U (W, L) = min (2w, L) At Utility maximizing Level 2W = L = U P(lemon) = 1 P(water) = 18 BL: 1(L) + 18(W) = 200 2W + 18W = 200 W = 10 Therefore, L = 2(10) = 20 U = min {2W, L} = 20
Mr. P invested Rs. ‘10x’ in scheme ‘A’ offering simple interest of 20% p.a. and reinvested the interest earned from scheme ‘A’ at the end of...
If an amount of Rs. 'x' is invested at an annual compound interest rate of 20%, it grows to Rs. 'x + 2200' after 2 years. Calculate the value of 'x + 22...
A took a loan of Rs.5680 at simple interest of 30% p.a. and invested the same money in a scheme at simple interest of 40% p.a. Find the profit earned by...
A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.
Anchal allocates a portion of his salary for various purposes. He invests 10% of his salary in a Provident Fund (PF) and then spends 30% of what's left ...
The simple interest earned on ₹3,000 at a rate of 8% per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of...
Rs. 8000 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 6% p...
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A certain sum of money yields Rs.1261 as compound interest for 3 years at 5% per annum. Find the sum.
A principal amount of ₹5p grows to ₹(5p + 660) in 2 years at an annual interest rate of 20% compounded yearly. Determine the ...
