Practice Question and Answer

Q:

Vijay lent Rs.5000. At what rate percent per annum he lent the money?
Statement I: The difference between the simple interest and compound interest on same money is Rs.60.
Statement II: The simple interest obtained after 4 years is Rs.300.
Statement III: The difference between compound interest and simple interest on Rs.60,000 in 2 years is Rs.1350.

1707 0

  • 1
    Only I and II together are sufficient
    Correct
    Wrong
  • 2
    Either II or III are sufficient
    Correct
    Wrong
  • 3
    Any two of the three are sufficient
    Correct
    Wrong
  • 4
    All three together are needed
    Correct
    Wrong
  • 5
    Even all together are not sufficient
    Correct
    Wrong
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Answer : 2. "Either II or III are sufficient"

Q:

A and B started a business with their investments in the ratio 7 : 11. After four months, C joined them with an investment which is Rs.4,000 more than A's investment and he is the working partner who earns a monthly salary of Rs.1,200. The share of 'C' in the total profit of Rs.65,600 is Rs.22,400. What is the share of A?

2509 0

  • 1
    Rs.19,200
    Correct
    Wrong
  • 2
    Rs.18,400
    Correct
    Wrong
  • 3
    Rs.12,800
    Correct
    Wrong
  • 4
    Rs.16,800
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Rs.16,800 "

Q:

A person can buy a refrigerator for Rs.15,850 on cash payment or in installments for every year at 10% p.a for four years compounded annually. What is the approximate annual installment that he should pay?

1876 0

  • 1
    Rs.6000
    Correct
    Wrong
  • 2
    Rs.5500
    Correct
    Wrong
  • 3
    Rs.5000
    Correct
    Wrong
  • 4
    Rs.5200
    Correct
    Wrong
  • 5
    Rs.4500
    Correct
    Wrong
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Answer : 3. "Rs.5000 "

Q:

If three numbers are in the ratio 3:5:6 and their LCM Is 2160, then find their HCF.

3277 0

  • 1
    16
    Correct
    Wrong
  • 2
    18
    Correct
    Wrong
  • 3
    20
    Correct
    Wrong
  • 4
    22
    Correct
    Wrong
  • 5
    24
    Correct
    Wrong
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Answer : 5. "24"

Q:

What is the age of A in a group of 6 students – A, B, C, D, E and F whose average age is 16 years?
Statement I: Total age of B and D is 30 years
Statement II: Total age of E and F is 31 years.
Statement III: Total age of A is 10 years.

1659 0

  • 1
    Only I and II together are sufficient
    Correct
    Wrong
  • 2
    Only II and III together are sufficient
    Correct
    Wrong
  • 3
    Any two of the three are sufficient
    Correct
    Wrong
  • 4
    All three together are needed
    Correct
    Wrong
  • 5
    Even all together are not sufficient
    Correct
    Wrong
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Answer : 4. "All three together are needed"

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