Aptitude Practice Question and Answer
8Q: Compounding interest means interest accrues 1536 15b5cc604e4d2b4197774b4b8
5b5cc604e4d2b4197774b4b8- 1at variable rates throughout the termfalse
- 2more quickly than simple interesttrue
- 3more slowly than simple interestfalse
- 4at the same rate as simple interestfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "more quickly than simple interest"
Explanation :
Answer: B) more quickly than simple interest Explanation: Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged. Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value. The formula for calculating compound interest is: [P (1 + i)n] – P = P [(1 + i)n – 1] (Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.) Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be: Rs. 10,000 [(1 + 0.05)3] – 1 = 10,000 [1.157625 – 1] = Rs. 1,576.25. How it grows ::
Q: The equivalent single discount for two successive discount of 15% and 10% is 1884 15cf11e87c97a225730e3b30b
5cf11e87c97a225730e3b30b- 125%false
- 220%false
- 323.5%true
- 420.85%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. " 23.5%"
Explanation :
Q: The difference between 4632 and 20000 is what number 2853 05b5cc5ffe4d2b4197774b42c
5b5cc5ffe4d2b4197774b42c- 115368true
- 212652false
- 314562false
- 414965false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "15368"
Explanation :
Answer: A) 15368 Explanation: The difference between 4632 and 20000 is given by subtracting smaler number from the bigger number. Here the bigger number is 20000 Smaller number is 4632 Now, subtracting 4632 from 20000 20000 - 4632 = 15368 and the resut is an even number. Hence, The difference between 4632 and 20000 is 15368 and is an even number.
Q: The ages of Sunitha and Pranitha are 40 years and 60 years, respectively. How many years before the ratio of their ages was 3 : 5? 1466 05b5cc601e4d2b4197774b445
5b5cc601e4d2b4197774b445- 110 yearstrue
- 215 yearsfalse
- 318 yearsfalse
- 424 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "10 years"
Explanation :
Answer: A) 10 years Explanation: Given the ages of Sunitha and Pranitha are 40 years and 60 years. Let before 'm' years, their ages be in the ratio of 3 : 5 ATQ, 40-m60-m = 35 => 200 - 5m = 180 - 3m =>2m = 20 => m = 10 years.
Q: Which of the following fraction is the largest? 1213 15b5cc604e4d2b4197774b4da
5b5cc604e4d2b4197774b4da- 17/12true
- 29/16false
- 313/20false
- 432/80false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "7/12"
Explanation :
Answer: A) 7/12 Explanation: Here to say which fraction is greater from the given options, the fraction with greater numerator with same denominator or smaller denominator with same numerator. To find the greater fraction, among the given options, make the denominators same for the options by finding the LCM of all the denominators. 7/12, 9/16, 13/20, 32/80 Now, LCM of 12, 16, 20, 80 = 240. Then, 140/240, 135/240, 156/240, 96/240 Here 156240 > 140240 > 135240 > 96240=> 1320 > 712 > 916 > 3280 Hence, largest fraction = 13/20.
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1529 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "25%"
Q: X’s income is 20% more than that of Y. What percent is Y’s income less than x? 1364 05cda8c8640678f4146def8c0
5cda8c8640678f4146def8c0- 1$$66{1\over 3}\%$$false
- 2$$16{2\over 3}\%$$true
- 3$$88{2\over 3}\%$$false
- 4$$16{1\over 3}\%$$false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. " $$16{2\over 3}\%$$"
Explanation :
Q: What sum of money must be given at simple interest for six months at 4% per annum in order to earn Rs. 150 interest? 2668 25cfdf45098d53c6bd3f9d34e
5cfdf45098d53c6bd3f9d34e- 1Rs. 5000false
- 2Rs. 7500true
- 3Rs. 10000false
- 4Rs. 15000false
- Show AnswerHide Answer
- Workspace
- SingleChoice