Question
The average of present ages of 'Anna', 'Bob', and
'Charlie' is 20 years. Three years ago, the average of ages of 'Bob', 'Charlie', and 'David' was 15 years. If the sum of the present ages of 'Anna' and 'David' is 40 years, then what was the age of 'Anna' five years ago from now?Solution
ATQ, Sum of the present ages of 'Anna', 'Bob', and 'Charlie' = 20 x 3 = 60 years. Sum of the present ages of 'Bob', 'Charlie', and 'David' = (15 x 3) + (3 x 3) = 54 years. Difference between the present ages of 'Anna' and 'David' = 60 - 54 = 6 years. Let the present ages of 'Anna' and 'David' be 'a' years and 'd' years, respectively. a - d = 6 -----------(i) Sum of present ages 'A' and 'D' = 40 years. a + d = 40 ---------(ii) Adding equations (i) and (ii), we get: 2a = 46 Or, 'a' = 46 / 2 = 23 So, the age of 'Anna' five years ago from now = a - 5 = 23 - 5 = 18 years.
Guess an even integer between 1 and 100 that is closest to 1/2 of the mean of the guesses, what will be the equilibrium in that case?
The economic rationale for government provision of a Merit Good (e.g., education, healthcare) often rests on which concept?
If price charged by the firm is Rs.10 and quantity sold is 15 units. Marginal cost is Rs. 5. What is the Lerner’s Index of Monopoly power?
Given the demand function QD=100−2P and the supply function QS=3P−50, where QD is the quantity demanded, QS is the quantity supplied, and P is the p...
Â
then the number of pure strategy Nash Eq...
X = 10Y+9 and Y = DX+8 are two regression equations of X on Y and Y on X respectively. Which of the following is true always regarding D
For which of the following consumption functions, the value of income multiplier, k=4?
Which one of the following cannons of taxation was not advocated by Adam Smith?
Which of the following statements about a firm's average cost curves is false?