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Ratio & Proportion Video Lecture | IBPS PO Prelims & Mains Preparation - Bank Exams

FAQs on Ratio & Proportion Video Lecture - IBPS PO Prelims & Mains Preparation - Bank Exams

1. What is the basic concept of Ratio and Proportion?
Ans.Ratio is a relationship between two numbers indicating how many times the first number contains the second. Proportion, on the other hand, is an equation that states two ratios are equal. For example, if we have a ratio of 2:3, it can be expressed in proportion as 2/3 = 4/6.
2. How do you solve problems involving Ratio and Proportion in bank exams?
Ans.To solve Ratio and Proportion problems in bank exams, first identify the given ratios and the unknowns. Set up a proportion equation and cross-multiply to find the missing value. Practice with various types of problems, such as those involving direct and inverse proportions, to build familiarity.
3. What are some common applications of Ratio and Proportion in banking?
Ans.Ratio and Proportion are commonly used in banking for calculating interest rates, loan eligibility, investment ratios, and financial ratios like debt-to-equity ratio. Understanding these concepts helps in making informed financial decisions and analyzing financial statements.
4. Can you provide an example of a Ratio and Proportion problem commonly seen in bank exams?
Ans.An example of a Ratio and Proportion problem is: If the ratio of the ages of A to B is 3:5 and A is 12 years old, how old is B? To solve, set up the proportion 3/5 = 12/B. Cross-multiply to find B, resulting in B = 20 years old.
5. What tips can help in mastering Ratio and Proportion for bank exams?
Ans.To master Ratio and Proportion for bank exams, practice regularly with sample questions, understand the concepts thoroughly, use visual aids like pie charts or bar graphs for clarity, and work on time management to solve problems quickly during the exam.
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