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Find the differential equation by eliminating arbitrary constants from the relation y = (c1 + c2x)ex
Concept: Formation of Differential Equation by Eliminating Arbitary Constant
Verify y = `a + b/x` is solution of `x(d^2y)/(dx^2) + 2 (dy)/(dx)` = 0
y = `a + b/x`
`(dy)/(dx) = square`
`(d^2y)/(dx^2) = square`
Consider `x(d^2y)/(dx^2) + 2(dy)/(dx)`
= `x square + 2 square`
= `square`
Hence y = `a + b/x` is solution of `square`
Concept: Differential Equations
The order and degree of the differential equation `[1 + ((dy)/(dx))^3]^(2/3) = 8((d^3y)/(dx^3))` are respectively ______.
Concept: Order and Degree of a Differential Equation
y2 = (x + c)3 is the general solution of the differential equation ______.
Concept: Order and Degree of a Differential Equation
The degree of the differential equation `((d^2y)/dx^2)^2 + (dy/dx)^3` = ax is 3.
Concept: Order and Degree of a Differential Equation
A salesman receives 3% commission on the sales up to ₹ 50,000 and 4% commission on the sales over ₹ 50,000. Find his total income on the sale of ₹ 2,00,000.
Concept: Commission and Brokerage Agent
A retailer sold a suit for ₹ 8,832 after allowing 8% discount on marked price and further 4% cash discount. If he made 38% profit, find the cost price and the marked price of the suit.
Concept: Commission and Brokerage Agent
An agent who gives a guarantee to his principal that the party will pay the sale price of goods is called ______.
Concept: Commission and Brokerage Agent
Fill in the Blank.
A _______ is an agent who brings together the buyer and the seller.
Concept: Commission and Brokerage Agent
Choose the correct alternative:
The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. The True discount is ______
Concept: Commission and Brokerage Agent
State whether the following statement is True or False:
The trade discount is first calculated on the catalogue (list) price
Concept: Commission and Brokerage Agent
State whether the following statement is True or False:
A factor is an agent who is given the possession of goods and enters a contract for sale in his/her own name
Concept: Commission and Brokerage Agent
Three cars were sold through an agent for ₹ 2,40,000, ₹ 2,22,000 and ₹ 2,25,000 respectively. The rates of commission were 17.5% on the first, 12.5% on the second. If the agent overall received 14% commission on the total sales, find the rate of commission paid on the third car.
Solution: Total selling Price of three cars = 2,40,000 + 2,22,000 + 2,25,000
= `square`
Commision on total sale = 14%
= `14/100 xx square`
Selling price of First car = ₹ 2,40,000
Rate of commission = 17.5%
= `17.5/100 xx 2,40,000 = square`
∴ Commission on first car = ₹ `square`
Selling price of Second car = ₹ 2,22,000
Rate of commission = 12.5%
= `12.5/100 xx 2,22,000 = square`
∴ Commission on second car = ₹ `square`
Selling price of third car = ₹ 2,25,000
Let the rate of commission be x
Commission on third car = `x/100 xx 2,25,000`
∴ Commission on third car = Total commission − (commission on first car + commission on second car)
∴ `x/100 xx 2,25,000 = square - {square + square}`
∴ x = `square`
Concept: Commission and Brokerage Agent
An agent places insurance for ₹ 4,00,000 on life of a person. The premium is to be paid annually at the rate of ₹ 35 per thousand per annum. Find the agent’s commission at 15% on the premium.
Concept: Commission and Brokerage Agent
An agent was paid ₹ 88,000 as a commission on the sales of computers at the rate of 12.5%. If the price of each computer was ₹ 32,000, how many computers did he sell?
Concept: Commission and Brokerage Agent
A lady plans to save for her daughter’s marriage. She wishes to accumulate a sum of ₹ 4,64,100 at the end of 4 years. What amount should she invest every year if she gets an interest of 10% p.a. compounded annually? [Given (1.1)4 = 1.4641]
Concept: Annuity
A person wants to create a fund of ₹ 6,96,150 after 4 years at the time of his retirement. He decides to invest a fixed amount at the end of every year in a bank that offers him interest of 10% p.a. compounded annually. What amount should he invest every year? [Given (1.1)4 = 1.4641]
Concept: Annuity
______ is a series of constant cash flows over a limited period of time.
Concept: Annuity
Multiple choice questions:
If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______
Concept: Annuity
Multiple choice questions:
The present value of an immediate annuity of ₹ 10,000 paid each quarter for four quarters at 16% p.a. compounded quarterly is ______
Concept: Annuity
