Bank Exams Questions

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Suppose the merchant will take advantage of the cash discount of 4% of $20 000 = $800 by paying the bill within 30 days from the date of invoice. He needs to borrow $20 000 = $800 = $19 200. He would borrow this money on day 30 and repay it on day 100 (the day the original invoice is due) resulting in a 70-day loan. The interest he should be willing to pay on borrowed money should not exceed the cash discount $800.

r=I/pt=21.73%

The highest simple interest rate at which the merchant can afford to borrow money is 21.73%. This is a break-even rate. If he can borrow money, say at a rate of 15%, he should do so. He would borrow $19 200 for 70 days at 15%. Maturity value of the loan is $19 200(1+0.15(70/365))=$19 752.33

savings would be $20 000 − $19 752.33 = $247.67

ddNTPs - Dideoxynucleotides and abbreviated as ddNTPs.

They are chain-elongating inhibitors of DNA polymerase, used in the Sanger method for DNA sequencing.

They have a hydrogen at the 3’ carbon of the ribose sugar.

Tehri dam is located on the river Bhagirathi.

• It is a multi-purpose rock and earth-fill embankment dam on the Bhagirathi River near Tehri in Uttarakhand, India.

• It is the primary dam of the THDC India Ltd. and the Tehri hydroelectric complex.

If After p years , commodity X will cost 60 rupees more than the commodity Y, then

320 + 60p = 740 + 20p + 60
=> p = 12

So in year (2002 + 12 = 2014), commodity X will cost Rs.60 more than the commodity Y.