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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