Bank PO Questions


Q:

If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.

A) 1261 B) 1271
C) 1281 D) 1291
 
Answer & Explanation Answer: A) 1261

Explanation:

Clearly, Rate = 5% p.a., Time = 3 years, S.I.= Rs. 1200. . .
So principal=RS [100*1200]/3*5=RS 8000
Amount = Rs. 8000 x [1 +5/100]^3 - = Rs. 9261.
.. C.I. = Rs. (9261 - 8000) = Rs. 1261.

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

89 42344
Q:

A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.

A) Rs.4000 B) Rs.9000
C) Rs.5000 D) Rs.6000
 
Answer & Explanation Answer: D) Rs.6000

Explanation:

Let sum = P and original rate = R. Then

[(P * (R+2) * 3)/100] - [ (P * R * 3)/100] = 360

3P*(R+2) - 3PR = 36000

3PR + 6P - 3PR = 36000

6P = 36000

P = 6000

 

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Filed Under: Simple Interest
Exam Prep: GRE
Job Role: Bank PO

70 41768
Q:

Modern : Antiquated :: Weak : ?

A) Strong B) Fragile
C) Inadequate D) Puny
 
Answer & Explanation Answer: A) Strong

Explanation:

Modern is used to refer to something new whereas antiquated is used with respect to something old.

In other words, both terms are the opposite of each other.


From the above analysis, the missing word should be a word that represents the opposite of weak. Strong is used to with great influence. Therefore, the apt word is strong or any synonym of strong like potent, powerful, keen,...

 

Hence, Modern : Antiquated :: Weak : Strong.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

27 41674
Q:

Ian has 14 boxes of paper and divides them evenly between 4 coworkers. How many whole boxes did each coworker get?

A) 2 B) 2.5
C) 3 D) 3.5
 
Answer & Explanation Answer: C) 3

Explanation:

Given number of boxes = 14

Number of workers = 4

Now, number of whole boxes per worker = 14/4 = 3.5 

Hence, number of whole boxes per each coworker = 3

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

28 41630
Q:

Thread is to String as Cask is to

A) Barrel B) Disc
C) Wallet D) Box
 
Answer & Explanation Answer: A) Barrel

Explanation:

Here Thread and String are Synonyms of each other. Then the answer will be the synonym of Cask. 

  • Cask is nothing but a large barrel-like container used for storing liquids, typically alcoholic drinks. 

Ex : Drum, Vessel, Tank, Barrel, Hogshead, Firkin,...

 

  • Here from the options Barrel is the only synonym of Cask.

 

Thus,  Thread : String :: Cask : Barrel

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

45 41177
Q:

3 men, 4 women and 6 children can complete a work in 7 days. A woman does double the work a man does and a child does half the work a man does. How many women alone can complete this work in 7 days  ?

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

Explanation:

Let 1 woman's 1 day work = x.

Then, 1 man's 1 day work = x/2 and 1 child's 1 day work  x/4.

So, (3x/2 + 4x + + 6x/4) = 1/7

28x/4 = 1/7 => x = 1/49

1 woman alone can complete the work in 49 days.

So, to complete the work in 7 days, number of women required = 49/7 = 7.

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

94 41028
Q:

What is the difference between the compound interests on Rs. 5000 for 1 1/2  years at 4% per annum compounded yearly and half-yearly?

A) 2.04 B) 3.04
C) 4.04 D) 5.04
 
Answer & Explanation Answer: A) 2.04

Explanation:

C.I. when interest
compounded yearly=rs.[5000*(1+4/100)(1+1/2*4/100)]

= Rs. 5304.

C.I. when interest is
compounded half-yearly=rs.5000(1+2/100)^3

= Rs. 5306.04
Difference = Rs. (5306.04 - 5304) = Rs. 2.04

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

34 40944
Q:

Find out how will the key figure (X) look like after rotation.

              441484720493.png image

4411484720512.png image

A) 2 B) 3
C) 1 D) 4
 
Answer & Explanation Answer: B) 3

Explanation:
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Filed Under: Image Analysis
Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

11 40899