Welcome to Online QuantsTest in AffairsCloud.com. We are starting Cumulus Course for IBPS PO 2018 Main Exam and we are creating sample questions in Quants section, this type of Question will be asked in IBPS PO 2018!!!

A watercraft travels a distance downwards from Point L to Point M and then moves upwards from point M back to point L. The speed of watercraft in still water is 5 kmph while the normal speed of stream is 1 kmph. Find the time taken by the watercraft to travel the whole distance from L to M and from M to L, if the speed of the stream doubles in the return journey (From M to L). The distance between L to M is 10 km.

A finance company claims to be lending money at SI, but include the interest every 6 months for calculating the principal, if the company charges 12% interest the effective rate of interest becomes

Correct

Answer – 2) 12.36 %
Explanation:
Let the sum be Rs 100
SI for first 6 months = (100 *12 *1)/(100 *2)=Rs 6
SI for last 6 months = (106 *12 *1)/(100 *2) = Rs 6.36
So the amount at the end of the year = 100 + 6 + 6.36 =Rs 112.36
Effective rate = 112.36- 100= 12.36%

Incorrect

Answer – 2) 12.36 %
Explanation:
Let the sum be Rs 100
SI for first 6 months = (100 *12 *1)/(100 *2)=Rs 6
SI for last 6 months = (106 *12 *1)/(100 *2) = Rs 6.36
So the amount at the end of the year = 100 + 6 + 6.36 =Rs 112.36
Effective rate = 112.36- 100= 12.36%

Question 8 of 10

8. Question

1 points

Category: Quantitative Aptitude

Neha decided to donate 15% of his salary to an orphanage home. On the date of donation, he changed his mind and donated Rs 1350, which was 80% of the actual donation he had decided earlier. How much is Neha’s salary?

Correct

Answer – 1)11250
Explanation:
Let the salary of Neha be X
15% of 80% of X =1350
X = 11250

Incorrect

Answer – 1)11250
Explanation:
Let the salary of Neha be X
15% of 80% of X =1350
X = 11250

Question 9 of 10

9. Question

1 points

Category: Quantitative Aptitude

Mahesh sells an article to Suresh at 10% profit. Suresh sells it to Ramesh at 20% profit. Further, Ramesh sells it to a customer for Rs.56100 at a loss of 15%. The cost price of an article for Mahesh is?

A vendor mixed 7 litres of free tape water with 20 litres of pure juice. If the cost of pure juice is Rs 30 per litre the percentage profit of the vendor when he sells all the mixture at the CP is