Question
The monthly incomes of persons A and B are ₹4800 and
₹6400, respectively, while their monthly expenditures are ₹3600 and ₹5400. What is the ratio of their monthly savings?Solution
Income of ‘A’ = Rs. 4800 Expenditure of ‘A’ = Rs. 3600 Savings of ‘A’ = 4800 – 3600 = Rs. 1200 Income of ‘B’ = Rs. 6400 Expenditure of ‘B’ = Rs. 5400 Savings of ‘B’ = (6400 – 5400) = Rs. 1000 Required ratio = 1200:1000 = 6:5 Hence, option b.
According to RBI,which country was the largest source of FDI in India for the year 2016-17?
Under the provisions of the Industrial Disputes Act 1947, the employer of any industry declares lay-off, is required to provide alternate employment to ...
The main determinant of real wage is:
What term is used to describe inflation caused by an increase in the cost of production inputs?
Which type of union avoids political action and resorts to strikes only when necessary?
The principle of indemnity aims to prevent:
Which of the following statement is/are incorrect about “Gross Domestic Product”?
I. Gross Domestic Product (GDP) is that i...
Who among the following founded the city of Ahmedabad?
____provides a mutually acceptable solution between both the disputing parties and brings about speedy settlement of disputes without resorting to strik...
In Indian Economy, who are Marginal Workers?
...
Relevant for Exams:
