Consider KRK’s demand function for cigarettes for as Q= .02m- 2p where m is his income and p is the price. KRK’s income is Rs.7500 and the price of a cigarette is Rs.30. Suppose government decides to increase the price of cigarettes to Rs.40, the change in total demand, income effect and substitution effect for KRK is
Anup, Vipin and Raju started a business with their capital Rs. 3000, Rs. 4500 and Rs. 6000 respectively. They invested for X, (X – 4) and (12 – X) m...
Amit and Bishnu started a partnership by funding Rs. 8000 and Rs. 12000 individually. After four months, Amit take out Rs.2000 & Bishnu funded Rs.3000 m...
Atul and Brijesh started a business by investing Rs 16,000 and Rs 20,000 respectively. At the end of 4th month of the business, Chetan joins ...
Aman, Bhanu, and Chetna joined a business, investing Rs. 1200, Rs. 1600, and Rs. 'r', respectively. After 6 months, Aman, Bhanu, and Chetna increased th...
Akshay and Akhil invest in a business in the ratio 4:1. If 10% of the total profit goes to charity and Akshay's share is Rs. 864.Then find the total pro...
Palash invest twice the sum invested by Vicky and withdraws half of the sum after 4 months and again withdraws half of the remaining sum after 2 months....
‘C’ and ‘D’ started a business by investing Rs. 30,000 and Rs. 25,000, respectively. ‘D’ manages the business and for that he is entitled to...
Two partners, Amit and Ben, initiated a business with investments of Rs. 'P + 10' and Rs. 'P,' respectively. After 'm' months, Chetan joined them with a...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 6:5, respectively for 6 years. If 12% of the total profit is donated in an ...
Rs. 51,000 is divided among three brothers Animesh, Paritosh and Ashutosh in such a way that Animesh’s share is `1(4)/(5)` times of Parito...
