Question
If a government defaults on the value of its debt by
3/4, this is the same as imposing a ____ tax on interest and repayment of the principal.Solution
I borrow 100 euros from you and promise to pay you back next year the principal and 10%. That means I owe you 110 euros next year. I now unilaterally declare that I will only honour 25 euros of debt to you. Next period I pay you 27.5 euros [25 + 1/4(10)]. That is the same amount as though announcing to you next period that I would tax your 110 euros 75% (i.e., you keep only .25*110=27.5)
The angle of elevation of a tower from a certain point of bus stand is 30°. When a man walks 5m ahead in the direction of the tower, the angle of el...
The angle of depression from the top of a light-house of two boats are 60° and 30° towards the west, if the two boats are 60m apart, then the height ...
The height of a conical tent is 9m. A vertical pole of 6m height is placed 4 m away from its centre such that it touches the surface. Find the slant hei...
A tree stands tall with a height of 54 meters. From a point 'x' meters away from its base, the angle of elevation to the top of the tree is 60°. Determ...
From the top of a straight pillar 20 meters high, the angle of elevation of the top of a straight tower was 45°. If the tower was 70 meters high, then ...
If distance between two pillars of length 16 & 9 cm is x cm. If two angle of elevation of their respective top from a point on ground of other are c...
From 110m high towers, the angle of depression of a car is 45°. Then how far the car is from the tower?
Rohit is climbing on a 30 metres long rope, which is tied from the top of a vertical pole to the ground. Find the height of the pole if the angle made b...
A pole 6 m high casts a shadow 2√3 m long on the ground. Find the angle of elevation
The angle of elevation of the top of a building from a point on the ground is 30° and moving 40 meters towards the building it becomes 60°. The height...
