Question
The average cost of two chairs is Rs. 15000. The average
cost decrease by 30% when one more chair is included. What is the cost price of the 3 rd chair?Solution
Total cost of two chairs = 15000 × 2 = Rs. 30000 Average cost of all the three chairs = 15000 × (70/100) = Rs. 10500 Total cost of all the three chairs = 10500 × 3 = Rs. 31500 Cost of the 3rd chair = 31500 - 30000 = Rs. 1500
As defined by the Mc Kinsey group which of the following is not a key characteristic of Innovation?
Which Indian government initiative focuses on supporting startups with funding, mentorship, and other resources?
Which of the following is NOT a stage in the innovation process?
What is the significance of intellectual property rights (IPR) for entrepreneurs?
Which Indian government scheme aims to promote entrepreneurship and self-employment among the urban poor by providing subsidized loans and skill develop...
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Which of the following best characterize intrapreneurship?
An entrepreneur considering if what they are doing makes sense is an example of:
Which of the following is not an aggressiveness strategy?
Which Indian government scheme focuses on providing financial assistance and business development services to women entrepreneurs?
