The Dummy Variable trap is a scenario in which the independent variables are multicollinear - a scenario in which two or more variables are highly correlated; in simple terms one variable can be predicted from the others
In a business, A invested Rs. 1200 more than that by B. After 8 months, A left the business. If at the end of the year, profit earned by B is equal to t...
A and S commenced a business with capitals of Rs. 15,000 and Rs. 13,500, respectively. After 9 months, they withdrew one third of their capital. Determi...
Brahma, Vishnu and Mahesh invested money in the ratio of 1/2:1/3:1/4 in a business. After 4 months, Brahma doubled his investment and after 6 months, Vi...
A invested Rs. 2X in a business. After four months B Joined him with Rs. 3X and A tripled his investment. If at the end of the years total profit...
Palash invest twice the sum invested by Vicky and withdraws half of the sum after 2 months and again withdraws half of the remaining sum after 6 months....
A, B and C invest in a partnership in the ratio 4:3:6 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
Four people P, Q, R and S started a business. The initial investment of P is Rs. 500 less than the initial investment of R. The ratio between the initia...
If a sum of money is to be divided among A, B, C such that A’s share is equal to thrice B’s share and B’s share is 7 times C’s share then their ...
Pawan and Qureshi initiated a business with investments of Rs. 20,800 and Rs. 16,000, respectively. After 't' months, Rinku joined them with an investme...
P and Q together started a business with initial investment in the ratio of 1:12, respectively. The time-period of investment for P and Q is in the rati...
