Question
Meera purchased 10 dozens of apples, which cost Rs. 90
per dozen. She sold 6 dozens of apples at Rs. 108 per dozen. At what rate per dozen did she sell the remaining apples if the overall profit earned by her was 18%?Solution
ATQ, Total cost price of 10 dozens of apples = 10 X 90 = Rs. 900 Selling price of 6 dozens of apples = 6 X 108 = Rs. 648 Overall selling price of 10 dozens of apples = 1.18 X 900 = Rs. 1062 Therefore, the required rate of apples per dozen = (1062 - 648) ÷ 4 = Rs.103.50
The lines of regression of a bivariate population are:
            3x-4y=10 and 5y-9x=15. Calculate the correlation coefficient in ...
For which of the following consumption functions, the value of income multiplier, k=5?
According to the Solow Model, which factor is primarily responsible for sustained economic growth in the long run?
In a study examining the relationship between hours of study (X) and test scores (Y) of students, a bivariate regression analysis was conducted. The fol...
A company using first-degree price discrimination has a demand curve given by P=100−2Q. If the marginal cost of production is $10 per unit, what is th...
What will happen when supply elasticity is less than demand elasticity?
Which of the following statements is incorrect regarding Phillips’s curve?
7Â Â Â Â Â Â Â Â Â Â Â Â Â Â 41Â Â Â Â Â Â Â Â Â Â Â 207Â Â Â Â Â Â Â Â Â 825Â Â Â Â Â Â Â Â Â 2479Â Â Â Â Â Â Â 4953
12       a  ...
Hirschman takes divergent series of investment as a project that :
A spot purchase of a currency coupled with simultaneous forward sale of the same currency is called: