GRE Practice Question and Answer

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 ? 2956 0

  • 1
    Rs. 540
    Correct
    Wrong
  • 2
    Rs. 415
    Correct
    Wrong
  • 3
    Rs. 404
    Correct
    Wrong
  • 4
    Data is not sufficient
    Correct
    Wrong
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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. 1024 0

  • 1
    Only a is sufficient
    Correct
    Wrong
  • 2
    Neither a nor b is sufficient
    Correct
    Wrong
  • 3
    Only b is sufficient
    Correct
    Wrong
  • 4
    Both a and b sufficient
    Correct
    Wrong
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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: 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 ? 1222 1

  • 1
    Rs. 1100
    Correct
    Wrong
  • 2
    Rs. 5500
    Correct
    Wrong
  • 3
    Rs. 1400
    Correct
    Wrong
  • 4
    Rs. 4120
    Correct
    Wrong
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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 ? 1652 0

  • 1
    Rs. 5422
    Correct
    Wrong
  • 2
    Rs. 5489
    Correct
    Wrong
  • 3
    Rs. 3972
    Correct
    Wrong
  • 4
    Rs. 6145
    Correct
    Wrong
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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: Which of the following means O is a father of two children ? 949 0

  • 1
    O @ M # N
    Correct
    Wrong
  • 2
    O # N # M
    Correct
    Wrong
  • 3
    O @ N # M
    Correct
    Wrong
  • 4
    N # O $ M
    Correct
    Wrong
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Answer : 3. "O @ N # M"
Explanation :

Answer: C) O @ N # M Explanation:  O @ N # M means O is the father of N who is the sister of M i.e. O is a father of two children.

Q: What is your ideal working environment ? 1051 0

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Answer :
Explanation :

The interviewer is attempting to assess how closely your ideal fits with the reality of their organisation. A positive work environment makes employees feel good about coming to work, and this provides the motivation to sustain them throughout the day. When you can find the ideal working environment that best suits your work ethics and personality, you will become more productive and lead a fulfilling life. - Before answering, take into account how their company is structured in terms of work days, formality, small start-up verses large corporation, etc.- Focus on wanting an environment that allows for the use and growth of your established skills and qualities.- Highlight your desire to work in a team-oriented workplace.- Talk about your work-style and that it blends in well with the company’s vision.

Q: Why do you want to work in the service line to which you have applied ? 1024 0

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Answer :
Explanation :

The interviewer is looking for similar things whether asking about company or position. The interviewer wants to : - Learn about your career goals and how this position fits into your plan. - Make sure that you are sincerely interested in the job and will be motivated to perform if hired. - Find out what you know about the company, industry, position. - Understand your priorities and preferences.

Q: Who is the 45th President of United States ? 1160 0

  • 1
    Hillary Clinton
    Correct
    Wrong
  • 2
    Barack Obama
    Correct
    Wrong
  • 3
    George W. Bush
    Correct
    Wrong
  • 4
    Donald Trump
    Correct
    Wrong
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Answer : 4. "Donald Trump"
Explanation :

Answer: D) Donald Trump Explanation: Donald John Trump (born June 14, 1946) is an American businessman, television personality, politician, and the 45th President of the United States.

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