Bank PO Questions


Q:

There is 50% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate ?

A) Rs. 5422 B) Rs. 5489
C) Rs. 3972 D) Rs. 6145
 
Answer & Explanation Answer: C) Rs. 3972

Explanation:

Let p = Rs. 100.

Then, S.I is Rs. 50 and time = 5 years. 

 R = 100×50100×5= 10% p.a.

 

Now, p = Rs. 12,000 , T = 3 years and R = 10% p.a.


C.I. = Rs. 12000×1+101003-1= Rs. 3972

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Filed Under: Compound Interest
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
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7 9830
Q:

Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to
be repaid if he is repaying the entire amount at the end of 2 years?
I. The rate of interest is 5 p.c.p.a.
II. Simple interest fetched on the same amount in one year is Rs. 600.
III. The amount borrowed is 10 times the simple interest in 2 years.

A) .I only B) III only
C) I or II D) II and Either I or III only
 
Answer & Explanation Answer: D) II and Either I or III only

Explanation:

   I. gives, Rate = 5% p.a.

 

 II. gives, S.I. for 1 year = Rs. 600.

 

III. gives, sum = 10 x (S.I. for 2 years).

 


 Now I, and II give the sum.


 For this sum, C.I. and hence amount can be obtained.


 Thus, III is redundant.


 Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.


 Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.


Thus,Rate =100*12002*12000 =5%


Thus, C.I. for 2 years and therefore, amount can be obtained.


Thus, I is redundant.



Hence, I or III redundan
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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

5 9829
Q:

On a school’s Annual day sweets were to be equally distributed amongst 112 children. But on that particular day, 32 children were absent. Thus the remaining children got 6 extra sweets. How many sweets was each child originally supposed to get ?

A) 14 B) 16
C) 12 D) 15
 
Answer & Explanation Answer: D) 15

Explanation:

Let 'K' be the total number of sweets.
Given total number of students = 112
If sweets are distributed among 112 children,
Let number of sweets each student gets = 'L'

=> K/112 = L ....(1)
But on that day students absent = 32 => remaining = 112 - 32 = 80
Then, each student gets '6' sweets extra.

=> K/80 = L + 6 ....(2)
from (1) K = 112L substitute in (2), we get
112L = 80L + 480
32L = 480
L = 15

Therefore, 15 sweets were each student originally supposed to get.

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Filed Under: Average
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10 9807
Q:

Fa Hien visited india during the reign of

A) Harshavardhana B) Chandragupta Maurya
C) Ashoka D) Chandragupta Vikramaditya
 
Answer & Explanation Answer: D) Chandragupta Vikramaditya

Explanation:

Fahien came to India during the reign of Chandragupta Vikramaditya.

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Filed Under: Indian History
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9 9800
Q:

Succus Entericus is secreted by

A) Auerbach's plexus B) Peyers patches.
C) Brunner's glands D) Crypts of Lieberkuhn
 
Answer & Explanation Answer: D) Crypts of Lieberkuhn

Explanation:

Succus Entericus is the alkaline secretion produced by glands in the wall of the duodenum, consisting of water, mucoproteins, and hydrogencarbonate ions.

 

Succus Entericus is secreted by Crypts of Lieberkuhn.

 

It helps to counteract the highly acidic and proteolytic chyme entering the small intestine from the stomach, and thus protects the duodenum from damage.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT
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24 9797
Q:

If a man buys 1 lt of milk for Rs.12 and mixes it with 20% water and sells it for Rs.15, then what is the percentage of gain ?

A) 25% B) 30%
C) 17% D) 19%
 
Answer & Explanation Answer: A) 25%

Explanation:

He has gain = 15 - 12 = 3,
Gain% = (3/12) x 100 = (100/4) = 25.
He has 25% gain.

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Filed Under: Alligation or Mixture
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17 9796
Q:

The intensity of Earthquakes is measured on

A) Richter scale B) Secant scale
C) Mercalli scale D) Beaufort scale
 
Answer & Explanation Answer: C) Mercalli scale

Explanation:

The intensity of Earthquakes is measured on Mercalli scale.

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Filed Under: General Science
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31 9776
Q:

Light : Blind

A) Tongue : Sound B) Voice : Vibration
C) Language : Deaf D) Speech : Dumb
 
Answer & Explanation Answer: D) Speech : Dumb

Explanation:

Here the two pair of words related in such a way that, a blind can't see the light. Similarly, a dumb cannot speech.

 

Hence, Light : Blind :: Speech : Dumb.

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Filed Under: Analogy
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8 9767