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Q:

Should correspondence courses at the university level be discontinued in India ?

Arguments :

I. Yes. Only interaction between teachers and students at the college helps total development of personality.

II. No. The demand for discontinuance comes only from the elite who have no knowledge of what is meant by  poverty.

A) Only argument I is strong B) Only argument II is strong
C) Neither I nor II is strong D) Both I and II are strong
 
Answer & Explanation Answer: A) Only argument I is strong

Explanation:
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Filed Under: Statement and Arguments

Q:

What are the benefits achieved by payroll giving?

Answer

Payroll Giving enables employees to give to any UK charity straight from their gross salary (before tax is deducted), giving immediate tax relief of up to 40% on their donations

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Subject: Payroll Interview

Q:

What are the benefits achieved by computerized payroll system?

Answer

With the computerised payroll systems -


=>You saved a lot of your time,
=>Your accuracy and efficiency is increased by many times.
=>Your are free from small and small human mistakes in calculation and linking etc.
=>Once master data is updated(CTC,Reimbursement), rest is taken care by the systems once input is given as and when salary is processed.
=>Better control is exercised.

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Subject: Payroll Interview

Q:

What do you understand by Variance Report in payroll?

Answer

Variance Report is to know what is the difference between last month salary and the current month salary you can also check in that report all input which you have considered its captured or not

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Subject: Payroll Interview

Q:

A boy multiplied 987 by a certain number and obtained 559981 as his answer. If in the answer both 98 are wrong and the other digits are correct, then the correct answer would be ?? please explain in detail

A) 553681 B) 555181
C) 555681 D) 556581
 
Answer & Explanation Answer: C) 555681

Explanation:
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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

Q:

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit

A) 70% B) 80%
C) 90% D) None of above
 
Answer & Explanation Answer: A) 70%

Explanation:

Let C.P.= Rs. 100.
Then, Profit = Rs. 320,
S.P. = Rs. 420.

New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.

Profit = Rs. (420 - 125) = Rs. 295

Required percentage = (295/420) * 100
= 70%(approx)

 

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Filed Under: Profit and Loss

Q:

By selling 45 lemons for Rs 40, a man loses 20%. How many should he sell for Rs 24 to gain 20% in the transaction ?

A) 16 B) 18
C) 20 D) 22
 
Answer & Explanation Answer: B) 18

Explanation:

Let S.P. of 45 lemons be Rs. x.

 

Then, 80 : 40 = 120 : x or   x = 40×12080= 60

 

For Rs.60, lemons sold = 45

 

For Rs.24, lemons sold  =4560×24= 18.

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Filed Under: Profit and Loss

Q:

By mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:

A) Rs 23 B) Rs 25
C) Rs 24 D) Nonof these
 
Answer & Explanation Answer: C) Rs 24

Explanation:

Cost Price of 5 kg = Rs.(14*2 + x*3) = (28 + 3x).

Sell price of 5 kg = Rs. (22x5) = Rs. 110.

[{110 - (28 + 3x)}/(28 + 3x) ]* 100 =10

[82-3x/28 + 3x]= 1 / 10

820 - 30x = 28 +3x 

33x = 792 

x = 24

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Filed Under: Profit and Loss