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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 TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?

A) (16 + 4/3)% B) (16 +1/3)%
C) (16 + 5/3)% D) (16 + 2/3)%
 
Answer & Explanation Answer: D) (16 + 2/3)%

Explanation:

sum = [(S.I x T.D)/(S.I-T.D)] = Rs. [(375 x 250)/(375-250)] = Rs.750 

Rate = (100 x 375)/(750 x 3) =1623 %

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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

Q:

What was the day of the week on 28th May, 2006?

A) Thursday B) Friday
C) Saturday D) Sunday
 
Answer & Explanation Answer: D) Sunday

Explanation:

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Filed Under: Calendar

Q:

 On 8th Feb, 2005 it was Tuesday. What was the day of the week on 8th Feb, 2004?

A) Tuesday B) Monday
C) Sunday D) Wednesday
 
Answer & Explanation Answer: C) Sunday

Explanation:

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Filed Under: Calendar

Q:

January 1, 2007 was Monday. What day of the week lies on Jan. 1, 2008?

A) Monday B) Tuesday
C) Wednesday D) Sunday
 
Answer & Explanation Answer: B) Tuesday

Explanation:

The year 2007 is an ordinary year. So, it has 1 odd day.

 

1st day of the year 2007 was Monday

 

1st day of the year 2008 will be 1 day beyond Monday

 

Hence, It will be Tuesday.

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Filed Under: Calendar