Quantitative Aptitude Quiz for SBI PO | IBPS | RBI – Set 100

Quantitative Aptitude

SIMPLE INTEREST

1. Find the Simple Interest on Rs. 5000 at 27/4 % per annum for the period from 5th February 2006 to 19th April 2006.

Solution

NOTE : 2006 is not a Leap Year. The day on which money is deposited is not counted. Day on which money is withdrawn is counted.

Click here to View Answer

Time = (23 + 31 + 19) = 73 Days = 73/365 year.

P = Rs. 5000. R = 27/4 %.
SI one
Answer is 67.50

2. A sum of Rs 1000 amounts to Rs 1500 in 4 years at simple interest. If the interest rate is increased by 4%, it would amount to how much?

Click here to View Answer

SI one

Answer is Rs 660.

3. Shiva borrowed some money at the rate of 8% per annum for the first 3 years, at the rate of 12% per annum for the next four years, and at the rate of 15% per annum for the period beyond seven years. If he pays a total interest of Rs 12500 at the end of Twelve years, how much money did he borrow?

Click here to View Answer

First Three Years → 8%. Next Four Years → 12%. Last Five Years → 15%.

In the question, it is given that Shiva paid Rs. 12500 at the end of TWELVE YEARS. So 15% INTEREST RATE was paid for the last FIVE years.

Total SI is Rs 12500.

Let the sum borrowed by Z.

(Z x 3 x 8)/100   +   (Z x 4 x 12)/100   + (Z x 15 x 5)/100 = 12500

24 Z/100 + 48 Z/100   + 75 Z/100 = 12500

147 Z/100   = 12500

Z = 8503.40

Answer – Sum Borrowed = Rs 8503.40

4. A certain sum of money amounts to Rs 1500 in two years and Rs 2001 in (7/2) years. Find the Sum and Rate of interest.

Click here to View Answer

SI for (7/2  –  2) = (3/2) = (2001 – 1500) = 501SI one

Answer R = 40.14%

5. The SI on a certain sum of Money for 6 years at 12% annum is Rs 75 less than the SI on a same sum for 8 years at 10% per annum. Find the sum.

Click here to View Answer

Let the Sum be X.

(X * 8 * 10)/100  –  (X * 6 * 12)/100 = 75
(80X/100) – (72X/100) = 75
8X/100 = 75
X = 937.5

Answer – Sum = Rs 937.50


NUMBER SERIES

6. 4, 10, 40, 190, 940, _____, 23440

7. 2, 9, 30, ______, 436, 2195, 13182

8. 3, 5, 7, _____, 13, 17, 19, 23

9. 6, 16, 36, 76, 156, 316, ______

10. 123, 277, 459, 669, 907, ______

Series Pattern

6.

4 + (6 * 1) = 10
10 + (6 * 5) = 40
40 + (30 * 5) = 190
190 + (150 * 5) = 940

7.

(2 + 7) * 1 = 9
(9 + 6) * 2 = 30
(30 + 5) * 3 = 105

8. Simple Prime Number Series.

9.

6 * 2 + 4 = 16
16 * 2 + 4 = 36
36 * 2 + 4 = 76

10.

SI one


Check out the Books You Need For Exam Preparation.

Also Download Ultimate Math Shortcuts by D2G 

 


Check out our latest videos on youtube