Bank Exams Practice Question and Answer
8Q: Munna and Chinna are partners in a firm out of which Munna is sleeping partner and Chinna is working partner. Munna invests Rs. 1,40,000 and Chinna invests Rs. 80,000. Chinna receives 14.5% of profit for managing the business and the rest is shared between both in ratio of their investments. Munna's share in the profit of Rs. 19600 is ? 2065 05b5cc6cae4d2b4197774e04a
5b5cc6cae4d2b4197774e04a- 1Rs. 9580.25false
- 2Rs. 10600false
- 3Rs. 10664.15true
- 4Rs. 11060.48false
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Answer : 3. "Rs. 10664.15"
Explanation :
Answer: C) Rs. 10664.15 Explanation: Profit received by Chinna as working partner = 14.5% of Rs. 19600 = 14.5x19600/100 = Rs. 2842 Balance in profit = 19600-2842 = Rs. 16758 Ratio of investment of Chinna & Munna = 80,000 : 1,40,000 = 4 : 7 Hence share of Chinna in investment = 4x16758/100 = Rs. 6093.85 Therefore, Share of Munna = 19600 - 2842 - 6093.85 = Rs. 10664.15
Q: In how many ways the letters of the word OLIVER be arranged so that the vowels in the word always occur in the dictionary order as we move from left to right ? 1726 05b5cc6cae4d2b4197774e045
5b5cc6cae4d2b4197774e045- 1186false
- 2144false
- 3136false
- 4120true
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Answer : 4. "120"
Explanation :
Answer: D) 120 Explanation: In given word OLIVER there are 3 vowels E, I & O. These can be arranged in only one way as dictionary order E, I & O. There are 6 letters in thegiven word. First arrange 3 vowels. This can be done in 6C3 ways and that too in only one way.(dictionary order E, I & O) Remaining 3 letters can be placed in 3 places = 3! ways Total number of possible ways of arranging letters of OLIVER = 3! x C36 ways = 6x5x4 = 120 ways.
Q: Watson bought a book for Rs. 240 and sold to Johny at a profit of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ? 1469 05b5cc6cae4d2b4197774e040
5b5cc6cae4d2b4197774e040- 1Rs. 450false
- 2Rs. 360false
- 3Rs. 415false
- 4Rs. 500true
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Answer : 4. "Rs. 500"
Explanation :
Answer: D) Rs. 500 Explanation: Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%. S.P = C.P(1 + P%/100) => S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360 Let Johny quoted the marked price of the book as Rs. M We know, SP = M.P(1 - Discount(%)/100) Here discount = 10% to Shekar, S.P for Johny = M(1 - 10/100) = 0.9M But Johny want to earn 25% profit, => S.P = C.P(1 + P%/100) => 0.9M = 360(1 + 25/100) => M = (360x1.25)/0.9 => M = Rs. 500 Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.
Q: The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ? 1575 05b5cc6cae4d2b4197774e03b
5b5cc6cae4d2b4197774e03b- 1Rs. 6000true
- 2Rs. 5550false
- 3Rs. 7500false
- 4Rs. 6580false
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Answer : 1. "Rs. 6000"
Explanation :
Answer: A) Rs. 6000 Explanation: Let the sum invested be Rs. P Let the rate of interest be R% per annum => Interest earned for 5 years = (P x 5 x R/100) = PR/20 Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)% => SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100 Hence, PR/20 + 10P/100 = PR/20 + 600 => P = 6000 Therefore, the sum invested is Rs. 6000
Q: The court language during the reign of Akbar was _____ ? 1568 05b5cc6cae4d2b4197774e036
5b5cc6cae4d2b4197774e036- 1Urdufalse
- 2Persiantrue
- 3Arabicfalse
- 4Hindifalse
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Answer : 2. "Persian"
Explanation :
Answer: B) Persian Explanation:
Q: The bank which has launched new scheme 'Shubh Aarambh Home Loan' was ? 1374 05b5cc6cae4d2b4197774e029
5b5cc6cae4d2b4197774e029- 1SBIfalse
- 2Central Bank of Indiafalse
- 3Syndicate Bankfalse
- 4Axis Banktrue
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Answer : 4. "Axis Bank"
Explanation :
Answer: D) Axis Bank Explanation:
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 ? 2558 05b5cc6cae4d2b4197774e031
5b5cc6cae4d2b4197774e031- 1he kr op id uc twfalse
- 2bh is he kr tw idtrue
- 3ac tw op bh uc idfalse
- 4None of the abovefalse
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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: Tanjore kingdom was founded by Raja Odeyar. True or False ? 998 05b5cc6cae4d2b4197774e02e
5b5cc6cae4d2b4197774e02e- 1TRUEfalse
- 2FALSEtrue
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Answer : 2. "FALSE"
Explanation :
Answer: B) FALSE Explanation: Mysore kingdom was founded by Raja Odeyar.