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Q:

The interest on Rs.750 for 2yrs is the same as the True Discount on Rs.960 due 2yrs hence . If the rate of interest is same in both cases,it is:

A) 12% B) 14%
C) 15% D) 16
 
Answer & Explanation Answer: B) 14%

Explanation:

S.I on Rs.750= T.D on Rs. 960 

This means P.W of Rs. 960 due 2 years hence is Rs.750 

Therefore , T.D= Rs. (960 - 750) = Rs. 210 

Thus, S.I on Rs. 750 for 2 years is Rs. 210 

Rate =[ (100 x 210) / (750 x 2) ] % = 14%

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Filed Under: True Discount

Q:

What is the difference between a Local and a Global temporary table?

Answer

Local :


Only available to the current Db connection for current user and are cleared when connection is closed.


Multiple users can’t share a local temporary table.


 


Global:


Available to any connection once created. They are cleared when the last connection is closed.


Can be shared by multiple user sessions

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Q:

Copying the logs on the standby/backup server is an operation of Log Shipping

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

It is one of the operation of Log Shipping

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Q:

If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168. The sum due is?

A) 700 B) 760
C) 768 D) 786
 
Answer & Explanation Answer: C) 768

Explanation:

P.W = (100 x T.D)/(R x T)  = (100 x 168)/(14 x 2)= 600 

Sum = (P.W + T.D) = Rs. (600+ 168) = Rs.768.

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Q:

The Present worth of Rs.2310 due 212 years hence ,the rate of interest being 15% per annum, is :

A) Rs.1440 B) Rs.1750
C) Rs.1680 D) Rs.1840
 
Answer & Explanation Answer: C) Rs.1680

Explanation:

P.W=Rs.100×2310100+15×52 = Rs.1680

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Filed Under: True Discount

Q:

Go command is a signal to execute the entire batch of SQL statements after previous Go

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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Q:

The difference between Simple Interest and True Discount on a certain sum of money for 6 months at 1212% per annum is Rs 25. Find the sum.

A) Rs.6800 B) Rs.6500
C) Rs.6000 D) Rs.6200
 
Answer & Explanation Answer: A) Rs.6800

Explanation:

 

 

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Filed Under: True Discount

Q:

The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?

A) 1600 B) 7000
C) 6000 D) 6500
 
Answer & Explanation Answer: C) 6000

Explanation:

Let amount be Rs.x then,  

 [X * R * T] / [100 + (R * T)] = T.D  

=> [x * 12 * (3/4)] / [100+(12 * 3/4)] =540  

=> x = 6540  

Amount = Rs.6540   

P.W = Rs.(6540 -540) = Rs.6000

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Filed Under: True Discount