What is the selection process of the Bank Clerk?

The selection process of the Bank Clerk is Prelims & Mains.

Quantitative Aptitude Quiz For Bank Foundation 2023

Q2. An amount of Rs. 20000 when invested at R% simple interest for 2 years becomes Rs. 24000. What will it become in 3 years if invested at (R+2)%? (in Rs.)
(a) 27200
(b) 26300
(c) 25200
(d) 27400
(e) 28100

Q3. Karan purchased an article marked up by 50% at a discount of 20% but later he found that the article was having a defect so he decided to return it but the shopkeeper returned him only 90% of what he had paid. What is profit/loss (in %)of the shopkeeper in the whole transaction?
(a) 8
(b) 10
(c) 12
(d) 15
(e) None of these

Q4. A sum of Rs. x was invested at 10% simple interest for 3 years. If the same sum was invested at 4% more for same period, then it would have fetched Rs. 120 more. Find the value of 5x. (in Rs.)
(a) 5000
(b) 4800
(c) 3600
(d) 5500
(e) 4000

Q5. Akshay buys an article and markup it 30 % above its cost price. At the time of sale, he gives 10% discount instead of 15% due to which he earns Rs. 13 more. Find cost price.
(a) Rs. 230
(b) None of these
(c) Rs. 150
(d) Rs. 130
(e) Rs. 200

Q6. A sum of Rs. P was invested at 10% for 2 years at simple interest. If the same sum was invested at 20% for ‘x’ years, it would have fetched Rs. 200 more. Find ‘x’ if Px = 5000. (value of x is given in months)
(a) 12
(b) 18
(c) 15
(d) Cannot be determined
(e) None of these

Q7. A sum of Rs 1400 becomes Rs 2408 in 8 yrs at simple interest, then find the rate of interest for last 4 yrs,if the interest rate for 1st 4 yrs is 12% per annum ?
(a) 8 %
(b) 10 %
(c) 6%
(d) 4 %
(e) None of these

Q9. Rs. 12000 becomes Rs. 15000 in 18 months at a certain rate of interest at simple interest. Find amount if Rs. 5000 invested at same rate for 30 months at simple interest.
(a) Rs. 7883.33
(b) Rs. 7083.33
(c) Rs. 7279.80
(d) Rs. 7173.33
(e) None of these

Q10.The interest earned on an amount after 2 yrs at 10 % per annum compounded yearly is Rs 672. Find the interest earned on same amount after 4 yr at 14 % per annum at simple interest ?
(a) Rs 1792
(b) Rs 1864
(c) Rs 1912
(d) Rs 1754
(e) Rs 1720

Solutions: