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- Question
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
Options- A. 625
- B. 630
- C. 640
- D. 650
- Correct Answer
- 625
ExplanationLet the sum be Rs. x. Then,Tags: Bank Exams, Bank POC.I. = [ x ❨ 1 + 4 ❩ 2 - x ] = ❨ 676 x - x ❩ = 51 x. 100 625 625 S.I. = ❨ x x 4 x 2 ❩ = 2x . 100 25 ∴ 51x - 2x = 1 625 25 ⟹ x = 625.
More questions
- 1. In, ?ABC, D and E are the mid-points of AB and AC respectively. Find the ratio of the areas of ?ADE and ?ABC.
Options- A. 1 2
- B. 1 4
- C. 3 4
- D. 1 8 Discuss
Correct Answer: 1 4
Explanation:
- 2. 22020 ÷ 0.011=?
Options- A. 20020
- B. 2000000
- C. 200200
- D. 200002 Discuss
Correct Answer: 2000000
Explanation:
22020 ÷ 0.011 = 2001818.181 ? 2000000
- 3. How many times are the hands of a clock is at right angle in a day?
Options- A. 22
- B. 24
- C. 44
- D. 48 Discuss
Correct Answer: 44
Explanation:
In 12 h, they are at a right angles, 22 times.
So, in 24 h, they are at right angles, 44 times.- 4. The unit digit in the product (784 x 618 x 917 x 463) is:
Options- A. 2
- B. 3
- C. 4
- D. 5 Discuss
Correct Answer: 2
Explanation:
Unit digit in the given product = Unit digit in (4 x 8 x 7 x 3) = (672) = 2- 5. If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
Options- A. Rs. 768
- B. Rs. 968
- C. Rs. 1960
- D. Rs. 2400 Discuss
Correct Answer: Rs. 768
Explanation:
P.W. = 100 x T.D. = 100 x 168 = 600. R x T 14 x 2 ∴ Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.
- 6. ?. 8x 2 + 6x = 5
?. 12y 2 ? 22y + 8 = 0
Options- A. 1
- B. 2
- C. 3
- D. 4 Discuss
Correct Answer: 3
Explanation:
- 7. 15, 31, 63, 127, 255, (...)?
Options- A. 513
- B. 511
- C. 517
- D. 523 Discuss
Correct Answer: 511
Explanation:
Each number is double the preceding one plus 1. So, the next number is (255 x 2) + 1 = 511.
- 8. Find the probability that a vowel selected at random from the 5 vowels is an 'i'.?
Options- A. 4/5
- B. 1/3
- C. 1/5
- D. 1/2 Discuss
Correct Answer: 1/5
Explanation:
Here, n(5) = {a, e, i,o, u}
and E = Event of selecting the vowel i = {i}
? P(E)= n(E)/n(S) = 1/5- 9. 396, 462, 572, 427, 671, 264
Options- A. 396
- B. 427
- C. 671
- D. 264 Discuss
Correct Answer: 427
Explanation:
In each number except 427, the middle digit is the sum of other two.- 10. If 90% of A = 30% of B and B = C% of A,then the value of C is?
Options- A. 900
- B. 800
- C. 600
- D. 300 Discuss
Correct Answer: 300
Explanation:
? 90A/100 = 30B/100 = (30/100) x AC/100
? C = 100 x (100/30) x (90/100) = 300
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