Bank PO Questions and Answers with Explanation, Job Roles

Q:

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?

A) Rs. 660	B) Rs. 560
C) Rs. 1060	D) Rs. 960

Answer & Explanation Answer: D) Rs. 960

Explanation:

Let C.P. = Rs. C.
Then, 832 - C = C - 448
2C = 1280 => C = 640
Required S.P. = 150% of Rs. 640 = 150/100 x 640 = Rs. 960.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

48 24234

Q:

The term _____ designates equipment that might be added to a computer system to enhance its functionality

A) digital device	B) system add-on
C) disk pack	D) peripheral device

Answer & Explanation Answer: D) peripheral device

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams
Job Role: Bank PO

87 24159

Q:

Pointing to a photograph, a man said, "I have no brother or sister but that man’s father is my father’s son." Whose photograph was it?

A) His uncle's	B) His nephew's
C) His son's	D) His Cousin's

Answer & Explanation Answer: C) His son's

Explanation:

Since the narrator has no brother, his father’s son is he himself. So, the man who is talking is the father of the man in the photograph. Thus, the man in the photograph is his son.

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Filed Under: Blood Relations
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

43 24151

Q:

Without any stoppage, a person travels a certain distance at an average speed of 42 km/h, and with stoppages he covers the same distance at an average speed of 28 km/h. How many minutes per hour does he stop?

A) 15 minutes	B) 20 minutes
C) 18 minutes	D) 22 minutes

Answer & Explanation Answer: B) 20 minutes

Explanation:

Let the total distance to be covered is 84 kms.
Time taken to cover the distance without stoppage = 84/42 hrs = 2 hrs
Time taken to cover the distance with stoppage = 84/28 = 3 hrs.
Thus, he takes 60 minutes to cover the same distance with stoppage.
Therefore, in 1 hour he stops for 20 minutes.

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

27 24108

Q:

Solve the below puzzle

Complete the five words below in such a way that the two letters that end the first word also start the second word, and the two letters that end the second word also start the third word etc. The same two letters that end the fifth word also start the first word, to complete the cycle

** IV **
** OT **
** IC **
** NG **
** RA **

Answer

Given that the next word should start with the ending two letters of the previous word. From this,

The first word is

SHIVER

Now, the next word should start with ER and must contain OT in the middle.

EROTIC

Now, the next word should start with IC and must contain IC in the middle.

ICICLE

Now, the next word should start with LE and must contain NG in the middle.

LENGTH

Now, the next word should start with TH and must contain RA in the middle.

THRASH

Hence, the required five words are SHIVER, EROTIC, ICICLE, LENGTH, THRASH.

Workspace

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

144 23908

Q:

The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3:2 . what is the discount percentage?

A) 16.66%	B) 20%
C) 25%	D) 33.33%

Answer & Explanation Answer: A) 16.66%

Explanation:

CP : MP = 2x : 3x

=> Profit = x

( %) profit : (%) discount = 3:2

Let CP = 2000, SP = 300

But $\frac{3 x}{100} \times 200 + \frac{2 x}{100} \times 300 = 100$

=> x = 8.33%

Discount 2x = 16.66%

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

50 23881

Q:

The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

A) Rs.156.25	B) Rs.150
C) Rs.140	D) Rs125.25

Answer & Explanation Answer: A) Rs.156.25

Explanation:

Present Worth

= $\frac{P}{{(1 + \frac{R}{100})}^{2}}$

= $\frac{169}{{(1 + \frac{4}{100})}^{2}}$

= Rs.156.25

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

30 23875

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 23825

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