Bank PO Questions


Q:

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate

A) Rs.4972 B) Rs.3972
C) Rs.5972 D) Rs.2972
 
Answer & Explanation Answer: B) Rs.3972

Explanation:

 

Let P = Rs. 100. Then, S.I. Rs. 60 and T = 6 years.

 

R=100*60100*6 =10% p.a

 

Now, P = Rs. 12000. 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: Bank Exams
Job Role: Bank PO

52 43715
Q:

Storage capacity of magnetic disk depends on

A) disk pack in disk surface B) tracks per inch of surface
C) bits per inch of tracks D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Magnetic disk is a kind of data storage device. Storage capacity of magnetic disk depends on 

1. tracks per inch of surface

2. bits per inch of tracks

3. disk pack in disk surface

 

It can be shown as ::

 

magnetic_disc1532069041.jpg image

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136 43664
Q:

Find the odd man out of the following number series?

49, 81, 121, 169, 196, 225

A) 81 B) 121
C) 196 D) 225
 
Answer & Explanation Answer: C) 196

Explanation:

Here in the given number series 49, 81, 121, 169, 196, 225

 

Except 196 all others are squares of odd numbers, whereas 196 is a square of 14 which is an even number.

 

Hence, the odd man in the given number series is 196.

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Filed Under: Odd Man Out
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

1 43653
Q:

The difference between compound interest and simple interest on a sum for two years at 8% per annum, where the interest is compounded annually is Rs.16. if the interest were compounded half yearly , the difference in two interests would be nearly

A) Rs.24.64 B) Rs.21.85
C) Rs.16 D) Rs.16.80
 
Answer & Explanation Answer: A) Rs.24.64

Explanation:

For 1st year S.I =C.I.

 

Thus, Rs.16 is the S.I. on S.I. for 1 year, which at 8% is thus Rs.200

 

i.e S.I on the principal for 1 year is Rs.200

 

Principle = Rs.100*2008*1 = Rs.2500

 

Amount for 2 years, compounded half-yearly

 Rs.2500*1+41004=Rs.2924.4

 

C.I = Rs.424.64

 

Also, S.I=Rs.2500*8*2100=Rs.400

 

Hence, [(C.I) - (S.I)] = Rs. (424.64 - 400) = Rs.24.64

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

121 43622
Q:

Which state is in the eastern most state of India

A) Assam B) Nagaland
C) Arunachal Pradesh D) Manipur
 
Answer & Explanation Answer: C) Arunachal Pradesh

Explanation:

Arunachal Pradesh is the eastern most state of India.

Which_state_is_in_the_eastern_most_state_of_India1536034869.jpg image

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

172 43619
Q:

What has teeth but cannot bite?

A) Comb B) Saw
C) Zipper D) Gear
 
Answer & Explanation Answer: A) Comb

Explanation:

Saw, Zipper and Gear have teeth but can bite us. Comb have teeth but cannot bite.

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124 43259
Q:

In the following number series only one number is wrong. Find out the wrong number ?

6, 15, 35, 63, 143, 221, 323

A) 143 B) 63
C) 323 D) 35
 
Answer & Explanation Answer: B) 63

Explanation:

Here the series follows the pattern that, product of succesive prime numbers i.e,

 2 × 3 = 6

 3 × 5 = 15

 5 × 7 = 35

 7 × 11 = 77

 11 × 13 = 143

 13 × 17 = 221

 17 × 19 = 323

So here in place of 77 the number 63 is written.

So the wrong number is 63.

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Filed Under: Odd Man Out
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

7 43242
Q:

What is 90 days from today?

 

Hints : Today is 20th January 2017, Sunday

A) 18th April, Friday B) 20th April, Saturday
C) 21th April, Sunday D) 19th April, Saturday
 
Answer & Explanation Answer: B) 20th April, Saturday

Explanation:

Given Today is 20th January 2017, Sunday

In january, we have 31 days

February - 28 days (Non leap year)

March - 31 days

April - 30 days

=> Remaining days => 31 - 20 = 11 in Jan

+ 28 in Feb + 31 in Mar = 11 + 28 + 31 = 70 days

More 20 days to complete 90 days => upto 20th April

 

Therefore, after 90 days from today i.e, 20th Jan 2017 is 20th Apr 2017.

 

Now, the day of the week will be 

90/7 => Remainder '6'

As the day starts with '0' on sunday 

6 => Saturday.

 

Required day is 20th April, Saturday.

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

49 43200