1000+ Abyssinia Bank Aptitude Test Questions and Answers Pdf - 1
Question: 1
If the price of gold increases by 30%, find by how much the quantity of ornaments must be reduced so that the expenditure may remain the same as before?
(A) $$23{1}/{13}$$%
(B) $$27{2}/{13}$$%
(C) 19%
(D) 30%
Ans: A
Reduction = $${30}/{100 + 30} × 100$$% = $$23{1}/{13}$$%
Question: 2
The present population of a city is 180000. If it increases at the rate of 10% per annum, its population after 2 years will be
(A) 207800
(B) 217800
(C) 227800
(D) 237800
Ans: A
Population of a city after 2 years
= 180000$$(1 + {10}/{100})$$2 = 217800.
Question: 3
What percentage is equivalent to $$5{1}/{4}$$?
(A) 425%
(B) 525%
(C) 625%
(D) 725%
Ans: B
$$5{1}/{4}$$ = $${21}/{4}$$ = $${21}/{4}$$ × 100 = 525%.
Question: 4
0.35% of a number is equivalent to multiplying it by the number.
(A) 0.0025
(B) 0.0035
(C) 0.0045
(D) 0.0065
Ans: B
0.35% = $$0.35 × {1}/{100}$$ = 0.0035.
Question: 5
A trader marked the selling price of an article at 10% above the cost price. At the time of selling he allows certain discount and suffers a loss of 1%. He allowed a discount of
(A) 9%
(B) 10%
(C) 10.5%
(D) 11%
Ans: B
Let the C.P. of the article be Rs. 100. Then M.P. of the article = Rs. 110.
If the trader has a loss of 1%, it means that the trader sold the article at Rs. 99
∴ % discount = $${110 - 99} / {110} × 100$$ = 10%.
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