Bank PO Questions


Q:

What annual payment will discharge a debt of Rs.7620 due in 3years at1623 % per annum interest?

A) 5430 B) 4430
C) 3430 D) 2430
 
Answer & Explanation Answer: C) 3430

Explanation:

Let each installment be Rs.x. Then, 

(P.W. of Rs.x due 1 year hence) + (P.W of Rs.x due 2 years hence) + (P.W of Rs. X due 3 years hence) = 7620.

 

x1+503x100+x1 +503x1002+x1 +503x1003 = 7620

 

 6x7+36x49+216x343=7620

 

 294x + 252x + 216x = 7620 x 343

 

 => x = 3430

 

 Amount of each installment = Rs.3430

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

78 26543
Q:

If goods be purchased for Rs.450 and 1/3 is sold at a loss of 10%. At what gain % should the remainder is sold to has to gain 20% on the whole transaction?

A) 35% B) 28%
C) 22% D) 19%
 
Answer & Explanation Answer: A) 35%

Explanation:

Given the cost price of the articles = Rs. 450

To get overall 20% gain,

Total Selling Price = (20/100) x 450 = 540


One third of the CP = 1/3 x 450 = Rs. 150

But given 1/3 of articles are sold at 10% loss

S.P of 1/3 of articles = 90% of 150

= 90 x 150/100 = 135

 

Then, S.P on remaining 2/3 goods must be

= 450 - 135 = 405 ...........(1)

CP on remaining goods

= 2/3 x 450 = 300 ............(2)


Profit = SP - CP = 405 - 300 = 105


Profit %  = (105/300) x 100

= 35%.

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

45 26491
Q:

Pointing to a woman, a man said, "Her father is the only son of my father." How is the man related to the woman?

A) Father B) Brother
C) Uncle D) Brother-in-law
 
Answer & Explanation Answer: B) Brother

Explanation:

The man said, "Her father is the only son of my father."

Then the woman's father and the man's is the same

=> The woman and the man are brother and sisters.

 

Hence, the man is the brother of the woman.

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

58 26462
Q:

The area of a circular field is 13.86 hectares. Find the cost of fencing it at the rate of Rs. 4.40 per metre.

A) 2808 B) 3808
C) 4808 D) 5808
 
Answer & Explanation Answer: D) 5808

Explanation:

Area = (13.86 x 10000) sq.m = 138600 sq.m

 

πR2=138600R2=138600×722R=210m 

 

Circumference = 2πR2=2×227×210=1320m 

 

Cost of fencing = Rs. (1320 x 4.40) = Rs. 5808.

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

24 26362
Q:

A rectangular plot measuring 90 meters by 50 meters is to be enclosed by wire fencing. If the poles of the fence are kept 5 meters apart. How many poles will be needed?

A) 65m B) 45m
C) 55m D) 56m
 
Answer & Explanation Answer: D) 56m

Explanation:

perimeter of the plot = 2(90+50) = 280m
no of poles =280/5 =56m

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

19 26290
Q:

In a mixture of milk and water the proportion of water by weight was 75%. If in 60 gm of mixture 15 gm water was added, what would be the percentage of water ? (Weight in gm)

A) 80% B) 70%
C) 75% D) 62%
 
Answer & Explanation Answer: A) 80%

Explanation:

Water in 60 gm mixture=60 x 75/100 = 45 gm. and Milk = 15 gm.

 

After adding 15 gm. of water in mixture, total water = 45 + 15 = 60 gm and weight of a mixture = 60 + 15 = 75 gm.

 

So % of water = 100 x 60/75 = 80%.

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

40 26282
Q:

The current of a stream at 1 kmph. A motor boat goes 35 km upstream and back to the starting point in 12 hours. The speed of the motor boat in still water is ?

A) 8 kmph B) 6 kmph
C) 7.5 kmph D) 5.5 kmph
 
Answer & Explanation Answer: B) 6 kmph

Explanation:

Speed of the stream = 1
Motor boat speed in still water be = x kmph
Down Stream = x + 1 kmph
Up Stream = x - 1 kmph
[35/(x + 1)] + [35/(x - 1)] = 12
x = 6 kmph

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

70 26242
Q:

What is the least number of squares tiles required to pave the floor of a room 15.17 m long and 9.02 m broad?

A) 814 B) 714
C) 614 D) 713
 
Answer & Explanation Answer: A) 814

Explanation:

Length of largest tile = H.C.F. of 1517 cm and 902 cm = 41 cm. 

Area of each tile = 41×41cm2  

Required number of tiles  = 1517×90241×41= 814

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

26 26106