Which statement is correct regarding the situation of Inflation in an Economy?
Inflation reflects a reduction in the purchasing power of money. For example, XYZ Ltd. buys 10 litre of Petrol @ Rs.75 per litre from Indian Oil, thereby spending a total of Rs.750 on petrol. After one month petrol price is increased to Rs.80 per litre. Now, XYZ Ltd would be able to purchase only 9.38 litre petrol from Rs.750/- as against 10 litre petrol from the same Rs.750 one month ago. Hence purchasing power of money (Rs.750) reduced due to inflation. Inflation will always reduce the value of money unless interest rates are higher than inflation.
The C.P of Jeans is how much less than its M.P, if the profit % after selling Jeans is double the % discount offered on Jeans?
Two flights Qatar Airways and British Airways start from the same destination I at 7am and 8am respectively. They together cover a distance of 696 km, a...
Indigo starts from destination I towards destination V at 3 am Jet Airways starts from destination V towards destination I at the same time. At what tim...
If in the city Q, 30% of the candidates who appeared got selected, and then find the number of selected candidates?
Approximately by what percent is the distance between the destination II and V is less than the distance between the destination IV and VII?
If in city P, 40% of the candidates who appeared got selected, then find the number of females who were not appeared?
What is the minimum number of balls faced by MS Dhoni?
In 2015, if the number of females who got promoted was 357, what was the respective ratio of the number of male employees who got promoted and number of...
In 2014, if the difference between number of males and females promoted was 36, then what was the number of employees in the same year?
Two cars Q and S start from the destination I at 8 am and 9 am respectively and they are going to the same destination. At what time car S will cross ca...