1xp-q+1+1xq-p+1?

A) 0 B) 1
C) x D) cant determine
 
Answer & Explanation Answer: B) 1

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Filed Under: Simplification
Exam Prep: Bank Exams

0 2097
Q:

Two numbers whose sum is 84 can not be in the ratio

A) 5:7 B) 13:8
C) 1:3 D) 3:2
 
Answer & Explanation Answer: D) 3:2

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

2 2097