Quantitative Aptitude Solutions for the CAFC May 24 Prelim II exam provide detailed answers and explanations for various mathematical problems. This resource is ideal for candidates preparing for competitive exams, focusing on topics such as index numbers, interest calculations, and algebraic equations. It includes solutions to multiple-choice questions covering a wide range of quantitative skills necessary for success in the exam. The material is structured to enhance understanding and improve problem-solving abilities for aspiring candidates.

Key Points

  • Includes solutions for quantitative aptitude questions from the CAFC May 24 Prelim II exam
  • Covers topics such as interest calculations, index numbers, and algebra
  • Provides detailed explanations for each answer to enhance understanding
  • Ideal for candidates preparing for competitive exams in quantitative reasoning
Ishwari Sarnekar
9 pages
Language:English
Type:Solution Manual
Accounting
Ishwari Sarnekar
9 pages
Language:English
Type:Solution Manual
Accounting
180
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Date: 4
th
June, 2024 Marks: 100
Hour: 2 Hours Roll No. : ______
(1) 11, 180, 301, 350, ?, 384
(a) 375 (b) 380 (c) 366 (d) 377
(e) 370
(2) Find the Paasche’s index number for prices from the following data taking 1975
as the base year.
Commodity
1970
1975
Price
Commodity
Price
Commodity
A
1
6
3
5
B
3
5
8
5
C
4
8
10
6
(a) 261.36 (b) 38.40 (c) 40.38 (d) 282.20
(3) If
󰇛
󰇜
 and 󰇛 󰇜 be any three consecutive terms of an A.P. then the value
of is :
(a) 3 (b) 0 (c) 1 (d) 2
(4) 99% confidence limits for population mean are :
(a)  (b)  (c)  (d) None of these
(5) The rates of simple interest in two banks A & B are in the ratio 5 : 4. A person
wants to deposit his total savings in two banks such that he received equal half
yearly interest from both. He should deposit the savings in banks A & B in the ratio.
(a) 5 : 2 (b) 2 : 5 (c) 4 : 5 (d) 5 : 4
(6) A certain sum amounts to ₹ 7,300 in 2 years & to ₹ 8,575 in 3 years compounded
annually. Find the sum
(a) ₹ 5,400 (b) ₹ 5,290 (c) ₹ 5,600 (d) ₹ 5,700
(7) Net monthly salary of an employee was ₹ 3,000. The consumer price index
number in 1985 is 250 with 1980 as base year. If he has to be rightly compensated
then the additional dearness allowance to be paid to the employee is :
(a) ₹ 4,000 (b) ₹ 4,800 (c) ₹ 5,500 (d) ₹ 4,500
(8) 15L of a mixture contains 20% alcohol & the rest water. If 3L of water be mixed in
it. The percentage of alcohol in the new mixture will be :
(a) 15 (b) 
(c) 17 (d) 
(9) If  are in G.P., then    are in :
(a) A.P. (b) G.P. (c) H.P. (d) None
(10) The cost of three pens, five pencils and two books is ₹ 68. The cost of six pens,
seven pencils and four books is ₹ 121. The cost of nine pens, fifteen pencils and six
books is ₹ 204. Find the cost of each book.
(a) ₹ 7 (b) ₹ 11
(c) ₹ 5 (d) Cannot be determined
(11) In how many years will sum of money double itself at 12% simple interest per
annum?
(a) 6 years 9 months (b) 7 years 6 months
(c) 8 years 3 months (d) 8 years 4 months
(12) Find the value of p for which the quadratic equation
󰇛

󰇜
has equal roots:
(a) 
(b) 3, 5 (c) 
(d)
(13) If the price of a commodity in a place has decreased by 30% over the base period
prices, then the index number of the place is :
(a) 30 (b) 60 (c) 70 (d) 80
(14) If
and  then the value of
is :
(a) 64 (b) 128 (c) 184 (d) 194
(15) The 6
th
and 8
th
terms of an A.P. are 12 and 22 respectively its 2
nd
term is :
(a) 8 (b) -8 (c) 6 (d) -3
(16) ‘A’ started from his house and walked 20 m towards East, where his friend ‘B’
jointed him. They together walked 10 m in the same direction. Then ‘A’ turned left
while ‘B’ turned right and travelled 2 m and 8 m respectively. Again ‘B’ turned left
to travel 4 m followed by 5 m to his right to reach his office. ‘A’ turned right and
travelled 12 m to reach his office. What is the shortest distance between the two?
(a) 15 m (b) 17 m (c) 19 m (d) 20 m
(17) If the sides of a triangle are in the ratio of
& its perimeter is 104 cm. the
length of longest side is ?
(a) 52 cm (b) 48 cm (c) 32 cm (d) 26 cm
(18) A simple random sample of size 10 is drawn without replacement from a universe
containing 85 units. If the mean 90 and S.D. 4 is obtained from the sample, what is
the estimate of the standard error of sample mean?
(a) 0.1176 (b) 0.58 (c) 1.19 (d) 1.26
(19) An index time series is a list of __________ number of two or more period of time,
where each index number employs the same base y can
(a) Index (b) Absolute (c) Relative (d) Sample
(20) What should be the least number of years in which the simple interest on ₹ 2,600
at
will be exact number of rupees?
(a) 2 (b) 3 (c) 4 (d) 5
(21) If
 to infinity then 
(a)

(b)

(c)

(d)

(22) Location of B is north of A and location of C is east of A. The distances AB and AC
are 5 km and 12 km respectively. The shortest distance (in km) between the
locations B and C is :
(a) 60 (b) 13 (c) 17 (d) 7
(23) The SI on ₹ 1820 from March 9, 1994 to May 21, 1994 at
rate will be
(a) ₹ 29 (b) ₹ 28.80 (c) ₹ 27.30 (d) ₹ 22.50
(24) Two friends X and Y start running and they run together for 50 m in the same
direction and reach a point. X turns right and runs 60 m, while y turns left and
runs 40 m. Then X turns left and runs 50 m and stops, while Y turns right and runs
50 m and then stops. How far are the two friends from each other now?
(a) 100 m (b) 90 m (c) 60 m (d) 50 m
(25) A woman runs 12 km towards her North, then 6 km towards her South and then 8
km towards her East. In which direction is she from her starting point?
(a) An angle less than 
South of East (b) An angle less than 
North of East
(c) An angle more than 
South of East (d) An angle more than 
North of East
(26) Sakthi was standing facing a pole at the early morning after sunrise, when the
shadow of the pole fell to his right means which direction was she facing?
(a) East (b) West (c) North (d) South
(27) If with an increase of 10% in prices, the rise in wages is 20% then the real wage
has increased by
(a) 20% (b) 10% (c) Less than 10% (d) More than 10%
(28) Dheeraj has twice as many sisters as he has brothers. If Deepa, Dheeraj’s sister
has the same number of brothers as she has sisters, then Deepa has how many
brothers?
(a) 2 (b) 3 (c) 4 (d) 6
(29) If RAMON is written as 12345 and DINESH as 675849, then HAMAM will be
written as
(a) 92233 (b) 92323 (c) 93322 (d) 93232
(30) If three squares are chosen on a chess board, the chance that they should be in a
diagonal line is :
(a)

(b)

(c)

(d)


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End of Document
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Quantitative Aptitude Solutions - CAFC May 24 Prelim II — Date: 4

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FAQs

what are the quantitative aptitude solutions for CAFC May 24 Prelim II

The quantitative aptitude solutions for CAFC May 24 Prelim II provide detailed answers to various mathematical problems relevant to the exam.

  • Includes solutions for numerical reasoning, data interpretation, and mathematical concepts.
  • Helps candidates understand problem-solving techniques.
  • Offers step-by-step explanations for clarity.

how to prepare for quantitative aptitude in CAFC May 24 Prelim II

Preparing for quantitative aptitude in CAFC May 24 Prelim II involves understanding key concepts and practicing various types of problems.

  • Review basic mathematical concepts such as percentages, ratios, and averages.
  • Practice previous years' question papers and mock tests.
  • Focus on time management and accuracy during practice.

what topics are covered in CAFC May 24 Prelim II quantitative aptitude

The CAFC May 24 Prelim II quantitative aptitude section covers a range of topics essential for candidates.

  • Arithmetic: percentages, profit and loss, and simple interest.
  • Algebra: equations and inequalities.
  • Geometry: area, volume, and basic shapes.
  • Data interpretation: charts, graphs, and tables.

how to solve quantitative aptitude questions in CAFC May 24 Prelim II

To effectively solve quantitative aptitude questions in CAFC May 24 Prelim II, follow a structured approach.

  • Read the question carefully to understand what is being asked.
  • Identify the relevant formulas and concepts.
  • Break down complex problems into simpler parts.
  • Check your answers for accuracy.

what are the key formulas for CAFC May 24 Prelim II quantitative aptitude

Key formulas for CAFC May 24 Prelim II quantitative aptitude include essential mathematical concepts.

  • Percentage: Value = (Percentage/100) × Total
  • Simple Interest: SI = (Principal × Rate × Time)/100
  • Area of a Circle: A = πr²
  • Volume of a Cylinder: V = πr²h

what are the common mistakes in quantitative aptitude for CAFC May 24 Prelim II

Common mistakes in quantitative aptitude for CAFC May 24 Prelim II can hinder performance.

  • Misreading questions, leading to incorrect answers.
  • Neglecting to double-check calculations.
  • Underestimating the time required for complex problems.
  • Forgetting to apply the correct formulas.

how to improve speed in quantitative aptitude for CAFC May 24 Prelim II

Improving speed in quantitative aptitude for CAFC May 24 Prelim II requires practice and strategy.

  • Regularly practice timed mock tests to build speed.
  • Learn shortcuts and tricks for calculations.
  • Focus on high-frequency question types to maximize efficiency.
  • Analyze performance to identify and work on weak areas.

what is the importance of quantitative aptitude in CAFC May 24 Prelim II

Quantitative aptitude is crucial for CAFC May 24 Prelim II as it assesses mathematical skills essential for problem-solving.

  • Helps in evaluating logical reasoning and analytical abilities.
  • Plays a significant role in scoring well in competitive exams.
  • Enhances decision-making skills in real-life scenarios.