Quantitative Aptitude For IBPS PO/Clerk Prelims: 5th February 2019

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Quantitative Aptitude For IBPS PO/Clerk Prelims: 5th February 2019

Quantitative Aptitude Quiz For IBPS PO/Clerk Prelims

Numerical Ability or Quantitative Aptitude Section has given heebie-jeebies to the aspirants when they appear for a banking examination. As the level of every other section is only getting complex and convoluted, there is no doubt that this section, too, makes your blood run cold. The questions asked in this section are calculative and very time-consuming. But once dealt with proper strategy, speed, and accuracy, this section can get you the maximum marks in the examination. Following is the Quantitative Aptitude quiz to help you practice with the best of latest pattern questions.

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Q1. A borrows Rs. 800 at the rate of 12% per annum at simple interest and B borrows Rs. 910 at the rate of 10% per annum at simple interest. In how many years will their amounts be equal?

18
20
22
24
28
Solution:

Q2. A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1200 for 6 years. He received the total simple interest of Rs. 1020. The rate of interest per annum is (rate of interest in each case is same)

10%
5%
15%
20%
25%
Solution:

Q3. A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest?

8 years
10 years
12 years
14 years
16 years
Solution:

Q4. The simple interest on a certain sum for 8 months at 4% per annum is Rs. 129 less than the simple interest on the same sum for 15 months at 5% per annum. The sum is:

Rs. 2580
Rs. 2400
Rs. 2529
Rs. 3600
Rs. 4800
Solution:

Q5. Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case?

Rs. 1700
Rs. 1800
Rs. 1900
Rs. 2000
Rs. 2400
Solution:

Q6. Abhay gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.

Rs 500, Rs 700
Rs 400, Rs 800
Rs 800, Rs 300
Rs 1100, Rs 1100
Rs 1000, Rs 1100
Solution:

Q7. A Money double itself in 8 years in how many years it will be 5 times?

40 years
32 years
24 years
30 years
20 years
Solution:

Q8. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both as interest. The rate of interest per annum is

Solution:

Q9. Gopal lent Rs. 5000 into two parts to two men, one at 4% and another at 5%. After 1 years he gains the interest at 4.2% per annum on the total money. Find the money lent on 4%.

Rs. 5000
Rs. 4000
Rs. 5500
Rs. 4500
Rs. 3500
Solution:

Q10. What is the difference between the compound interest and simple interest calculated on an amount of Rs 16200 at the end of 3 years of 25% pa? (Rounded off to two digits after decimal)

Rs 3213.44
Rs 3302.42
Rs 3495.28
Rs 3290.63
Rs 3890.63
Solution:

Q11. A money-lender borrows some money at 4% per annum at simple interest and he lends it at 6% per annum half yearly compound interest and receives the interest at the end of the year. In this way, he gains Rs. 104.50 after a year. The amount of money he borrows, is:

Rs. 6,000
Rs. 5,500
Rs. 5,000
Rs. 4,500
Rs. 6,500
Solution:

Q12. The interest earned when Rs ‘P’ is invested for four years in a scheme offering 9% p.a. simple interest is more by Rs 360 than the interest earned when the same sum (Rs P) is invested for two years in another scheme offering 12% p.a. simple interest. What is the value of P?

Rs 2000
Rs 3500
Rs 2500
Rs 4000
Rs 3000
Solution:

Q13. A man gets a simple interest of Rs 1000 on a certain principal at the rate of 5 p.c.p.a in 4 years. What compound interest will the man get on twice the principal in two years at the same rate?

Rs 1050
Rs 1005
Rs 1025
Rs 10125
Rs 1250
Solution:

Q14. Veena obtained Rs. 8376 as simple interest on a certain amount 8% per annum after 6 yr. What is the amount invested by Veena?

Rs. 17180
Rs. 18110
Rs. 16660
Rs. 17450
Rs. 17250
Solution:

Q15. A sum of money lent out at certain rate of simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years at the same rate of simple intrest. The sum is:

Rs. 500
Rs. 600
Rs. 700
Rs. 650
Rs. 475
Solution:

               



                  

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