Quantitative Aptitude Answer with Explanation For IBPS Bank Exam

1.A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:
1.     0%   
2.     5%
3.     7.5%   
4.     10%
2.Study the following table chart and answer the questions based on it.Expenditures of a Company(in Lakh Rupees) per Annum Over the given Years.
Year    Salary    FuelandTransport    Bonus    InterestonLoans    Taxes
1998    288                98                  3.00            23.4                 83
1999    342                 112                2.52            32.5               108
2000    324                101                 3.84             41.6               74
2001    336                 133                3.68             36.4              88
2002    420                 142                 3.96            49.4              98

a. What is the average amount of interest per year which the company had to pay during this period ?

1. Rs. 36.66 lakhs
2. Rs. 36.36 lakhs
3. Rs. 36.26 lakhs
4. Rs. 36.06 lakhs

b.The total amount of bonus paid by the company during the given period is approximately what percent of the total amount of salary paid during this period ?

1. 0.5%
2. 1%
3. 1.5%
4. 2%

c.Total expenditure on all these items in 1998 was approximately what percent of the total expenditure in 2002 ?

1. 61%
2. 47%
3. 59%
4. 69%

d.. Calculate the total expenditure of the company over these items during the year 2000 from the table chart given.

1. Rs. 543.44 lakhs
2. Rs. 544.44 lakhs
3. Rs. 545.44 lakhs
4. Rs. 546.44 lakhs

e.The ratio between the total expenditure on Taxes for all the years and the total expenditure on Fuel and Transport for all the years respectively is approximately?

1. 4:13
2. 7:13
3. 10:13
4. 11:13

Answer

1.[1]


C.P. = Rs. 3000.

S.P. =        Rs.  3600 x 100        = Rs. 3000.
                         100 + (10 x 2)

 Gain = 0%

2.[a (1)] Average amount of interest paid by the Company during the given period will be
23.4+32.5+41.6+36.4+49.4 lakh=36.66lakhs
                        5

. b(2)
3.00+2.52+3.84+3.68+3.96   *  100%
288+342+324+336+420
=   (17     ∗100)%
     1710
= 1%approx.
.c(4)
Required percentage we can easily calculate from the above table chart.
Required percentage will be,
(288+98+3.00+23.4+83   * 100
420+142+3.96+49.4+98

=495.4  * 100
713.36
= =69.45%  
d.(2)Total expenditure of the Company during 2000

= Rs. (324 + 101 + 3.84 + 41.6 + 74) lakhs

= Rs. 544.44 lakhs.
      
e.(3)
83+108+74+88+98      
98+112+101+133+142


451   =  1     =  10
586       1.3       13