Question
If 5% salary of Amit is equal to 15% salary of Ravi
and 10% salary of Ravi is equal to 20% salary of Danny. If the salary of Danny is given as ₹800, then what will be the total salary of Amit, Ravi and Danny?Solution
ATQ, we can say that let 5% salary of Amit = 15% of salary of Ravi then, (Amit)/(Ravi) = 3/1 since, again 10% of Ravi = 20% of Danny therefore, (Ravi)/(Danny)= 2/1 Now, the Ratio will be taken as Amit : Ravi : Danny 3 : 1 2 : 1 6 : 2 : 1 given Danny salary is = 1x = 800 or, x = 800 therefore,total salary will be (6x + 2x + x) = 9x = 9 x 800 = 7200 ans.
In the context of India's labor market, define the Worker Population Ratio (WPR), and state the recent trend in this ratio according to the la...
For Cobb-Douglas production function the elasticity of substitution is
In a perfectly competitive market, a firm’s long run supply curve is
Given two lines of regression x+3y=11 and 2x+y=7. Find the coefficient of correlation between x and y.
Which of the following statements is NOT correct under the IS-LM (Fixed Price) model?
Which one of the following cannons of taxation was not advocated by Adam Smith?
Consider a closed economy wherein
C = 0.60 Yd , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500
Where in Yd = Dis...
The velocity of money is
Which of the following accurately describes the initial stages of the Demographic Transition Theory?
A) • Stage 1: High birth and death rates, ...
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
- ...
Relevant for Exams:
