Sorry, Dinesh, you've got so many titles... Just like number of operands in your script.

But what about performance of your scripts? It's good while it has only 4 rows to work out.

What if you replace your function with this one?

CREATE FUNCTION dbo.fn_getDuration (@STime datetime, @ETime datetime)
RETURNS datetime
AS
BEGIN
 DECLARE @Duration Datetime

 SET @Duration = @ETime-@STime
 RETURN @Duration - floor(convert(real, @Duration))

END

First, it's more precise: it counts not only hours and minutes, but seconds and milliseconds as well. So, it's more usefull;
Second, it works times faster;
And third, it returns datetime value, so you can use it in criteria check for select from big table: WHERE dbo.fn_getDuration (..) > '05:00:00'

Best regards,
Sergiy.