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Banking & Finance · Practice Sheet 34

Sheet code: UAE-BANKING-S34 · 20 questions

Name: ______________
Date: ______________
  1. 1.
    Quantitative Aptitude

    Find the compound interest on AED 13,000 at 10% per annum compounded annually for 2 years.

    Formula:Compound Interest
    A=P(1+R100)TA = P\left(1+\dfrac{R}{100}\right)^{T}
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  2. 2.
    Quantitative Aptitude

    In how many ways can 4 objects be chosen from 8 distinct objects? (Find ⁿᴄᵣ for n = 8, r = 4.)

    Formula:Combinations
    nCr=n!r! (n−r)!^{n}C_{r} = \dfrac{n!}{r!\,(n-r)!}
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  3. 3.
    Quantitative Aptitude

    A invests AED 3,000 and B invests AED 4,000 for the same period. If the total profit is AED 38,000, find A's share.

    Formula:Partnership (profit share)
    ShareA=Profit×AA+B\text{Share}_A = \text{Profit}\times\dfrac{A}{A+B}
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  4. 4.
    Quantitative Aptitude

    The marked price of an item is AED 1,300. After a 10% discount, find the selling price.

    Formula:Discount & Selling Price
    SP=MP(1−d100)SP = MP\left(1-\dfrac{d}{100}\right)
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  5. 5.
    Quantitative Aptitude

    Find the simple interest on AED 6,000 at 4% per annum for 2 year(s).

    Formula:Simple Interest
    SI=P×R×T100SI = \dfrac{P\times R\times T}{100}
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  6. 6.
    Quantitative Aptitude

    An item is bought for AED 500 and sold for AED 575. Find the profit percentage.

    Formula:Profit Percentage
    Profit%=SP−CPCP×100\text{Profit\%} = \dfrac{SP-CP}{CP}\times 100
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  7. 7.
    Quantitative Aptitude

    Find the HCF and LCM of 7 and 8.

    Formula:LCM & HCF
    LCM×HCF=a×b\text{LCM}\times\text{HCF} = a\times b
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  8. 8.
    Quantitative Aptitude

    Find the simple interest on AED 8,000 at 8% per annum for 4 year(s).

    Formula:Simple Interest
    SI=P×R×T100SI = \dfrac{P\times R\times T}{100}
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  9. 9.
    Quantitative Aptitude

    An item is bought for AED 900 and sold for AED 1,035. Find the profit percentage.

    Formula:Profit Percentage
    Profit%=SP−CPCP×100\text{Profit\%} = \dfrac{SP-CP}{CP}\times 100
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  10. 10.
    Quantitative Aptitude

    A invests AED 10,000 and B invests AED 3,000 for the same period. If the total profit is AED 22,000, find A's share.

    Formula:Partnership (profit share)
    ShareA=Profit×AA+B\text{Share}_A = \text{Profit}\times\dfrac{A}{A+B}
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  11. 11.
    Quantitative Aptitude

    What is 30% of 700?

    Formula:Percentage of a Number
    Value=P100×N\text{Value} = \dfrac{P}{100}\times N
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  12. 12.
    Quantitative Aptitude

    The sum of the ages of two people is 94 years, and one is 16 years older than the other. Find their ages.

    Formula:Ages (linear equations)
    x+(x+d)=Sx + (x+d) = S
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  13. 13.
    Quantitative Aptitude

    Two varieties costing AED 30 and AED 80 per kg are mixed to give a mixture worth AED 66 per kg. Find the mixing ratio.

    Formula:Alligation (Mixtures)
    q1q2=p2−mm−p1\dfrac{q_1}{q_2} = \dfrac{p_2-m}{m-p_1}
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  14. 14.
    Quantitative Aptitude

    A value changes from 300 to 150. Find the percentage decrease.

    Formula:Percentage Change
    % change=∣new−old∣old×100\%\,\text{change} = \dfrac{|new-old|}{old}\times 100
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  15. 15.
    Quantitative Aptitude

    The sum of the ages of two people is 71 years, and one is 15 years older than the other. Find their ages.

    Formula:Ages (linear equations)
    x+(x+d)=Sx + (x+d) = S
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  16. 16.
    Quantitative Aptitude

    Divide AED 621 between two people in the ratio 2:7. How much does each receive?

    Formula:Sharing in a Ratio
    Share=Total×partsum of parts\text{Share} = \text{Total}\times\dfrac{\text{part}}{\text{sum of parts}}
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  17. 17.
    Quantitative Aptitude

    What is 25% of 1,140?

    Formula:Percentage of a Number
    Value=P100×N\text{Value} = \dfrac{P}{100}\times N
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  18. 18.
    Quantitative Aptitude

    Find the compound interest on AED 17,000 at 10% per annum compounded annually for 3 years.

    Formula:Compound Interest
    A=P(1+R100)TA = P\left(1+\dfrac{R}{100}\right)^{T}
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  19. 19.
    Quantitative Aptitude

    Find the average of these 10 numbers: 77, 75, 71, 72, 31, 35, 27, 31, 89, 82.

    Formula:Arithmetic Mean
    xˉ=∑xn\bar{x} = \dfrac{\sum x}{n}
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  20. 20.
    Quantitative Aptitude

    In how many ways can 4 objects be arranged out of 6 distinct objects? (Find ⁿᴘᵣ for n = 6, r = 4.)

    Formula:Permutations
    nPr=n!(n−r)!^{n}P_{r} = \dfrac{n!}{(n-r)!}
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