Question
‘A’ and ‘B’ started a business by investing Rs.
2000 and Rs. 2400, respectively. 12 months later, ‘C’ joined the business by investing Rs. 1000. After 6 more months, ‘B’ withdrew all of his capital. If at the end of second year, the total profit earned by them together is Rs. 9460, then find the profit earned by ‘B’ and ‘C’ together at the end of 2nd year.Solution
ATQ; Ratio of profit shares of ‘A’, ‘B’ and ‘C’ = (24 × 2000):(18 × 2400):(12 × 1000) = 20:18:5 Profit of ‘B’ and ‘C’ together = (9460) × {(18 + 5)/(20 + 18 + 5)} = Rs. 5060
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
Locus point of Isoquants wherein the marginal productivity of one of the factors is 0 is called
The natural rate of unemployment corresponds to:
If rxy = 0.4, then r(2x, 2y) is equal to:
Which among the following is not an objective of SEBI?
If the Gross Domestic Product (GDP) at market prices is $1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the ...
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
