Question
If the income tax is increased by 18% the net income is
reduced by 3%. Find the rate of income tax?Solution
Income tax  x (18 /100)  = Net income x (3/100) Income tax / net income = 3 / 18 Total income = Net income + Income tax Total income = 18 + 3 = 21 Rate of income tax = (3/21) x 100 = 14.28 %
If the R2Â value for a regression line is 0.70 for 50 observations. What is the adjusted R-square value if the number of independent variable...
TVC = x³ – b x²
Total Fixed Cost (TFC) = 848Â
Find the value of b such that Marginal Cost (MC) is minimum at x = 16.
...When the slope of average cost is positive then which of the following holds
The primary deficit in a government budget will be zero, when _______
Which of the following statements regarding Priority Sector Lending (PSL) norms in India is incorrect?
If factor cost is greater than Market price, then it means that:Â
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
Which one of the following is not an assumption of Marshall’s Cardinal Utility Analysis ?
What is sum product of the error an independent variable in OLS estimation
A perfectly competitive firm was given, P = 60 and TC = Q2 + 8Q + 10. Now price decreases to 54, what is the change in profit?
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