Description

AB Microfinance Bank Nigeria Aptitude Test Past Questions

This AB Microfinance Bank Nigeria Past Questions study pack  helps you to prepare for AB Microfinance Bank Nigeria graduate trainee assessments. It helps you familiarize with the kind of questions you will face in the test using actual questions from previous exams.

AB Microfinance Bank Nigeria uses aptitude assessments as part of their multi-stage assessment procedures for the selection and development of staff. Research has shown that they are powerful predictors of performance at work. The test is usually conducted by the in-house recruitment department or out-sourced to recruitment companies like solid hire, mettl or workforce group.

General format for AB Microfinance Bank Nigeria Aptitude Test:

The first stage of the test is conducted online, and covers areas like

1. Math/problem solving, 30 questions
2. English/Verbal reasoning – 20 questions

The timing is subject to change every year.

This study pack helps you find out more about your strengths and areas you need to improve on.

Sample questions for AB Microfinance Bank Nigeria

MATHEMATICS

1. A trader bought 100 oranges at 5 for N1.20, 20 oranges got spoilt and the remaining were sold at 4 for N1.50. Find the percentage gain or loss.
A. 30% gain
B. 25% gain
C. 30% loss
D. 25% loss
Answer: B
Explanation
Cost price (cp) = (100/5) x N1.20 =N24.00
Selling price (sp) = 100-20 = 80
(80/4) x N1.50 = N30.00
Gain = SP-CP = N30.00-N24.00 = N6.00
Gain% = (gain/CP) x 100 = 25%

2. What is the answer when 24346
is divided by 426?
A. 236
B. 356
C. 526
D. 556
Answer: B
Explanation
Hint: Two methods can be used;
1. Direct division (if you know division in number bases)
2. Convert both sides to base 10, divide and convert your answer back to base 6. Your answer should be 356

24346
to base 10

2 × 63+ 4 × 62 + 3 ×61 + 4 ×60
2 × 216 + 4 ×36 + 3 × 6 + 4 × 1
432 + 144 + 18 + 4 = 598

And: 426
to base 10
4 × 61 + 2 × 60
4 × 6 + 2 ×1
24 + 2 = 26

Then divide 598 by 26
= 23
then convert 2310
to base 6

6 23
6 3 r 5
6 0 r 3
2310
= 356

3. If 29 x (Y3)9 = 35 x (Y3)5
, find the value of Y.
A. 4
B. 3
C. 2
D. 1
Answer: D
Explanation
(2 x 9 0
) (3 x 9 1
+ Y x 90
) = (3 x 5 0
)(3 x 51
+ Y x 50).

(2 * 1)(3 *9 + y) = (3 * 1)(3 * 5 + y)

2(27+y) = 3(15 + y)

54 + 2y= 45 + 3y

54 – 45 = 3y – 2y

y=9

4. The sum of two numbers is twice their difference. If the difference of the numbers is P, find the larger of the two numbers
A. p/2
B. 3p/2
C. 5p/2
D. 3p
Answer: B
Explanation
Let the numbers be x and y
x+y = 2p…..(i)
x-y = p……(ii)
2x = 3p
x = 3p/2

5. A binary operation * is defined by a*b = ab+a+b for any real number a and b. if the identity element is zero, find the inverse of 2 under this operation.
A. 2/3
B. 1/2
C. -1/2
D. -2/3
Answer: D
Explanation
a∗a−1=aa−1+a+a−1=e
if e = 0
2.2−1+2+2−1=0
collecting like terms, we have:
3.2−1+2=0
= 2−1
= -2/3

ENGLISH LANGUAGE

Choose the option that best conveys the meaning of the underlined portion in the following sentence;

1. His jail terms were to run concurrently
A. simultaneously
B. uniformly
C. laboriously
D. consecutively
E. judiciously
Answer: A