Quantitative Aptitude — Formulas, Charts & Concepts for Banking Exams

Banking

🔢 Quantitative Aptitude — Formulas, Charts & Concepts

IBPS PO • IBPS Clerk • SBI PO • SBI Clerk • RBI Grade B • All Banking Exams

📌 Quant Exam Pattern (IBPS PO Pre): 35 questions — 20 min | (IBPS Clerk Pre): 35 questions — 20 min
Sections: Simplification (5–10), Number Series (5), Arithmetic (15–20), Data Interpretation (5–10)

A. SIMPLIFICATION & APPROXIMATION

BODMAS Rule — Order of Operations

B
Brackets
( ) then { } then [ ]
O
Of
(Powers/Exponents)
D
Division
÷
M
Multiplication
×
A
Addition
+
S
Subtraction

Example: 18 ÷ 3 × (4 + 2) − 5² + 1
= 18 ÷ 3 × 6 − 25 + 1  [Brackets first]
= 6 × 6 − 25 + 1  [Division]
= 36 − 25 + 1  [Multiplication]
= 12  [Left to right: 36−25=11, 11+1=12]

Squares, Cubes & Fraction Table — Must Memorise

n√n (approx)n√n (approx)
1111.0001112113313.317
2481.4141214417283.464
39271.7321316921973.606
416642.0001419627443.742
5251252.2361522533753.873
6362162.4491625640964.000
7493432.6461728949134.123
8645122.8281832458324.243
9817293.0001936168594.359
1010010003.1622040080004.472

Fraction ↔ Decimal ↔ Percentage Conversion Chart

FractionDecimal%FractionDecimal%
1/20.550%1/80.12512.5%
1/30.33333.33%3/80.37537.5%
2/30.66766.67%5/80.62562.5%
1/40.2525%7/80.87587.5%
3/40.7575%1/60.166716.67%
1/50.220%5/60.833383.33%
2/50.440%1/90.11111.11%
3/50.660%1/110.09099.09%

B. NUMBER SERIES

Types of Number Series & How to Identify Them

Series TypePatternExampleIdentify by
Arithmetic (AP)Add/subtract constant3, 7, 11, 15, 19 (+4)Constant difference
Geometric (GP)Multiply/divide constant2, 6, 18, 54, 162 (×3)Constant ratio
Squares / Cubesn² or n³ pattern1, 4, 9, 16, 25 (n²)Check if numbers are perfect squares/cubes
Two-step differenceDifferences are in AP/GP1, 2, 4, 8, 16 (diff ×2)1st difference not constant; find 2nd level
Mixed (n² ± n)n² + k or n² − k2, 6, 12, 20, 30 (n(n+1))Subtract to get square or triangle numbers
Fibonacci-typeSum of two preceding terms1, 1, 2, 3, 5, 8, 13a₃ = a₁ + a₂
Prime numbersSequence of primes2, 3, 5, 7, 11, 13Check divisibility
Alternating seriesTwo interleaved series2, 10, 4, 8, 6, 6Separate odd/even-positioned terms
⚡ Speed Tip for Wrong Number Series: Calculate differences → if one difference breaks the pattern, the number causing that break is the wrong number. Check the number just before the pattern breaks.

C. QUADRATIC EQUATIONS

Solving & Comparing Roots

Standard form: ax² + bx + c = 0

Factorization method: Find two numbers whose product = a×c and sum = b

Example: x² − 7x + 12 = 0
Find two numbers: product = 12, sum = 7 → 3 and 4
→ (x − 3)(x − 4) = 0 → x = 3 or x = 4

Quadratic Formula: x = [−b ± √(b² − 4ac)] / 2a

Discriminant (D = b²−4ac)Nature of Roots
D > 0Two distinct real roots
D = 0Two equal real roots
D < 0No real roots (complex)
Comparison of roots (banking exam format):
Equation I: x² − 5x + 6 = 0 → x = 2, 3
Equation II: y² − 7y + 10 = 0 → y = 2, 5
Comparison: x = {2,3} vs y = {2,5}
Min of y (2) = Min of x (2), Max of y (5) > Max of x (3) → x ≤ y

D. DATA INTERPRETATION (DI)

Types of DI & How to Approach Each

DI TypeWhat to look forKey Formulas Used
Table DIRead row & column headers carefully; check units%, Average, Ratio
Bar GraphCompare bar heights; find totals for marked bars%, Difference, Ratio
Line GraphRising/falling trend; compare two lines at same point% change, Average over period
Pie ChartSectors = degrees or %; total = 360° or 100%Degree = (value/total)×360; % = (value/total)×100
Caselet DIRead paragraph; extract numbers; draw table firstAll arithmetic formulas
Missing DIUse given totals/averages to find missing cell valuesAlgebra + %, Average
Mixed DICombine data from two different chart typesAll types combined
Data SufficiencyCheck if statement I alone / II alone / both neededLogic + check conditions

DI — Quick Calculation Formulas

CalculationFormulaExample
% of a number(x/100) × Total15% of 480 = 72
% change[(New − Old) / Old] × 100(60−50)/50 × 100 = 20%
Ratio from pie chartSector A° / Sector B°90° : 60° = 3 : 2
AverageSum of values / Number of values(10+20+30)/3 = 20
Value from % in pie chart(Sector% / 100) × Total25% of 1200 = 300

⚡ DI Speed Strategy for Banking Exams

  1. Read the heading first — understand what data is given (units, years, categories)
  2. Scan all 5 questions before solving — find which questions can be solved together
  3. Approximate for 5-option MCQs — round to nearest 10 or 100 when options are far apart
  4. For Pie Charts — memorise degrees: 1% = 3.6°; convert % to value using total
  5. For Caselet — write down all given data in table form before calculating
  6. For Missing DI — use row/column totals as equations to find missing value
  7. Time allocation — spend max 8–10 min on one DI set; skip hard sub-questions

Approximation Techniques

TechniqueHow to ApplyExample
Round to nearest integerRound each number, then calculate48.7 × 19.3 ≈ 49 × 19 = 931
Use fraction equivalentsConvert % to fraction33.33% of 180 = 1/3 × 180 = 60
Break & combineSplit into easy parts17 × 23 = 17 × (20+3) = 340+51 = 391
Square root approximationUse nearest perfect square√146 ≈ √144 = 12 (since 146 ≈ 144)

⚡ Quick Revision — Key Points

  • BODMAS: always solve Brackets first, then Of, Division, Multiplication, Addition, Subtraction
  • √2 = 1.414, √3 = 1.732, √5 = 2.236 — memorise these
  • 1/7 = 14.28%, 1/8 = 12.5%, 1/9 = 11.11%, 1/11 = 9.09%
  • For number series: always calculate differences at 2 levels before giving up
  • Quadratic: sum of roots = −b/a, product of roots = c/a
  • Pie chart degrees: multiply % by 3.6 to convert
  • DI: approximate aggressively — exact calculation wastes time