Find the period when simple interest on Rs.4000 at 6% per annum will be Rs.400.
SI = P x R x T / 100 400 = 4000 x 6 x T / 100 T = 10/ 6 years T = 10 / 6 x 12 months = 20 Months
In the case of cost-push inflation, other things being equal:
In a frequency distribution the last cumulative frequency is 500. Q3 must lie in?
When the share of output going to capital is 0.25, the share going to labor is 0.75, output increases 4%, labor increases 1%, and capital increases 2%, ...
Judging from the figure, a person that chooses to consume bundle C is likely to