tosscall

Test Series - w Quants

Test Number 12/24

Q: A vendor buys bananas at 7 for Rs 6 and sells at 6 for Rs 7. What will be the result?

A. 26.5% loss

B. 36.1% loss

C. 36.1% profit

D. 26.5% profit

Solution: 36.1% profit

Q: 28 Men and 52 women working together completes a work in 22.5 days. 35 men and 65 women working together on same work will complete it in how many days?

A. 16

B. 18

C. 19

D. 21

Solution: Clearly total persons are increased in  28/35 :: 52/65 = 4:5.
As time is inversely proportional to men, so total time will decrease in the ratio 5:4.
Hence, 22.5 x 4/5 = 18 days.

Q: There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest (in rupees) of Rs 30000 after 2 years at the same rate?

A. 6150

B. 7687.5

C. 4612.5

D. 3075

Solution: 3075

Q: A sum of Rs 10000 becomes Rs 14641 when invested at compound interest at the yearly interest rate of 20% per annum. If the compounding is done half yearly, then for how many years was the sum invested?

A. 4

B. 3

C. 1

D. 2

Solution: 2

Q: The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

A. Rs125.25

B. Rs.150

C. Rs.140

D. Rs.156.25

Solution: Present Worth
 
=P1+R1002
 
=1691+41002
 
= Rs.156.25

You Have Score