Exams Questions and Answers

Q:

If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ?

A) 3387.42	B) 4387.42
C) 5387.42	D) 6387.42

Answer & Explanation Answer: C) 5387.42

Explanation:

The mathematical formula for calculating compound interest depends on several factors. These factors include the amount of money deposited called the principal, the annual interest rate (in decimal form), the number of times the money is compounded per year, and the number of years the money is left in the bank.

$F V = p {(1 + \frac{r}{n})}^{n t}$

FV = Future value of the Deposit

p = Principal or Amount of Money deposited

r = Annual Interest Rate (in decimal form )

n = No of times compounded per year

t = time in years

$F V = 4000 {[1 + \frac{0.06}{4}]}^{4 (5)}$ = 5387.42

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

21 26410

Q:

Identify the diagram that best represents the relationship among the given classes.

Animal, Tiger, Vehicle, Car

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

7 26401

Q:

Choose the correct alternative from the given ones that will complete the series.

GON, JRQ, MUT, ?

A) NOG	B) PXW
C) JQR	D) TUM

Answer & Explanation Answer: B) PXW

Explanation:

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

0 26399

Q:

A man can row 6 kmph in still water. When the river is running at 1.2 kmph, it takes him 1 hour to row to a place and back. What is the total distance traveled by the man ?

A) 4.58 kms	B) 6.35 kms
C) 5.76 kms	D) 5.24 kms

Answer & Explanation Answer: C) 5.76 kms

Explanation:

Speed in still water = 6 kmph

Stream speed = 1.2 kmph

Down stream = 7.2 kmph

Up Stream = 4.8 kmph

x/7.2 + x/4.8 = 1

x = 2.88

Total Distance = 2.88 x 2 = 5.76 kms

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Filed Under: Boats and Streams
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

37 26386

Q:

In a certain coding language, iF GO = 32 & SHE = 49 then SOME will be equal to ?

A) 56	B) 58
C) 62	D) 64

Answer & Explanation Answer: A) 56

Explanation:

If we count letters till the end of the alphabet including that letter in reverse order then
Here the values are nothing but the values corresponding to the alphabets when taken in a reverse order,i.e,A=26 ,B=25...,Z=1
G = 20 and O = 12 totaling 32
S = 8, H = 19 and E = 22 totaling 49

So
SOME = 8 + 12 + 14 + 22 = 56.

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Filed Under: Coding and Decoding
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

102 26353

Q:

Refer the data and answer the question.

If the company has issued 6 lakh shares between its five partners and if Chinmay offers to sell 15000 of his shares to Ejaz, then Ejaz will have how many shares?

A) 300000 shares	B) 270000 shares
C) 285000 shares	D) 255000 shares

Answer & Explanation Answer: C) 285000 shares

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

0 26304

Q:

How many such digits are there in the number 7346285 which are as far away from the beginning of the number, as they will be when arranged in ascending order within the number?

A) None	B) one
C) Two	D) Three

Answer & Explanation Answer: C) Two

Explanation:

Given Number : 7346285

Ascending Number : 2345678

Answer is Two. Those digits are 3,4

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Filed Under: Number, Ranking and Time Sequence Test
Exam Prep: Bank Exams
Job Role: Bank PO

143 26204

Q:

Find the missing value denoted by '?'

3 : 243 :: 5 : ?

A) 625	B) 465
C) 3125	D) 425

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