Arithmetic Aptitude MCQ & Objective Questions
Arithmetic Aptitude is a crucial component of many school and competitive exams in India. Mastering this subject not only enhances your mathematical skills but also boosts your confidence in tackling objective questions. Regular practice with MCQs and practice questions helps you identify important questions and improves your exam preparation, ensuring you score better in your assessments.
What You Will Practise Here
Basic arithmetic operations: addition, subtraction, multiplication, and division
Fractions and decimals: conversion and operations
Percentage calculations: increase, decrease, and comparisons
Ratio and proportion: understanding and application
Averages: calculating and interpreting data
Simple and compound interest: formulas and problem-solving
Time, speed, and distance: concepts and related problems
Exam Relevance
Arithmetic Aptitude is a significant topic in various examinations, including CBSE, State Boards, NEET, and JEE. Students can expect questions that test their understanding of basic concepts, calculations, and problem-solving abilities. Common question patterns include direct application of formulas, word problems, and data interpretation, making it essential to practice thoroughly.
Common Mistakes Students Make
Misunderstanding the question requirements, leading to incorrect answers.
Overlooking the order of operations in complex calculations.
Confusing percentages with fractions, resulting in calculation errors.
Neglecting to convert units properly in time, speed, and distance problems.
Failing to apply the correct formula for interest calculations.
FAQs
Question: What are some effective strategies for solving Arithmetic Aptitude MCQs?Answer: Practice regularly, understand the underlying concepts, and familiarize yourself with different question types to enhance your speed and accuracy.
Question: How can I improve my speed in solving Arithmetic Aptitude questions?Answer: Time yourself while practicing and focus on shortcuts and tricks that can simplify calculations.
Start your journey towards mastering Arithmetic Aptitude today! Solve practice MCQs and test your understanding to ensure you are well-prepared for your exams. Your success is just a question away!
Q. If the Banker's Discount on a bill of $800 is $16, what is the rate of interest for 4 months?
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Solution
Rate = (BD x 100) / (Principal x Time) = (16 x 100) / (800 x 4/12) = 6%
Correct Answer:
B
— 6%
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Q. If the Banker's Discount on a bill of Rs. 20000 due in 6 months at 10% is Rs. 1000, what is the true discount?
A.
Rs. 800
B.
Rs. 1000
C.
Rs. 1200
D.
Rs. 600
Show solution
Solution
True Discount = Banker's Discount × (Time / (Time + 1)) = 1000 × (0.5 / (0.5 + 1)) = Rs. 666.67.
Correct Answer:
A
— Rs. 800
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Q. If the Banker's Discount on a bill of Rs. 22000 due in 5 months at 6% is Rs. 550, what is the true discount?
A.
Rs. 500
B.
Rs. 550
C.
Rs. 600
D.
Rs. 450
Show solution
Solution
True Discount = Banker's Discount × (Time / (Time + 1)) = 550 × (5/12) = Rs. 229.17.
Correct Answer:
A
— Rs. 500
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Q. If the Banker's Discount on a bill of Rs. 8000 due in 1 year at 12% is Rs. 960, what is the true discount?
A.
Rs. 800
B.
Rs. 960
C.
Rs. 720
D.
Rs. 640
Show solution
Solution
True Discount = Banker's Discount × (Time / (Time + 1)) = 960 × (1 / (1 + 1)) = Rs. 480.
Correct Answer:
C
— Rs. 720
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Q. If the Banker's Discount on a bill of Rs. 8000 due in 3 months at 12% per annum is Rs. 80, what is the effective interest rate?
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Solution
Effective Interest = (Banker's Discount / Face Value) * (12 / Time) = (80 / 8000) * (12 / 3) = 4%
Correct Answer:
B
— 4%
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Q. If the Banker's Discount on a bill of Rs. 8000 due in 6 months at 12% per annum is Rs. 480, what is the true discount?
A.
Rs. 400
B.
Rs. 480
C.
Rs. 600
D.
Rs. 500
Show solution
Solution
True Discount = Banker's Discount * (Time / (Time + 1)) = 480 * (6/12) = Rs. 240.
Correct Answer:
A
— Rs. 400
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Q. If the Banker's Discount on a bill of Rs. 8000 due in 6 months at 12% per annum is Rs. 480, what is the actual amount received?
A.
Rs. 7520
B.
Rs. 8000
C.
Rs. 7520
D.
Rs. 7520
Show solution
Solution
Actual Amount = Face Value - Banker's Discount = 8000 - 480 = Rs. 7520
Correct Answer:
A
— Rs. 7520
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Q. If the Banker's Discount on a loan of $10000 for 1 year at 10% is $1000, what is the total amount to be paid back?
A.
$9000
B.
$10000
C.
$11000
D.
$12000
Show solution
Solution
Total amount = Principal + Banker's Discount = 10000 + 1000 = $11000.
Correct Answer:
C
— $11000
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Q. If the Banker's Discount on a loan of $10000 for 1 year at 9% is $900, what is the effective interest rate?
A.
8%
B.
9%
C.
10%
D.
11%
Show solution
Solution
Effective Interest Rate = (Banker's Discount / Principal) × 100 = (900 / 10000) × 100 = 9%.
Correct Answer:
B
— 9%
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Q. If the Banker's Discount on a loan of $3000 is $90 for 3 months, what is the rate of interest?
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Solution
Rate = (BD x 100) / (Principal x Time) = (90 x 100) / (3000 x 3/12) = 12%
Correct Answer:
A
— 6%
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Q. If the banker's discount on a sum due in 1 year is $150 at 10% per annum, what is the present worth?
A.
$1350
B.
$1400
C.
$1450
D.
$1500
Show solution
Solution
Banker's Discount = P × R × T / 100. 150 = P × 10 × 1 / 100. P = $1500.
Correct Answer:
A
— $1350
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Q. If the banker's discount on a sum due in 3 years is $300 at 5% per annum, what is the present worth?
A.
$1800
B.
$2000
C.
$2200
D.
$2400
Show solution
Solution
Banker's Discount = P × R × T / 100. 300 = P × 5 × 3 / 100. P = $2000.
Correct Answer:
C
— $2200
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Q. If the Banker's Discount on a sum of $10000 for 1 year at 10% is $1000, what is the maturity amount?
A.
$11000
B.
$12000
C.
$10000
D.
$9000
Show solution
Solution
Maturity Amount = Principal + Banker's Discount = 10000 + 1000 = $11000.
Correct Answer:
A
— $11000
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Q. If the Banker's Discount on a sum of $1500 for 1 year at 9% is $135, what is the effective interest rate?
A.
9%
B.
10%
C.
11%
D.
12%
Show solution
Solution
Effective Interest Rate = (Banker's Discount / Principal) × 100 = (135 / 1500) × 100 = 9%.
Correct Answer:
A
— 9%
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Q. If the Banker's Discount on a sum of $2500 for 1 year at 6% is $150, what is the effective interest rate?
Show solution
Solution
Effective Interest Rate = (Banker's Discount / Principal) × 100 = (150 / 2500) × 100 = 6%.
Correct Answer:
A
— 6%
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Q. If the Banker's Discount on a sum of $3000 for 4 years at 8% is $960, what is the principal amount?
A.
$4000
B.
$3000
C.
$5000
D.
$6000
Show solution
Solution
Banker's Discount = Principal x Rate x Time; 960 = Principal x 8/100 x 4; Principal = $3000.
Correct Answer:
B
— $3000
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Q. If the Banker's Discount on a sum of $3000 for 5 years at 8% is $1200, what is the actual amount received?
A.
$1800
B.
$2400
C.
$3000
D.
$1200
Show solution
Solution
Actual Amount = Principal - Banker's Discount = 3000 - 1200 = $1800.
Correct Answer:
B
— $2400
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Q. If the Banker's Discount on a sum of $3000 for 5 years at 8% per annum is $1200, what is the total amount due?
A.
$4200
B.
$3000
C.
$3600
D.
$4800
Show solution
Solution
Total Amount Due = Principal + Banker's Discount = 3000 + 1200 = $4200.
Correct Answer:
A
— $4200
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Q. If the Banker's Discount on a sum of $4000 for 1 year at 5% is $200, what is the total amount to be paid?
A.
$4200
B.
$4000
C.
$3800
D.
$4500
Show solution
Solution
Total Amount = Principal + Banker's Discount = 4000 + 200 = $4200.
Correct Answer:
A
— $4200
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Q. If the Banker's Discount on a sum of $4000 for 1 year at 9% is $360, what is the effective interest rate?
A.
9%
B.
10%
C.
11%
D.
12%
Show solution
Solution
Effective Interest Rate = (Banker's Discount / Principal) × 100 = (360 / 4000) × 100 = 9%.
Correct Answer:
A
— 9%
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Q. If the Banker's Discount on a sum of $5000 for 1 year at 12% per annum is calculated, what is the amount?
A.
$600
B.
$500
C.
$700
D.
$400
Show solution
Solution
Banker's Discount = 5000 x 12/100 x 1 = $600.
Correct Answer:
A
— $600
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Q. If the Banker's Discount on a sum of $5000 for 3 years at 12% per annum is calculated, what is the amount?
A.
$1800
B.
$1200
C.
$1500
D.
$2000
Show solution
Solution
Banker's Discount = 5000 × 12/100 × 3 = $1800.
Correct Answer:
B
— $1200
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Q. If the Banker's Discount on a sum of $5000 for 3 years at 8% per annum is calculated, what is the amount?
A.
$1200
B.
$1500
C.
$1000
D.
$800
Show solution
Solution
Banker's Discount = 5000 × 8/100 × 3 = $1200.
Correct Answer:
B
— $1500
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Q. If the Banker's Discount on a sum of $8000 for 5 years at 6% is $2400, what is the actual amount received?
A.
$5600
B.
$6400
C.
$6000
D.
$7200
Show solution
Solution
Actual Amount = Principal - Banker's Discount = 8000 - 2400 = $5600.
Correct Answer:
B
— $6400
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Q. If the Banker's Discount on a sum of $8000 for 5 years at 8% is calculated, what is the total discount?
A.
$3200
B.
$4000
C.
$4800
D.
$6000
Show solution
Solution
Banker's Discount = 8000 × 8/100 × 5 = $3200.
Correct Answer:
A
— $3200
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Q. If the Banker's Discount on a sum of $8000 for 5 years at 8% per annum is calculated, what is the discount?
A.
$3200
B.
$4000
C.
$2400
D.
$1600
Show solution
Solution
Banker's Discount = 8000 × 8/100 × 5 = $3200.
Correct Answer:
C
— $2400
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Q. If the Banker's Discount on a sum of $8000 for 5 years at 8% per annum is calculated, what is the amount?
A.
$3200
B.
$4000
C.
$4800
D.
$6000
Show solution
Solution
Banker's Discount = 8000 × 8/100 × 5 = $3200.
Correct Answer:
A
— $3200
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Q. If the bankers discount on a sum of $8000 for 1 year at 12% is $960, what is the present value?
A.
$7040
B.
$7048
C.
$7200
D.
$7208
Show solution
Solution
Present Value = Principal - Bankers Discount = 8000 - 960 = $7040.
Correct Answer:
A
— $7040
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Q. If the bankers' discount on a bill is Rs. 400 and the time is 1 year at a rate of 8% per annum, what is the face value of the bill?
A.
Rs. 5000
B.
Rs. 6000
C.
Rs. 7000
D.
Rs. 8000
Show solution
Solution
Face Value = BD / (Rate × Time) = 400 / (0.08 × 1) = Rs. 5000.
Correct Answer:
B
— Rs. 6000
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Q. If the bankers' discount on a bill is Rs. 400 and the time is 4 months, what is the face value of the bill at the rate of 12% per annum?
A.
Rs. 4000
B.
Rs. 5000
C.
Rs. 6000
D.
Rs. 7000
Show solution
Solution
Face Value = BD / (Rate × Time) = 400 / (12 × 4/12) = Rs. 5000.
Correct Answer:
B
— Rs. 5000
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