Bank Exams Practice Question and Answer

Q: Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ? 3059 0

  • 1
    Rs. 7500
    Correct
    Wrong
  • 2
    Rs. 4520
    Correct
    Wrong
  • 3
    Rs. 8750
    Correct
    Wrong
  • 4
    Rs. 6350
    Correct
    Wrong
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Answer : 1. "Rs. 7500"
Explanation :

Answer: A) Rs. 7500 Explanation: Arun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3 B's share = 25000 x 3/10 = Rs. 7500.

Q: In the series given below , how many 8's are there each of which is exactly divisible by its immediate preceeding as well as succeeding numbers ?2 8 3 8 2 4 8 2 4 8 6 8 2 8 2 4 8 3 8 2 8 6 3058 0

  • 1
    five
    Correct
    Wrong
  • 2
    four
    Correct
    Wrong
  • 3
    two
    Correct
    Wrong
  • 4
    one
    Correct
    Wrong
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Answer : 3. "two"
Explanation :

Answer: C) two Explanation: Clearly, we may mark such sets of 3 numbers, in which the middle number is 8 and each of the two numbers on both sides of it is a factor of 8, as shown below : 2 8 3 8 2 4 8 2 4 8 6 8 2 8 2 4 8 3 8 2 8 6 So, there are two such 8's. Hence the answer is C.

Q: Given that on 9th August 2016 is Saturday. What was the day on 9th August 1616 ? 3057 0

  • 1
    Saturday
    Correct
    Wrong
  • 2
    Sunday
    Correct
    Wrong
  • 3
    Friday
    Correct
    Wrong
  • 4
    Monday
    Correct
    Wrong
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Answer : 1. "Saturday"
Explanation :

Answer: A) Saturday Explanation: We know that, After every 400 years, the same day occurs.Thus, if 9th August 2016 is Saturday, before 400 years i.e., on 9th August 1616 has to be Saturday.

Q: A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres ? 3055 0

  • 1
    68%
    Correct
    Wrong
  • 2
    80%
    Correct
    Wrong
  • 3
    75%
    Correct
    Wrong
  • 4
    100%
    Correct
    Wrong
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Answer : 4. "100%"
Explanation :

Answer: D) 100% Explanation: When 3 passengers income was 3xexpense= Rs.30 profit =20% of 30 = Rs.6 That means his earning is Rs.36. so that per passenger fare must be Rs.12. When 4 passengersearning = 12x4=Rs.48.expense =Rs.24.profit = Rs.24 = 100%

Q: "Compounding frequency" refers to 3049 0

  • 1
    What type of interest your account earns
    Correct
    Wrong
  • 2
    How often your interest is calculated and added back into your account
    Correct
    Wrong
  • 3
    What interest rate you can expect from your account
    Correct
    Wrong
  • 4
    How easily you can add money into your account
    Correct
    Wrong
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Answer : 2. "How often your interest is calculated and added back into your account"
Explanation :

Answer: B) How often your interest is calculated and added back into your account Explanation: Compounding frequency : The time periods when interest will be calculated on top of the original loan amount (or) The number of compounding periods in one year.   The greater the compounding frequency, the more often your interest is calculated and added back into your account.

Q: In a certain code language, 'is uc he bh kr' mean 'Lucky likes to dance freely', 'ha by lm kr op' mean 'Dance can be a hobby', 'he id ac kr bh' mean 'Lucky teaches dance to kids' and 'kr id bh tw uc' mean 'Kids dance freely with Lucky'. Now answer the given question. 'Lucky likes to dance with kids' can be coded as ? 3048 0

  • 1
    he kr op id uc tw
    Correct
    Wrong
  • 2
    bh is he kr tw id
    Correct
    Wrong
  • 3
    ac tw op bh uc id
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 2. "bh is he kr tw id"
Explanation :

Answer: B) bh is he kr tw id Explanation: From given data, codes for Lucky - bh Likes - is to - he Dance - kr with - tw Kids - id Hence, Lucky like to dance with kids can be coded as 'bh is he kr tw id'.

Q: What travels around the world and stays in one spot? 3045 0

  • 1
    Slippers
    Correct
    Wrong
  • 2
    Walking stick
    Correct
    Wrong
  • 3
    Stamps
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Stamps"
Explanation :

Answer: C) Stamps Explanation: Stamps are what travel around the worldstaying in one spot. Slippers and walking stick can also travel around the world but they will not stay at one spot. So they are eliminated.

Q: A number increased by 30% gives 390. The number is 3045 0

  • 1
    180
    Correct
    Wrong
  • 2
    300
    Correct
    Wrong
  • 3
    480
    Correct
    Wrong
  • 4
    260
    Correct
    Wrong
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Answer : 2. "300"
Explanation :

Answer: B) 300 Explanation: Let the number be 'N'Given N + 30N/100 = 390=> 130N/100 = 390=> N = 390 x 10/13=> N = 300.

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