Start learning 50% faster. Sign in now
Explanation: Relativism is an ethical theory that asserts that the rightness or wrongness of actions is context-dependent and varies based on cultural norms and societal values. In other words, what is considered morally acceptable in one culture or society may not be the same in another. Relativism challenges the idea of universal moral principles and suggests that morality is relative to individual cultures and perspectives. This makes ethical judgments contingent on the cultural and social context in which they occur.
A took a loan of Rs.6980 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
Raman deposited Rs. 16000 at a compound interest rate of 20% per annum, while he deposited Rs. 12000 at a simple interest rate of 30% per annum. After t...
A person borrows Rs 400 at 5% compound interest per annum. If he returns Rs 200 after one year, then how many more rupees will he have to pay at the end...
A certain sum of money earns Rs. 360 as Simple Interest and Rs. 381.6 as Compound Interest over a period of 2 years. What is the rate of interest?
"A person 'P' deposited Rs. ‘a’ in SIP 'A' and Rs. ‘b’ in SIP 'B'. He invested in SIP 'A' for 4 years at a simple interes...
Arjuna deposited Rs.90,000 in an SIP that offers simple interest at a rate of 10% per annum for 3 years. Had he deposited the sam...
Rs.26000 is split into two sums such that the Simple Interest on one part for 5 years at 10% equals the Simple Interest on the other part for 6 years at...
There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 16,000 after 3 years at the same rate?
The amounts invested by 'P' and 'Q' in Funds 'X' and 'Y' are in the ratio of 8:5. If 'P' invested ₹4800 more than 'Q,' determin...