Q1. X and Y are partners sharing profits and losses in the ratio of 3: 2 with capitals of Rs. 50,000 and Rs. 30,000 respectively. Each partner is entitled to 6% interest on his capital. X is entitled to...
In our everyday life, we often come across remarks like, “It will probably rain tonight” or “It is unlikely that India will beat Australia in the ODI series”. What do these statements...
What is the Margin of Safety? Suppose a class 11th student need 33 marks to pass a paper. If a student gets exactly 33 marks, then he will be a pass. These 33 marks are called Break-Even-Point Marks. ...
Practical calculations need to be done using log tables. In order to do so, here are some important formulae. log(mn) = n log(m) log(m×n) = log(m) + log(n) log(m/n) = log(m) - log(n) The log...