The theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries, is
The alternative to using market exchange rates is to use purchasing power parities (PPPs). The purchasing power of a currency refers to the quantity of the currency needed to purchase a given unit of a good, or common basket of goods and services.
L and K started a business by investing in the ratio 7:9, respectively. Two months later, J joined them by investing Rs. 100,000. If at the end of the y...
Three persons A, B and C invested different amounts in a business, which are in A.P. The amount invested by B is Rs. 2000 more than that of A. C investe...
Amit and Sumit together start a business with investment of Rs. 1900 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 6000 and...
Three Partners Chandra, Shekhar and Azad invested in the ratio of 3/2, 2/3, 4/3 in a business. After 3 months Chandra decreased his capital by 50%. If t...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 8:7, respectively for 8 years. If 16% of the total profit i...
N, S, and D have invested Rs. 'x', Rs. (x + 3,000), and Rs. (x + 6,000) in a business, respectively. If S and their partner made their investment at the...
M and N started a business by investing Rs.5000 and Rs.6000 respectively. After 7 months, M and N increased their investments by 60% and Rs.2100 respect...
In a business, A invested Rs. 1600 more than that by B. After 7 months, A left the business. If at the end of the year, profit earned by B is equal to t...
The contributions made by A and B are in the ratio of 6:5. If 12% of total profit is donated and A gets 1320 as his share of profit, what is the total p...
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...
