Bank Exams Practice Question and Answer

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Answer : 2. "2 x (18!)"
Explanation :

Answer: B) 2 x (18!) Explanation: A person can be chosen out of 18 people in 18 ways to be seated between Musharraf and Manmohan. Now consider Musharraf, Manmohan, and the third person, sitting between them, as a single personality, we can arrange them in 17! ways but Musharraf and Manmohan can also be arranged in 2 ways.    Required number of permutations = 18 x (17!) x 2 = 2 x 18!

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Answer : 3. "Both A & B gives result"
Explanation :

Answer: C) Both A & B gives result Explanation: a and b give, profit after 3 years = Rs.(3/8 x 22000) = Rs.8250. From c also, profit after 3 years = Rs. (2750 x 3) = Rs. 8250. ∴ P's share = Rs.(8250 x 5/11) = Rs. 3750. Thus, (either C is redundant) or (a and b are redundant).

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 0

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    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: A merchant buys two articles for Rs.600. He sells one of them at a profit of 22% and the other at a loss of 8% and makes no profit or loss in the end. What is the selling price of the article that he sold at a loss ? 2946 0

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    Rs. 404.80
    Correct
    Wrong
  • 2
    Rs. 536.80
    Correct
    Wrong
  • 3
    Rs.440
    Correct
    Wrong
  • 4
    Rs. 160
    Correct
    Wrong
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Answer : 1. "Rs. 404.80"
Explanation :

Answer: A) Rs. 404.80 Explanation: Let C1 be the cost price of the first article and C2 be the cost price of the second article.Let the first article be sold at a profit of 22%, while the second one be sold at a loss of 8%. We know, C1 + C2 = 600.The first article was sold at a profit of 22%. Therefore, the selling price of the first article = C1 + (22/100)C1 = 1.22C1The second article was sold at a loss of 8%. Therefore, the selling price of the second article = C2 - (8/100)C2 = 0.92C2. The total selling price of the first and second article = 1.22C1 + 0.92C2. As the merchant did not make any profit or loss in the entire transaction, his combined selling price of article 1 and 2 is the same as the cost price of article 1 and 2. Therefore, 1.22C1 + 0.92C2 = C1+C2 = 600As C1 + C2 = 600, C2 = 600 - C1. Substituting this in 1.22C1 + 0.92C2 = 600, we get1.22C1 + 0.92(600 - C1) = 600or 1.22C1 - 0.92C1 = 600 - 0.92*600or 0.3C1 = 0.08*600 = 48or C1 = 48/(0.3) = 160.If C1 = 160, then C2 = 600 - 160 = 440.The item that is sold at loss is article 2. The selling price of article 2 = 0.92*C2 = 0.92*440 = 404.80.

Q: The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8,748, its purchase price was ? 2942 0

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    Rs.14,000
    Correct
    Wrong
  • 2
    Rs.12,000
    Correct
    Wrong
  • 3
    Rs. 12,800
    Correct
    Wrong
  • 4
    Rs. 15,000
    Correct
    Wrong
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Answer : 2. "Rs.12,000"
Explanation :

Answer: B) Rs.12,000 Explanation: We have P = 8748, R = -10 and n = 3Therefore, the purchase price of the machine= P1+R100n= 87481-101003= 8748 x (100/90) x (100/90) x (100/90)= 12,000.   Therefore, the purchase price of the machine was Rs. 12,000.

Q: In a regular week, there are 5 working days and for each day, the working hours are 8. A man gets Rs. 2.40 per hour for regular work and Rs. 3.20 per hours for overtime. If he earns Rs. 432 in 4 weeks, then how many hours does he work for ? 2931 0

  • 1
    145
    Correct
    Wrong
  • 2
    165
    Correct
    Wrong
  • 3
    175
    Correct
    Wrong
  • 4
    135
    Correct
    Wrong
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Answer : 3. "175"
Explanation :

Answer: C) 175 Explanation: Given that,  working days = 5  working hours = 8  A man get rupess per hour is Rs.2.40  So in one day the man get total rupees is 2.40 x 8 = 19.2  So in 5 days week the man get total rupees is 19.2 x 5 = 96  So in 4 week the man get total rupees is 96 x 4 = 384  So the man worked for = 160hours in 4 weeks    But given that the man earned Rs.432    Hence remaning money is (432-384 = 48)which is earn by doing overtime work   Overtime hours  = 48/3.20 = 15 So total worked hours is = 15 + 160 = 175.

Q: A does half as much work as Band C does half as much work as A and B together. If C alone can finish the work in 40 days, then together ,all will finish the work in  ? 2925 0

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    17 + 4/7 days
    Correct
    Wrong
  • 2
    13 + 1/3 days
    Correct
    Wrong
  • 3
    15 + 3/2 days
    Correct
    Wrong
  • 4
    16 days
    Correct
    Wrong
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Answer : 2. "13 + 1/3 days"
Explanation :

Answer: B) 13 + 1/3 days Explanation: C alone can finish the work in 40 days.As given C does half as much work as A and B together => (A + B) can do it in 20 days(A + B)s 1 days wok = 1/20.A's 1 days work : B's 1 days Work = 1/2 : 1 = 1:2(given)A's 1 day’s work = (1/20) x (1/3) = (1/60) [Divide 1/20 in the raio 1:2]B's 1 days work = (1/20) x (2/3) = 1/30(A+B+C)'s 1 day's work = (1/60) + (1/30) + (1/40) = 9/120 = 3/40 All the three together will finish it in 40/3 = 13 and 1/3 days.

Q: If 6 engines consume 24 metric tonnes of coal, when each is working 8 hours day, how much coal will be required for 9 engines, each running 13hours a day, it being given that 2 engines of former type consume as much as 3 engines of latter type ? 2925 0

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    45 metric tonnes
    Correct
    Wrong
  • 2
    47 metric tonnes
    Correct
    Wrong
  • 3
    55 metric tonnes
    Correct
    Wrong
  • 4
    34 metric tonnes
    Correct
    Wrong
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Answer : 1. "45 metric tonnes"
Explanation :

Answer: A) 45 metric tonnes Explanation: 2 engines of former type for one hour consumes (2 x 24)/(6 x8) = 1 metric ton  i.e. 3 engines of latter type consumes 1 ton for one hour Hence 9 engines consumes 3 tons for one hour For 15 hours it is 15 x 3 = 45 metric tonnes.

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