Cost price of 200 articles = 200 × 40 = ₹8,000 Revenue from 120 articles sold at ₹50 each = 120 × 50 = ₹6,000 Revenue from 80 articles sold at ₹60 each = 80 × 60 = ₹4,800 Total revenue = ₹6,000 + ₹4,800 = ₹10,800 Profit = Total revenue - Total cost price = ₹10,800 - ₹8,000 = ₹2,800 Profit percentage = (Profit / Total cost price) × 100 = (2,800 / 8,000) × 100 = 35% Correct Option: d) 35%
Calculate the value of VIF in case of Multicollinearity, if the Ri2(Coefficient of auxiliary regression on independent variables) is 0.60 and...
What is the degree of homogeneity in case of Constant Elasticity of Substitution production function?
Consider a closed economy wherein
C = 0.8 Yd  , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
In case of Cob web Model, Perpetual Oscillation is witnessed when
The __________________test in econometrics begins by assuming that a defining point exists and can be used to differentiate the variance of the error term.
There are two firms in the market and they follow Cournot model. The demand curve faced by them is Q = 180 – P and the marginal cost of producing the ...
Balance of Trade is measured as:
National Sample Survey Organization (NSSO) provides estimates of magnitude of unemployment on the basis of different concepts. Which of the following i...
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
In 1991, under the external sector reforms. Indian rupee______.
