Ashish started a business by investing Rs. 4200. Few months later; Ramesh joined him by investing Rs. 4800 such that at the end of the year, the profit share of Ashish was 5% more than that of Ramesh. How many months after Ashish did Ramesh join the business?
Let the number of months for which Ramesh invested his money = ‘Y’ months Ratio of profit shares of Ashish and Ramesh = (4200 × 12):(4800 × Y) = 50400:4800Y = 21:2Y Let profit share of Ramesh be Rs. ‘100a’ So, profit share of Ashish = 1.05 × 100a = Rs. ‘105a’ ATQ; (21/2Y) = (105a/100a) So, Y = 10 Therefore, Ramesh joined the business (12 – Y) = 2 months after Ashish.
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
If two dice are thrown together, what is the probability of getting an even number on one dice and an odd number on the other dice?
A decrease in planned investment spending causes aggregate output to;
When we say that the estimator is BLUE. What does best signify here?
GDP= 12000, tax rate was 15% of GDP, Private savings was 12% of GDP and public savings was 360. Find consumption level of closed economy.
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
Assume a small open country under fixed exchanges rate and full capital mobility. Prices are fixed in the short run and equilibrium is given initially a...
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
Ability to pay principle is related with?
