The wealth distribution in a certain country is described by following Lorenz Function
F(x) = x4 where x lies between 0 and 1. Please find the Gini coefficient for the same.
A, B and C enter into a partnership, A invest (X + 5000), B invest (X + 15000) and C invest (5X + 2000) for one year if B share is 10000 from total prof...
P and Q together started a business with initial investment in the ratio of 1:6, respectively. The time-period of investment for P and Q is in the ratio...
P started a business investing Rs.9000. After 3 months, Q joined her with the capital of Rs.16000. After another 6 months, R joined them with the capita...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 8:5, respectively for 4 years. If 22% of the total profit i...
A invest twice the sum invested by B and withdraws half of sum after 5 months and again withdraws half of the remaining sum after 6 months. Find ratio o...
A and B enter a partnership. A contributed 5000 for 8 months and B 6000 for 5 months. Find A's share in a total profit of 9800.
A and B invest in a business in the ratio of 2:3, B left the business after X months, C joins the business with twice investment as compared to that of ...
A, B and C invest in a partnership in the ratio 5:4:7 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
K and L started a business by investing Rs. (q + 900) and Rs. (3q - 1800), respectively. If K's profit share was Rs.27,000 out of a total profit of Rs.6...
A, B and C enter into partnership by making investments in the ratio 3: 5: 7. After a year, C invests another Rs 337600 while A withdraws Rs 45600. The...
