Exams > Cat > Quantitaitve Aptitude
ARITHMETIC MCQs
Ravi took a loan of Rs. 1 Lakh from SBI at the rate of 6% per annum of simple interest for 10 years. After some time, the rate of interest dropped down to 4% and as a result, Ravi paid only Rs. 1.48 lakhs at the end of the loan period. Number of years after which the rate of interest was decreased to 4% is___
:
B
Principal = Rs. 7000
Interest Received = Rs. 996
So, average rate =(996×100)3×7000=16635%
Now apply alligation:
So, the ratio in which the money was lent at 4% and 6% is 22: 13
So, the amount lent at 6% = Rs. 2600. Hence option (b)
Alternatively: the question can be solved using answer options.
:
C
It is given that simple interest for 2 years = Rs. 720
So, for 1 year = Rs. 7202 = Rs. 360 (because it is SI)
Compound Interest for 2 year = Rs. 756
Difference in the interest = Rs. 36 (756-720)
This difference is the interest on the interest of the first year.
So rate of interest =(36360)×100=10%
Now the interest for 1st Year = Rs. 360 at 10% SI
So, principal for 1st year = Rs. 3600
We have, SI=(P×R×T)100
3600×k2100=1296
k = 6
Of the two machines purchased, the first one’s share of cost is 37.5%. Depreciation is to be calculated annually at the rates of 20% and 15% on the first and second machines respectively, of the value of each machine at the beginning of the year. At the end of two years, the total value of depreciation is what percent of the total cost?
:
C
Let the cost of two machines be Rs. 800
So, cost of 1st machine = 37.5% of Rs. 800 = Rs. 300
Cost of 2nd machine = 62.5% of Rs. 800 = Rs. 500
Total cost of 2 machines at the end of 2 yrs = 553.25
Total depreciation =246.75=(246.75800)×100=30.84%
Hence option (c)
:
D
In a 10% solution, in 110 gm of solution there is 10gm of solute.
So, 1 kg of solution has 1×10110=111 kg of solute.
After heating, amount of solution = 0.4 kg
So, amount of water =25−111=1755 kg
Solution percentage =(111)×(5517)×100=29.4%
:
Method 1:
Quantity×Rate=Price
Given : Q1= 60
R1 =r
P1= p
Q2=q
R2=1.44r
P2=1.2p
Hence Q=50
So the difference in price is 50.
Method 2:
Let the price per kg of wheat = Rs 10, hence total expenditure initially = Rs 600
The expenditure increases by 20% = Rs 720
Also, the price increases by 44% , hence price per kg = 14.4
Thus, new consumption =72014.4 = 50 kgs. the diffrence in consumption is 60-50= 10 kg. Option (a)
A particular shop sells goods at cost. A person buys goods worth Rs.60 from the shop and gives the shopkeeper a Rs.100 note. As the shopkeeper does not have change to give his customer, he exchanges this Rs.100 note for 6 Rs.10 notes and 2 Rs. 20 notes from the bank to settle accounts with the customer. The next day, the banker returns the Rs.100 note claiming it to be a counterfeit and takes two Rs.50 notes from the shopkeeper. If the note was actually a counterfeit, what is the total loss to the shopkeeper?
:
C
The shopkeeper has lost Rs.100 only. The entire transaction can also be viewed as the shopkeeper getting a counterfeit Rs.100 note against which he has given goods worth Rs.60 and change worth Rs.40.
A group of 80 People play atleast one of the games- carrom, snooker and TT. 40 play carrom, 50 play snooker and 35 play TT. If 14 people play both Carrom and Snooker, 20 people play both Snooker and TT and 12 people play both TT and carrom, find the ratio of the number of people who play carrom only to the number who play only TT?
:
D
D