Question
In a factory with 8750 workers, 44% are men, and the
remaining are women. 60% of the men and 45% of the women work as managers, out of which only 160 men and 155 women are not working as managers. What % of the total number of workers in the factory are working as managers?Solution
ATQ, Number of men in the Factory = 8750 × 0.44 = 3850 Number of women in the Factory = 8750 – 3850 = 4900 Number of men who worked as a Manager = 3850 × 0.6 = 2310 Number of women who worked as the manager = 4900 × 0.45 = 2205 Number of men working as a manager = 2310 – 160 = 2150 Number of women working as the manager = 2205 – 155 = 2050 So, total number of workers in the factory working as a manager = 2150 + 2050 = 4200 Therefore, required percentage = (4200/8750) × 100 = 48%
A firm should increase investment when :
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
Consider the following demand function of X for a commodity A
x= 10 + 0.10m/p
Money income (m) of X is Rs.120 and the price of A (p) is Rs...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following defines ambient standards in an environmental policy
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T) Â
Tax Function: T = T0 + tY Â
I...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observatio...
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observations, we ha...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...