An income tax assessee depreciates the machinery of his factory by 20% in each of the first two years and 40% in the third year. How much average depreciation relief should he claim from the taxation department?
l 1+L 0.2 0.8 0.2 0.8 0.4 0.6 Average (1+r) = [0.8×0.8 × 0.6]1/3 log 1+r = 1/3 log [0.384] log 1+r = 1/3×1.5843 log l+r = 1/3 ×0.4157 log l+r = 0.13856667 Anlog [log(1+L)] = Anlog [0.13856667] 1+L = 1.376 L = 1.376 - 1 L = 0.376
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30 have credit cards (C). Ten of the men with credit cards have balances due (B), while 15 of the women have balances (B). The credit manager wants to determine the probability that a customer selected at random is a woman with a balance.
If interest payments are subtracted from gross fiscal deficit, the remainder will be
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
20 are in favour of candidate A,
50 are in favour of candidate B,
50 are in favour of candidate C,
10 favour both candidates A and B,
10 favour both candidates A and C,
25 favour both candidates B and C,
10 favour all three candidates.
Denote by A, B and C the events that a selected voter favours candidate A, candidate B and candidate C, respectively. Which of the following statements hold true?