Question
Which of the following situations will arrive when a tax
is imposed on sales of alcohol?Solution
The tax imposed is a sales tax, usually imposed at the point of sale. A sales tax is treated like an input cost, so the supply curve shifts left
Out of her monthly income of Rs. 25,000, Priya spent (Q - 10)% on rent, (Q + 15)% on others and saved Rs. 4,500. Find Q% of her monthly income.
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Average income of 'X' and 'Y' together is Rs. 45,000. Whereas the average expenditure of 'X' and 'Y' is Rs. 34,000. Find the savi...
Determine Rohit's monthly salary if he allocated 40% of it to house rent, then 32% of the remaining amount on traveling. After accounting for his food e...
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Satyam and Aman have monthly salaries, including savings and expenditure, in the ratio 8:11. Aman's monthly savings are Rs. 12,000, and Satyam's savings...
Income of 'Ravi' is 20% more than that of 'Amit', and the ratio of expenditure of Amit to that of Ravi is 3:4. Amit's income is Rs. 800 more than Ravi's...
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The salaries of 'Ankush' and 'Qureshi' are initially in the ratio of 4:7. After an increment of ₹3,300 to Ankush's salary, the ratio of their salaries...
The income of Amit is Rs. 12,000 greater than Bhuvan's income. Amit spends 75% of his income, whereas Bhuvan's expenditure is 80% of Amit's expenditure....
