Indian Bank LBO study materials
Indian Bank LBO study resources

Indian Bank LBO: Quantitative Aptitude / Numerical Ability

Indian Bank LBO · Work through your exam, one topic at a time.

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Quantitative Aptitude / Numerical Ability

Quantitative Aptitude / Numerical Ability

This section tests numerical fluency across simplification/approximation, number series, quadratic equations, arithmetic and data interpretation. Indian Bank LBO-level questions are usually moderate, so accuracy and choosing the short method matter more than long division.

Core rules

  • Simplification: Use BODMAS and approximate only when options are far apart. Convert percentages to fractions (12.5% = 1/8, 16.66% = 1/6).
  • Number series: Check differences, then ratios, then squares/cubes, then alternating or mixed patterns. Do not force one pattern beyond two steps.
  • Arithmetic: For profit/loss, keep cost price as 100. For successive percentage changes, use net change = a + b + ab/100. For SI, I = PRT/100; for CI, A = P(1 + r/100)^t.
  • Data interpretation: Read units and years first; calculate only what the question asks.

Worked example

A shopkeeper marks an article 40% above cost and allows a 25% discount. Find profit percent.

Let CP = 100. MP = 140. SP = 140 × (1 − 0.25) = 105. Profit = 105 − 100 = 5, so profit% = 5/100 × 100 = 5%. A common wrong method is 40% − 25% = 15%; discount is on MP, not CP, so percentages cannot be added directly.

Traps

  • Applying discount to CP instead of MP.
  • Using the SI formula for CI.
  • Rounding too early in approximation.
  • Missing 'per annum' vs 'per month' in interest.
  • In DI, comparing absolute values when the question asks for percentage share.