Question
Monthly income of Ankit and Bhaskar is Rs. (x + 160) and
Rs. x, respectively. If monthly income of Ankit is increased by 24% while that of Bhaskar is decreased by 20% then the ratio of their respective income becomes 9:5, respectively. Find the monthly income of Ankit.Solution
According to question; {1.24 × (x + 160)}/(0.8 × x) = 9/5 => 31x + 4960 = 36x So, x = 992 So, monthly income of Ankit = x + 160 = 992 + 160 = Rs. 1152
When an individual’s consumption decreases the wellbeing of others, but the individual does not compensate those others. It is the case of__________.
Consider a Solovian economy with the aggregate production function Yt  = K1/2l1/2 ​ . The initial size of the population is 100...
If rxy = 0.75, then ryx will be:
Starting from a position where the nation's money demand equals the money supply and its balance of payments is in equilibrium its balance of payments w...
According to the Economic Survey 2023-24, which bill aims to address issues related to the digital economy and data privacy?
The df value for a chi-square for is based on-
Which of the following activities can be undertaken by a payment bank in India, as per RBI guidelines?
(i) Acceptance of demand deposits
...
Relevant for Exams:
