Question
A man invested Rs. 'A' at simple interest of 10% and Rs.
'A + 3000' at simple interest of 8% p.a., for 6 years each. If the interest earned from both investments is the same, then find the sum invested at the lower rate of interest.Solution
ATQ, Simple interest = Sum X rate of interest X time period of investment Γ· 100 ATQ; Or, 6A = (A+3000)Γ4.8 Or, 6A = 4.8A+14400 Or, 1.2A = 14400 Or, A = 12000 So, sum invested at lower interest = 12000 + 3000 = Rs. 15,000
Mahalanobis model is β
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
If quantities of all commodities change in the same proportion then
Let X and Y represent prices in Rs of a commodity in Kolkata and Mumbai respectively. It is given X(bar) = 65, Y(bar) = 67, standard deviation...
The price elasticity of demand for good X is known to be twice that of good Y. Price of X falls by 5% while that of good Y rises by 5%. What is the perc...
In a time-series forecasting problem, if the seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say...
What is the probability of getting atleast one head if three unbiased coins are tossed?
Which of the following institutions is primarily concerned with promoting stability in the international monetary system through surveillance and lending?
Refer to the below table and calculate the NNPmp
Which of the following could be a remedy for Multicollinearity Problem?