Question
The average wage of a group of 23 labourers is Rs. 460.
If 4 persons receiving average wage of Rs. 350 leave the group and 2 persons receiving average wage of Rs. K join the group, then the average wage of the group increases by Rs. 40. Find the value of ‘K’.Solution
Total wage of 23 labourers in the initial group = 23 × 460 = Rs. 10580 New average wage of the group = 460 + 40 = Rs. 500 New number of labourers in the group = 23 – 4 + 2 = 21 So, according to the question, 10580 – 4 × 350 + 2K = 500 × 21 Or, 10580 – 1400 + 2K = 10500 Or, 9180 + 2K = 10500 Or, 2K = 10500 – 9180 = 1320 Or, K = (1320/2) = 660
Which year did SEBI make BRSR mandatory for the top 1,000 listed entities by market capitalization?
The cost incurred for an additional product is known as ________
________ is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement...
W hat is the maximum permissible bank finance (MPBF) that a bank may lend , a ccording to the Tandon Committee's recommendations ?
A company fails to accrue wages for March that will be paid in April. The company’s year-end balance sheet liabilities:
The project is requiring an investment of 40000 and is depreciated on a SLM basis and the Cash Inflows of the project are the following, what is the ARR...
Alderfer suggested that a person can be motivated by fulling three types of needs – Existence, relatedness and Growth (ERG). Which of the following i...
Which of the following derivative instrument is a type of financial derivative in which fixed payments of interest are exchanged by two counterparties f...
Loan in the repo market involves a very little credit risk because ________
Which of the following ratios are used to measure a firm’s liquidity and solvency?
Relevant for Exams:
