Question
Which of the following best describes a general rise in
the prices?Solution
Inflation is the general increase in the prices of goods and services in an economy over time. When inflation occurs, the purchasing power of a currency decreases, which means that the same amount of money can buy fewer goods and services than before. Inflation can be caused by a variety of factors, including an increase in demand for goods and services, a decrease in supply of goods and services, or an increase in the cost of production. 
In an Aerobic class, the average age of all the members was 54.5 years, 11 members left the class and 7 new members joined. If the average age increase...
Average run scored by a batsman in 60 innings is 180. In next 6 innings, he scored runs with an average of ‘x’ so that his overall average increases...
Average age of company A is 28 years and average age of both companies A and B is 20 years. If the ratio of number of employees in company A and B is 3:...
In an office of 35 employees, the average salary is ₹48,000. One employee earning ₹45,000 resigns, and 4 new employees with an average salary of ₹...
In a family of 8, the men eat on average 70 kg of food and women eat on an average 51 kg of food. The men and women are equal in number. A woman joined ...
Determine the number of Girls in a school of 60 Student when you know that the average weight of all Student is 50 kgs, the average weight of boys...
Average weight of all the people in a group is 60 kg. When two people of weight 66 kg and 84 kg left the group, average weight reduces by 1 kg. Find the...
Average marks scored by each boy in a class were 90, whereas that by each girl were 100. If the number of boys is 50% more than the number of girls, the...
Aman spends an average of Rs. 400 on Sundays and Rs. 280 on the other days. Find his average spending in a 30-day month starting with Sunday.
Average run scored by a batsman in first ‘x’ matches is 77. In next 12 matches he scored runs with an average of 90 so that his overall average incr...
