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01. In which of the following years did the deposits, when compared to the previous year, show the second highest percentage increase?
A. 2003 B. 2004
C. 2005 D. 2006
E. 2007

Answer and Explanation

Answer: 2004

Explanation:
Percentage growth in 2003 = 5/50 x 100 = 10%
Percentage growth in 2004 = 20/55 x 100 = 36 %
Percentage growth in 2005 = 3/75 x 100 = -4%
Percentage growth in 2006 = 13/72 x 100 = 18%
Percentage growth in 2007 = 60/85 x 100 = 70%
The second highest increase is in 2004

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02. What is the approximate simple average annual growth rate in the number of brances of ABC bank from 2003 to 2007?
A. 100% B. 80%
C. 108% D. 124%
E. 142%

Answer and Explanation

Answer: 124%

Explanation:
Total number of branches in 2003 = 57
 Total number of branches in 2007 = 339
 The growth rate of the number of branches from 2003 to 2007
 339 – 57 / 51 x 100
 Simple average annual growth rate
 Â¼ x (339 – 57)/51 x 100 = ¼ x 282/57 x 100
 124

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03. If there are 12, 650 customers for each branch of the bank both in 2005 and 2007, then what is the percentage increase in the total number of customers of the bank from 2005 to 2007?
A. 86% B. 120%
C. 114.5% D. 108%
E. None of these

Answer and Explanation

Answer: 114.5%

Explanation:
The percentage increase in number of customers is same as the
Percentage increase in number of branches, as the number of
Customers is proportional to the number of branches.
Percentage increase in the number of branches from
2005 to 2007 = 339 – 158 / 158 x 100 = 114.5%

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04. In 2006, if there is an average of 800 customers for each branch of the bank, then what is the average deposits per customer?
A. 26 lakhs B. 50 lakhs
C. 30 lakhs D. 35 lakhs
E. 45 lakhs

Answer and Explanation

Answer: 45 lakhs

Explanation:
Number of customers for the bank in 2006
= 233 x 800 = 1,86,400
Average deposits per customer
85,000 / 1,86,400 = 0.45 crores
45 lakhs

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05. If there is an annual growth of 20% in the total number of branches of the bank from 2007 to 2009, then how many branches did the bank have in 2009?
A. 500  B. 488 
C. 480  D. 470 
E. 510

Answer and Explanation

Answer: 488 

Explanation:
Total number of branches in 2007 = 339
Number of branches in 2009 is 339 x 1.2 x 1.2 = 488

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