Bank Exams Practice Question and Answer

Q: Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children’s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ? 850 0

  • 1
    Rs. 34000
    Correct
    Wrong
  • 2
    Rs. 31245
    Correct
    Wrong
  • 3
    Rs. 24315
    Correct
    Wrong
  • 4
    Rs. 28000
    Correct
    Wrong
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Answer : 4. "Rs. 28000"
Explanation :

Answer: D) Rs. 28000 Explanation: Let the monthly salary of Shankar be = Rs.xAmount invested on expenditure = 25% = x/4;Remaning amount = 3x/4;Amount invested on children education = 20% i.e = 3x/20;Remaining amount = 3x/4 - 3x/20 = 3x/5;Remaining amount invested in three different schemes i.e is 1/3(3x/5) => x/5 = 5600Therefore x = 28000Hence, Monthly salary of Shankar is Rs. 28,000.

Q: 0.01 is what per cent of 0.1 ? 284 1

  • 1
    10%
    Correct
    Wrong
  • 2
    $${1\over 10}\% $$
    Correct
    Wrong
  • 3
    100%
    Correct
    Wrong
  • 4
    $${1\over 100}\% $$
    Correct
    Wrong
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Answer : 1. " 10%"

Q: What was the day of the week on 17th June, 1998 ? 2284 6

  • 1
    Monday
    Correct
    Wrong
  • 2
    Tuesday
    Correct
    Wrong
  • 3
    Wednesday
    Correct
    Wrong
  • 4
    Friday
    Correct
    Wrong
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Answer : 3. "Wednesday"
Explanation :

Answer: C) Wednesday Explanation: 17th June, 1998 = (1997 years + Period from 1.1.1998 to 17.6.1998)Odd days in 1600 years = 0Odd days in 300 years = 197 years has 24 leap years + 73 ordinary years.Number of odd days in 97 years ( 24 x 2 + 73) = 121 = 2 odd days.Jan. Feb. March. April. May. June.(31 + 28 + 31 + 30 + 31 + 17) = 168 days168 days = 24 weeks = 0 odd day.Total number of odd days = (0 + 1 + 2 + 0) = 3.Given day is Wednesday.

Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 303 0

  • 1
    $$5{1\over2}\%$$
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    7%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
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Answer : 3. "7%"

Q: The list price of a clock is Rs 160. A customer buys it for Rs. 122.40 after two successive discount. If first discount is 10% the second is 117 1

  • 1
    10%
    Correct
    Wrong
  • 2
    12%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
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Answer : 3. " 15%"

Q: What is 7 + 7 ÷ 7 + 7 × 7 - 7 = 732 0

  • 1
    0
    Correct
    Wrong
  • 2
    42
    Correct
    Wrong
  • 3
    50
    Correct
    Wrong
  • 4
    57
    Correct
    Wrong
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Answer : 3. "50"
Explanation :

Answer: C) 50 Explanation: Given 7 + 7/7 + 7 x 7 - 7 By using BODMAS rule, 7 + 1 + 7 x 7 - 7 = 8 + 49 - 7 = 57 - 7 = 50.   Hence 7 + 7/7 + 7 x 7 - 7 = 50.

Q: What is the unit digit in $$7^{105}$$? 365 1

  • 1
    1
    Correct
    Wrong
  • 2
    5
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    9
    Correct
    Wrong
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Answer : 1. "1"

Q: The equivalent single discount for two successive discount of 15% and 10% is 82 1

  • 1
    25%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    23.5%
    Correct
    Wrong
  • 4
    20.85%
    Correct
    Wrong
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Answer : 3. " 23.5%"

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