Directions How to Answer

Aptitude Test Topic: Problem Solving

Quantitative questions without Geometry and Data Interpretation.

This section of the test evaluate your understanding of simple arithmetic and mathematical logic based on the arithmetic.

Directions

Solve each problem and indicate the best of the answer choices given.

Numbers

All numbers used are real numbers.

Figures

Figures are drawn as accurately as possible EXCEPT when it is stated in a specific problem that its figure is not drawn to scale. Straight lines may sometimes appear jagged. All figures lie on a plane unless otherwise indicated.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Problem Solving: Interest Practice MCQ

Question Statement:

A man invests Rs. 2500 in two banks. One bank pays 8% interest and the other pays 10%. The total interest earned amounts to Rs. 230. How much amount was in the bank paying 10% interest?

Rs. 1500

Rs. 2000

Rs. 3000

Rs 500

Explanation:

Correct Answer: A

Let the amount invested in the bank that pays 10% interest.

Then the amount invested in the bank that pays 8% interest = 2500 - T

Total Interest = 10% interest on T + 8% interest on (2500 - T) = 230

Total interest = T × $\frac{10}{100}$ + (2500 - T) × $\frac{8}{100}$ = 230

10T + 2500 × 8 - 8T = 230 × 100 by multiplying the equation by 100

2T + 20000 = 23000

2T = 23000 - 20000 = 3000

T = $\frac{3000}{2}$ = 1500

Question: 10 Test: 1 of 2 Next Test

Tests

You are taking Aptitude Test No. 1

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 10 and Test Number 1 of Problem Solving: Interest. To deal with Problem Solving questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: A man invests Rs. 2500 in two banks. One bank pays 8% interest and the other pays 10%. The total int .... with options: Rs. 1500 , Rs. 2000 , Rs. 3000 , Rs 500 can be solved with the concepts and understanding of Problem Solving.