1000+ Commercial Bank of Ethiopia Exam Question and Answer Pdf - 1

Question: 1

What percentage of numbers from 1 to 70 has squares that end in the digit 1?

(A) 14

(B) 16

(C) 18

(D) 20

Ans: D

Number that ends with 1 or 9 when squared we get the result ending with digit 1.

Therefore, every 10 consecutive numbers consists of two such numbers whose square ends with digit 1.

Here 1, 9, 11, 19, 21, 29, 31, 39, 41, 49, 51, 59, 61, 69 are the numbers.

∴ Percentage of such numbers = $${14}/{70} × 100$$ = 20%.

Question: 2

When the price of a product was decreased by 10%, the number sold increased by 30%. What was the effect on the total revenue?

(A) 10%

(B) 17%

(C) 18%

(D) 20%

Ans: B

Let the original price of commodity be Rs. x

Due to decrease in price by 10%, new price = 0.9x.

Selling quantity increased by 30%

∴ Effect on revenue = 0.9x × 1.3 = 1.17x

∴ Selling of commodity increased by 17%.

Effect on revenue = (-10 + 30 - 3)% = 17%.

Question: 3

In a class of 70% of the students read Hindi 40% of the students are boys and 20% of the girls do not read Hindi. Then what percentage of boys will read Hindi?

(A) 16%

(B) 22%

(C) 36%

(D) 55%

Ans: D

The students who do not read Hindi = 100 - 70 = 30

Number of boys = 40; Number of girls = 60

Number of girls who does not read Hindi = 20% of 60 = 12

Number of boys who does not read Hindi = 30 - 12 = 18

∴ No. of boys who reads Hindi = 40 – 18 = 22

∴ Percentage of boys who read Hindi = $${22}/{40}$$ × 100 = 55%.

Question: 4

Anil’s monthly income is 30% more than Ashok’s. Ashok’s monthly income is 10% less than Manoj’s. If the difference between the monthly income of Anil and Manoj is Rs. 1360, what is the monthly income of Ashok?

(A) Rs. 8100

(B) Rs. 9000

(C) Rs. 7200

(D) Rs. 9000

Ans: C

Let the monthly income of Manoj be 100.

∴ Ashok’s income = $${90}/{100}× 100$$ = 90

Monthly income of Anil = $${130}/{100} × 90$$ = Rs. 117

Difference between income of Anil and Manoj = 117 - 100 = Rs. 17

∴ Monthly income of Ashok for a difference in salary of Rs. 1360

= $${90}/ {17} × 1360$$ = Rs. 7200.

Question: 5

Rohit spends 40% of his salary on food, 20% on house rent, 10% on entertainment and 10% on conveyance. If his savings at the end of a month are Rs. 1500, then his monthly salary is

(A) Rs. 6000

(B) Rs. 6500

(C) Rs. 7000

(D) Rs. 7500

Ans: D

Rohit spends for foods = 40%

Rohit spends for rent = 20%

Rohit spends for entertainment = 10%

Rohit spends for conveyance = 10%

Total = 80%

∴ Savings = 100 – 80 = 20% of his salary = 1500

∴ His monthly salary = $${1500} / {20/100}$$ = $$1500 × {100}/ {20}$$ = Rs. 7500

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