Banking & Finance · Practice Sheet 13

1. 1.

   Quantitative Aptitude

   An item is bought for AED 800 and sold for AED 920. Find the profit percentage.

   Formula:Profit Percentage

   $\text{Profit\%} = \dfrac{SP-CP}{CP}\times 100$

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2. 2.

   Quantitative Aptitude

   Find the simple interest on AED 4,000 at 10% per annum for 5 year(s).

   Formula:Simple Interest

   $SI = \dfrac{P\times R\times T}{100}$

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3. 3.

   Quantitative Aptitude

   The marked price of an item is AED 500. After a 10% discount, find the selling price.

   Formula:Discount & Selling Price

   $SP = MP\left(1-\dfrac{d}{100}\right)$

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4. 4.

   Quantitative Aptitude

   A vehicle covers 204 km in 4 hours. Find its average speed.

   Formula:Speed, Distance & Time

   $\text{Speed} = \dfrac{\text{Distance}}{\text{Time}}$

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5. 5.

   Quantitative Aptitude

   What is 50% of 100?

   Formula:Percentage of a Number

   $\text{Value} = \dfrac{P}{100}\times N$

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6. 6.

   Quantitative Aptitude

   Find the HCF and LCM of 40 and 24.

   Formula:LCM & HCF

   $\text{LCM}\times\text{HCF} = a\times b$

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7. 7.

   Quantitative Aptitude

   In how many ways can 3 objects be arranged out of 9 distinct objects? (Find ⁿᴘᵣ for n = 9, r = 3.)

   Formula:Permutations

   $^{n}P_{r} = \dfrac{n!}{(n-r)!}$

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8. 8.

   Quantitative Aptitude

   A can finish a job in 18 days and B in 14 days. Working together, how long will they take?

   Formula:Time & Work (combined)

   $T = \dfrac{xy}{x+y}$

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9. 9.

   Quantitative Aptitude

   A invests AED 9,000 and B invests AED 6,000 for the same period. If the total profit is AED 29,000, find A's share.

   Formula:Partnership (profit share)

   $\text{Share}_A = \text{Profit}\times\dfrac{A}{A+B}$

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10. 10.

    Quantitative Aptitude

    A vehicle covers 720 km in 8 hours. Find its average speed.

    Formula:Speed, Distance & Time

    $\text{Speed} = \dfrac{\text{Distance}}{\text{Time}}$

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11. 11.

    Quantitative Aptitude

    Find the average of these 6 numbers: 70, 47, 64, 86, 38, 79.

    Formula:Arithmetic Mean

    $\bar{x} = \dfrac{\sum x}{n}$

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12. 12.

    Quantitative Aptitude

    Two fair dice are rolled. What is the probability that the sum of the numbers is 6?

    Formula:Probability (two dice)

    $P = \dfrac{\text{favourable}}{\text{total}}$

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13. 13.

    Quantitative Aptitude

    A value changes from 800 to 640. Find the percentage decrease.

    Formula:Percentage Change

    $\%\,\text{change} = \dfrac{|new-old|}{old}\times 100$

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14. 14.

    Quantitative Aptitude

    Find the average of these 10 numbers: 77, 40, 67, 32, 70, 30, 86, 77, 25, 40.

    Formula:Arithmetic Mean

    $\bar{x} = \dfrac{\sum x}{n}$

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15. 15.

    Quantitative Aptitude

    Find the simple interest on AED 43,000 at 10% per annum for 3 year(s).

    Formula:Simple Interest

    $SI = \dfrac{P\times R\times T}{100}$

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16. 16.

    Quantitative Aptitude

    A invests AED 9,000 and B invests AED 5,000 for the same period. If the total profit is AED 23,000, find A's share.

    Formula:Partnership (profit share)

    $\text{Share}_A = \text{Profit}\times\dfrac{A}{A+B}$

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17. 17.

    Quantitative Aptitude

    Pipe A fills a tank in 12 hours and pipe B in 15 hours. If both are opened together, how long to fill the tank?

    Formula:Pipes & Cisterns

    $T = \dfrac{xy}{x+y}$

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18. 18.

    Quantitative Aptitude

    A can finish a job in 11 days and B in 14 days. Working together, how long will they take?

    Formula:Time & Work (combined)

    $T = \dfrac{xy}{x+y}$

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19. 19.

    Quantitative Aptitude

    Find the simple interest on AED 17,000 at 5% per annum for 6 year(s).

    Formula:Simple Interest

    $SI = \dfrac{P\times R\times T}{100}$

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20. 20.

    Quantitative Aptitude

    A vehicle covers 135 km in 3 hours. Find its average speed.

    Formula:Speed, Distance & Time

    $\text{Speed} = \dfrac{\text{Distance}}{\text{Time}}$

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