Question
A sum of Rs. 3500 is invested at simple interest for 2
years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the total interest received after 2 years.Solution
Total interest received = {3500 × (10 + 18)}/100 = Rs. 980
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The correlation coefficient between X and -X is:
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If quantities of all commodities change in the same proportion then
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2: ...
Which is not a fixed cost?
While calculating Pearson's correlation coefficient, the following values are obtained for 25 pairs of observations. It was later discovered that two pa...
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