Bank PO Questions

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

All the above will stay where they are when they goes off. Basically anything that can swithch on or off will come under this.

(300 – 101)/11 = 199/11 = 18 1/11

18 Numbers.

Ratio of times taken by A and B = 160 : 100
A can do the work in 12 days
Let B can do the work in "D" days
=> 160:100 = 12 : D
=> D = 12 x 100/160 = 7.5 hrs

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

In the history, Rurik was believed to be the first ruler to consolidate the slavic tribes. He was a Russian leader in the 9th century.

A wildlife management agency sets hunting regulations in most states.

These agencies will have regular meetings where the public can voice their concerns and make suggestions. Hunters wishing to propose changes to the regulations should participate in these meetings or join a hunting organization that interacts with the agency.