Question
Consider the following Utility function U(x,y) = 4x+5y.
The price of x and y are 5 and 6 respectively. The income of the consumer is 120. Calculate the maximum utility given the budget constraintSolution
M and N started a business by investing Rs.4000 and Rs.5000 respectively. After 7 months, M and N increased their investments by 30% and Rs.2400 respect...
A and B enter into partnership. A invests some money at beginning, B invests thrice the amount after 7 months and C invests double the amount after 3 mo...
"Pawan and Qureshi started a business by investing Rs. 1200 and Rs. 1600, respectively. After 5 months, Pawan added Rs. 300 to his investment, while Qur...
A starts business with Rs.9000 and after 8 months, B joins with A as his partner. After a year, the profit divided in the 4:5. What is B’s contributi...
In a partnership, the amount invested by ‘P’ and ‘Q’ is in the ratio 7:4. The amount invested by ‘R’ is Rs. 600 less than the amount investe...
P and Q started a company with Rs. 60,000 and Rs. 45,000 respectively. After 6 months, R invested Rs. 40,000 in the business. The profit earned at the e...
‘Riya’ invested Rs. 1,600 in a business. After 9 months, ‘Simran’ joined her with 50% of Riya's capital. If the total annual profit is Rs. 4,500...
A starts business with Rs.8000 and after 8 months, B joins with A as his partner. After a year, the profit divided in the 3:7. What is B’s contributi...
A, B and C hired a taxi for Rs. 650 and used it for 3, 4, 6 hours respectively. Hiring charges paid by B are:
A man invests ₹40,000 in a business. After 3 years, he sells 40% of his stake for a 30% profit and reinvests the amount. After another 2 years, he sel...
