Quantitative Aptitude - Arithmetic Ability Questions

Q:

The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 1st year?

A) 50 B) 75
C) 100 D) 150
 
Answer & Explanation Answer: A) 50

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

If a person bought an item for Rs. 60 and sold it at a profit of 25%, the selling price of the item would be

A) Rs. 84 B) Rs. 72
C) Rs. 75 D) Rs. 80
 
Answer & Explanation Answer: C) Rs. 75

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

The area of a rhombus having one side 10 cm and one diagonal 12 cm is

A) 48 cm2 B) 96 cm2
C) 144 cm2 D) 192 cm2
 
Answer & Explanation Answer: B) 96 cm2

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Filed Under: Area
Exam Prep: Bank Exams

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Q:

What will be the net discount (in percentage) for two successive discounts of 30% and 20%?

A) 50 B) 56
C) 44 D) 54
 
Answer & Explanation Answer: C) 44

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Filed Under: Percentage
Exam Prep: Bank Exams , CAT

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Q:

In ABC if the median AD=1/2 BC, then BAC is

A) 90° B) 45°
C) 60° D) 75°
 
Answer & Explanation Answer: A) 90°

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

Veer spends 15% of his monthly income on the house rent and 60% of the rest on household expenditure. If he saves Rs. 2210, what is his monthly income?

A) Rs. 8000 B) Rs. 7000
C) Rs. 7500 D) Rs. 6500
 
Answer & Explanation Answer: D) Rs. 6500

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Filed Under: Percentage
Exam Prep: Bank Exams , CAT

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Q:

In a committee there are 25 members. If two members whose ages are 64 years and 40 years are replaced by the two new members, then average age of 25 members is decreased by 2 years. What is the average age (in years) of the new members?

 

A) 27 B) 32
C) 38 D) 44
 
Answer & Explanation Answer: A) 27

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

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Q:

A certain sum of money becomes 4 times of itself in 30 years at a rate of simple interest. In how many years it will become double of itself at the same rate of simple interest?

A) 20 B) 15
C) 10 D) 12
 
Answer & Explanation Answer: C) 10

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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