Bank Exams Practice Question and Answer
8Q: What will be the ratio of simple interest earned by certain amount at the same rate of interestfor 4 years and 6 years ? 1212 05b5cc767e4d2b4197774fe15
5b5cc767e4d2b4197774fe15- 11:2false
- 22:1false
- 32:3true
- 43:2false
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Answer : 3. "2:3"
Explanation :
Answer: C) 2:3 Explanation: Let p be the principle amount And R% be the rate of interest Then, required ratio =P×4×R100P×6×R100 ⇒4PR6PR= 2:3
Q: If the rate increases by 2%, the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs.180. The sum is ? 2952 05b5cc767e4d2b4197774fe0b
5b5cc767e4d2b4197774fe0b- 1Rs. 540false
- 2Rs. 415false
- 3Rs. 404false
- 4Data is not sufficienttrue
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Answer : 4. "Data is not sufficient"
Explanation :
Answer: D) Data is not sufficient Explanation: Let the sum be Rs. p, rate be R% p.a. and time be T years. Then, P×T×(R+2)100-P×T×R100=108 ⇒2PT= 10800 ...... (1) And, P×R×(T+2)100-P×R×T100=180 ⇒2PR = 18000 ......(2) Clearly, from (1) and (2), we cannot find the value of pSo, the data is not sufficient.
Q: Question : What is the sum which earned interest ? Statements : a. The total simple interest was Rs. 9000 after 9 years.b. The total of sum and simple interest was double of the sum after 6 years. 1008 05b5cc767e4d2b4197774fe10
5b5cc767e4d2b4197774fe10- 1Only a is sufficientfalse
- 2Neither a nor b is sufficientfalse
- 3Only b is sufficientfalse
- 4Both a and b sufficienttrue
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Answer : 4. "Both a and b sufficient"
Explanation :
Answer: D) Both a and b sufficient Explanation: Let the sum be Rs. x a. gives, S.I = Rs. 9000 and time = 9 years. b. gives, Sum + S.I for 6 years = 2 x Sum --> Sum = S.I for 6 years. Now, S.I for 9 years = Rs. 9000 S.I for 1 year = Rs. 9000/9 = Rs. 1000. S.I for 6 years = Rs. (1000 x 6)= Rs. 6000. --> x = Rs. 6000 Thus, both a and b are necessary to answer the question.
Q: Statement: It is estimated that about twenty lakh people will visit the city during the ensuing festival.Courses of action:a. The civic authority should monitor the crowd and restrict entry of the people beyond a manageable number.b. The local police authority should be put on high alert to maintain law and order during the festival.c. All the hospitals in the city should be put on high alert in case of any eventuality. 1207 05b5cc767e4d2b4197774fe06
5b5cc767e4d2b4197774fe06- 1Only a followsfalse
- 2Both b & c followstrue
- 3Only c followsfalse
- 4Both a and b sufficientfalse
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Answer : 2. "Both b & c follows"
Explanation :
Answer: B) Both b & c follows Explanation: Clearly, People cannot be deprived of enjoying the festival for lack of arrangements. Also, it becomes necessary to deploy police to regulate big crowds and avert any mishap in public gatherings. Further, it costs nothing but might prove useful to put hospitals on alert to be ready to provide quick medical aid to patients in case of any eventuality. So, both b and c follow.
Q: The compound interest on a certain sum for 2 years at 10% per annum is Rs. 1155. The simple interest on the same sum for double the time at half the rate percent per annum is ? 1210 15b5cc767e4d2b4197774fdfc
5b5cc767e4d2b4197774fdfc- 1Rs. 1100true
- 2Rs. 5500false
- 3Rs. 1400false
- 4Rs. 4120false
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Answer : 1. "Rs. 1100"
Explanation :
Answer: A) Rs. 1100 Explanation: Let the sum be Rs.x. Then, x1+101002-x=1155 ⇒x11102-1=1155 => x =5500 sum = Rs. 5500. So, S.I = Rs. 5500×5×4100 = 1100
Q: There is 50% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate ? 1636 05b5cc767e4d2b4197774fe01
5b5cc767e4d2b4197774fe01- 1Rs. 5422false
- 2Rs. 5489false
- 3Rs. 3972true
- 4Rs. 6145false
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Answer : 3. "Rs. 3972"
Explanation :
Answer: C) Rs. 3972 Explanation: Let p = Rs. 100. Then, S.I is Rs. 50 and time = 5 years. ∴ R = 100×50100×5= 10% p.a. Now, p = Rs. 12,000 , T = 3 years and R = 10% p.a. C.I. = Rs. 12000×1+101003-1= Rs. 3972
Q: Find the next number in the series 265, 269, 278, 284, ? 1075 05b5cc767e4d2b4197774fdf7
5b5cc767e4d2b4197774fdf7- 1309true
- 2319false
- 3298false
- 4415false
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Answer : 1. "309"
Explanation :
Answer: A) 309 Explanation: The pattern in the given series is +4, +9, +16, +25, ... i.e. 22,32,42,52... The next number is 284+25 = 309.
Q: Which number replaces the '?' in the given series 108, 127, 2413, 2430, 41310, ?, 619875 2156 05b5cc767e4d2b4197774fdf2
5b5cc767e4d2b4197774fdf2- 141975false
- 241325true
- 384375false
- 441365false
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Answer : 2. "41325"
Explanation :
Answer: B) 41325 Explanation: The given series follows a pattern of +19, x19, +17, x17, +15, x15,... Here the number which is to be replaced in ? is 41310+15=41325.