Job Roles

Q:

Application_End: This event occurs when there are no more users of the application.

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

Explanation:

When there are no more users of the application Application_End event occurs

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Subject: .NET
Job Role: Software Architect

0 4166
Q:

Application_Start: This event occurs when the first user visits a page of the application.

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

Explanation:

whenever user visits a page application Application_start event occurs

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Subject: .NET
Job Role: Software Architect

0 2757
Q:

If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $10,000 after 3 years?

A) 8695.61 B) 6786
C) 3478 D) 4092
 
Answer & Explanation Answer: A) 8695.61

Explanation:

i=j/m

PV = FV (1+  i)^-n 

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 3867
Q:

Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment?

A) 1232 B) 1243
C) 1254 D) 1262
 
Answer & Explanation Answer: A) 1232

Explanation:

i=j/m

 

FV=  PV(1+  i)^n 

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 3016
Q:

if log105+log5x+1=log10(x+5)+1,then x is equal to

A) 1 B) 3
C) 5 D) 10
 
Answer & Explanation Answer: B) 3

Explanation:

log105+log5x+1=log10x+5+1

log1055x+1=log1010x+5

55x+1=10x+5

5x+1=2x+10

3x=9

x=3

 

 

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Filed Under: Logarithms
Exam Prep: Bank Exams
Job Role: Bank PO

29 6818
Q:

What annual payment will discharge a debt of Rs.7620 due in 3years at1623 % per annum interest?

A) 5430 B) 4430
C) 3430 D) 2430
 
Answer & Explanation Answer: C) 3430

Explanation:

Let each installment be Rs.x. Then, 

(P.W. of Rs.x due 1 year hence) + (P.W of Rs.x due 2 years hence) + (P.W of Rs. X due 3 years hence) = 7620.

 

x1+503x100+x1 +503x1002+x1 +503x1003 = 7620

 

 6x7+36x49+216x343=7620

 

 294x + 252x + 216x = 7620 x 343

 

 => x = 3430

 

 Amount of each installment = Rs.3430

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

78 26480
Q:

A sum of money amounts to Rs.6690 after 3 years and to Rs.10,035 after 6 years on compound interest.find the sum.

A) 4360 B) 4460
C) 4560 D) 4660
 
Answer & Explanation Answer: B) 4460

Explanation:

Let the sum be Rs.P.then
P(1+R/100)^3=6690…(i) and P(1+R/100)^6=10035…(ii)
On dividing,we get (1+R/100)^3=10025/6690=3/2.
Substituting this value in (i),we get:
P*(3/2)=6690 or P=(6690*2/3)=4460
Hence,the sum is rs.4460.

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

266 73952
Q:

A certain sum amounts to Rs.7350 in 2 years and to Rs.8575 in 3 years.find the sum and rate percent

A) 3400 B) 4400
C) 5400 D) 6400
 
Answer & Explanation Answer: C) 5400

Explanation:

Interest for 1 year is the same whether it's simple interest or the compound interest.

Now interest of third year = 8575 - 7350 = 1225; means principal for this interest is 7350 if comound interest is takenIf 7350 is the principal interest = 1225

if 100 is the principal interest =(1225/7350) * 100 = 50/3 %

When a thing increases for two successive times the overall increase on initial amount = a + b + (a * b)/100

Therefore overall interest for two years = 50/3 + 50/3 + [(50/3)*(50/3)]/100 = 325/9 %

Therefore amount after 2 years = 100 + 325/9 = 1225/9

If 1225/9 is the amount principal =100

if 7350 is the amount principal =(900/1225)*7350 =5400

So sum = 5400; Rate = 50/3 %

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

69 35233