Question
What are barter transactions best described
as?Solution
Barter transactions involve the direct exchange of goods or services without the intermediary use of money. This form of trade has been historically significant and persists in various forms today, particularly in situations where money as a medium of exchange is either unavailable or impractical.
- A basket contains x green apples, (x + 2) red apples and (x + 10) yellow apples. If probability of getting a red apple is 1/8 more than that of getting a g...
In how many ways can the letters of the word "EXAMPLE" be arranged, and what is the probability that all the vowels in these arrangements always appear ...
A bag contains x orange balls, (x + 5) purple balls and (x + 7) green balls. If probability of getting a purple ball is 1/15 more than that of getting a...
A bag contains 24 white and some black balls. If the probability of drawing a black ball from the bag is 1.5 times that of drawing a white ball, ...
- There are 2 boxes. Box A contains 6 gums and 4 candies and Box B contains 3 gums and 7 candies. If a box is selected at random and 2 things are drawn out o...
In a lottery, there are 6 prizes and 30 blanks. A lottery is drawn at random. What is the probability of getting a prize?
A bag contains 3 Red, 3 Blue and 6 Green balls. Two balls are drawn at random. What is the probability that 1 ball is red and other is blue or 1 ball is...
In a box there are 6 red, 12 blue, and 18 yellow cards. One card is picked up randomly. What is the probability that it is neither red nor yellow?
In a lottery there are 5 prizes and 50 blanks. A lottery is drawn at random. What is the probability of getting the prize?
...Two hats are picked at random, what is the probability that all hats are of green colour?
