Bank PO Questions


Q:

A shopkeeper gives 20% discount on the marked price of a book. He provides 1 pair of books free with the sale of 9 pair of books. In the whole transaction, he gets profit of 26%. Find the percentage increase in marked price from the cost price.

A) 35% B) 65%
C) 75% D) 26%
 
Answer & Explanation Answer: C) 75%

Explanation:

Given,Let the cost price of single book be Rs. 100.

The cost price of (9 + 1) = 10 pair i.e. 20 books = Rs. (100 × 20) = Rs. 2000.He gets profit of 26%.

So, the selling price of 9 pair i.e. 18 books = Rs. 2000 × (126/100) = Rs. 2520

Then,the selling price of single book = Rs. 2520/18 = Rs. 140

He gives 20% discount on the marked price of a book.

That means, when the selling price is Rs. 80 then the marked price is Rs. 100.

∴When the selling price of single book is Rs. 140, the marked price = Rs. 140 × (100/80) = Rs. 175

∴The percentage increase in marked price from the cost price = (175 –100)% = 75%

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Filed Under: Profit and Loss
Exam Prep: Bank Exams
Job Role: Bank PO , Bank Clerk

7 6515
Q:

Twelve percent of Kalyan's monthly salary is equal to the sixteen per cent of Nandu's monthly salary. Sarnesh's monthly salary is half that of Nandu's monthly salary. If sarnesh's annual salary is Rs. 1.08 lacs, What is Kalyan's monthly salary ?

A) 15,000 B) 36,000
C) 24,000 D) 12,500
 
Answer & Explanation Answer: C) 24,000

Explanation:

Let K = Kalyan's monthly salary
N = Nandu's monthly salary
S = Sarnesh's monthly salary.
Then from given data,
12% of K = 16% of N
S = N/2 => N = 2S
K = 16/12 x N = 16/12 x 2S
= 16/6 x 1.08/12 = 16/6 x 0.09 = 0.24 lacs = 24,000

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

4 6514
Q:

Rajitha invested 25% more than Santhosh. Santhosh invested 30% less than Raju, who invested Rs. 6,000. What is the ratio of the amount that Rajitha invested to the total amount invested by all of them together ?

A) 25 : 114 B) 35 : 103
C) 15 : 108 D) 41 : 94
 
Answer & Explanation Answer: B) 35 : 103

Explanation:

Santhosh's investment = 6000 x 70/100 = Rs.4200
Rajitha's investment = 4200 x 5/4 = Rs.5250
Therefore, total amount invested = 6000 + 4200 + 5250 = Rs.15450.
Required ratio = 5250 : 15450 = 35 : 103.

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

5 6512
Q:

A, B and C started a company where their initial investments was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit of the company ?

A) Rs. 9500 B) Rs. 10600
C) Rs. 7500 D) Rs. 8900
 
Answer & Explanation Answer: A) Rs. 9500

Explanation:

Given initial investments ratio = 2 : 3 : 4

At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment

i.e, upto 6 months A's investment is 2 and after 6 months his invstment is 3 = B's investment

Now, Ratio of investment for one year

=> A : B : C = (2×6 + 3×6) : (3×12) : (4×12)

= 30 : 36 : 48

= 5 : 6 : 8

But given B's profit = 3000

=> 6 ratio = 3000

For total => 19 ratio = Rs. 9500.

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Filed Under: Partnership
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

7 6511
Q:

F12 key is known as

A) Company Configuration B) Accounting Features
C) Company Features D) All of the above
 
Answer & Explanation Answer: A) Company Configuration

Explanation:

The F1, F2 to F12 keys that are found on the top row of most computer keyboards are called as Function Keys. Unless you've witnessed the evolution of computers from their early days, you probably don't know why they were invented and for what.
Function keys were used by various computer programs to fulfill various functions.

F12 - It is used by many web browsers to open the developer tools.

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

14 6510
Q:

The length of a brigade which a train 130 m long and traveling at 45kmph can cross in 30 seconds, is 

A) 196 mts B) 220 mts
C) 230 mts D) 245 mts
 
Answer & Explanation Answer: D) 245 mts

Explanation:

Let the length of the brigade is x mts
Then Distance = 130 + x mts
given speed = 45 kmph = 45 x5/18 m/s
Time = 30 sec
T = D/S
=> 30 = 130+x/(45x5/18)
=> x = 245 mts.

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Filed Under: Problems on Trains
Exam Prep: Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

5 6497
Q:

The arithmetic mean of the following numbers 1, 2, 2, 3, 3, 3, 4, 4, 4, 4, 5, 5, 5, 5, 5, 6, 6, 6, 6, 6, 6 and 7, 7, 7, 7, 7, 7, 7 is   ?

A) 6 B) 9
C) 7 D) 5
 
Answer & Explanation Answer: D) 5

Explanation:

Arithmatic mean = sum/members 

=> (1x1 + 2x2 + 3x3 + 4x4 + 5x5 + 6x6 + 7x7) / (1 + 2 + 3 + 4 + 5 + 6 + 7)

=> 140/28 = 5

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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4 6493
Q:

A circular piece of thin wire is converted into a rhombus of side 11 cm. Find the diameter of the circular piece?

A) 28 cm B) 3.5 cm
C) 7 cm D) 14 cm
 
Answer & Explanation Answer: D) 14 cm

Explanation:

Circular piece is 4 x 11 = 44 cm long,

Then Circumference of circle is given by,

44 = pi x D, where D is the diameter

D = 44 / pi

Take pi = 22 / 7, then

D = 44 / (22/7) = (44 x 7) / 22

D = 14 cm.

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Filed Under: Area
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

24 6491