Question
Which of the following is most likely to cause a
rightward shift in the demand curve for laptops?Solution
A change in tastes and preferences in favor of a good shifts the demand curve to the right. Options A and B would reduce quantity demanded or shift the demand curve left, while C might make smartphones a substitute and reduce laptop demand.
A person invests ₹8000 in a scheme offering 5% simple interest per annum. After 2 years, the total amount becomes ₹8800. How much interest is earned...
Mark invested Rs 15,000 in a scheme at simple interest 20% per annum. After three years he withdrew the principal amount plus invested the entire amount...
- Ravi deposits Rs. 8,240 on simple interest at 5% per annum for 4 years. If the total amount he gets back is Rs. '2m', then find the product of the digits o...
The difference between the simple interest for two years and the compound interest for one year on a sum of money is Rs.273. In which compound interest ...
The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is:
A sum becomes 9200 in 3 years and 10400 in 5 years at simple interest. Find the principal.
A sofa of MRP 450 is available in Rs.90 cash down payment and 9 monthly equal installment of Rs.45 each. Find the rate of interest per annum.
A certain sum of money will be doubled in 80 years at the rate of simple interest percent per annum is:
A borrowed Rs. 7000 from B for his business. How much amount A will return to B at the end of 30 months such that the sum was borrowed at simple interes...
A sum of Rs. 5000 amounts to Rs. 6655 at 10% p.a., interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same s...
