This post at AMCAT DETAILS is the compilation of questions on AMCAT exam's Quantitative Ability sections. So prepare these questions well and score well.
Question: A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:
Option (a) 11:77:7
Question: A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:
Option (a) Rs. 120
Optiion (b) Rs. 121
Option (c) Rs. 122
Option (d) Rs. 123
Answer: (a)
Question: In what ratio must a person mix three kinds of wheat costing him Rs 1.20,Rs 1.44 and Rs 1.74 per Kg so that the mixture may be worth Rs 1.41 per Kg?
Option (a) 11:77:7
Option (b) 25:45:8
Option (c) 27:23:6
Option (d) 11:45:7
Answer: (a)
Question: The price of petrol is increased by 10%. By how much percent the consumption be reduced so that the expenditure remains the same?
Option (a) 9%
Option (b) 10%
Option (c) 11%
Option (d) 12%
Question: By selling 45 lemons for Rs. 40, a man loses 20%. How many should he sell for Rs. 24 to gain 20% in the transaction?
Option (a) 19
Option (b) 18
Option (c) 24
Option (d) 22
Answer: (b)
Detailed Explanation:
The Selling Price of 45 lemons is Rs.40
And loss = 20%
Therefore, Cost Price of 45 lemons would be 40*100/80= Rs. 50
To make profit of 20% he should sell these 45 lemons for 50*20/100=Rs. 60
Now If he sells for Rs. 60 = 45 lemons
So for Rs. 24 he would sell = (24/60)*45 = 18 lemons.
And loss = 20%
Therefore, Cost Price of 45 lemons would be 40*100/80= Rs. 50
To make profit of 20% he should sell these 45 lemons for 50*20/100=Rs. 60
Now If he sells for Rs. 60 = 45 lemons
So for Rs. 24 he would sell = (24/60)*45 = 18 lemons.
Therefore the answer is b.
Question: At a momentm father told his son,"I was as old as you are at present at the time of your birth"If the fathers age is 38 years now,then the age of son 5 years back was?
Option (a) 14 years
Option (b) 19 years
Option (c) 33 years
Option (d) 38 years
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