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Two stores A and B bought the same product from the company at the same price. Store A marked the price of the product 50% above its cost price and offered two successive discounts of 15% and 10% on the marked price of the product, while store B marked the price of the product 60% above its cost price and offered two successive discounts of 15% and 12% on the marked price of the product. If a customer buys the product from store B, he has to pay Rs. 986 more than that at store A. At what price the two stores bought the product from the company?
Which of the following statement (s) is/are true about the following eliminations? (1) Hoffmann product is major product in I (2) Saytzeff product is major product in I (3) Hoffmann product is major product in II (4) Saytzeffproduct is major product in II
A simple stand - alone software utility is to be developed in ’C’ programming by a team of software experts for a computer running Linux and the overall size of this software is estimated to be 20,000 lines of code. Considering (a, b) = (2.4, 1.05) as multiplicative and exponention factor for the basic COCOMO effort estimation equation and (c, d)=(2.5, 0.38) as multiplicative and exponention factor for the basic COCOMO development time estimation equation, approximately how long does the software project take to complete ?  
A company needs to develop digital signal processing software for one of its newest inventions. The software is expected to have 40000 lines of code. The company needs to determine the effort in person-months needed to develop this software using the basic COCOMO model. The multiplicative factor for this model is given as 2.8 for the software development on embedded systems, while the exponentiation factor is given as 1.20. What is the estimated effort in person-months?
The bar diagram given below shows the sales (in lakhs) of five different products A, B, C, D and E by a company during 2001 and 2005. Which of the following statement(s) is/are correct? I. The sale of product B in 2001 is 56.67 percent more than that of product C. II. The sale of product A in 2001 is 146.67 percent more than that of product E. III. The ratio of the sales of product C in 2001 to that of product D in 2005 is 1 : 7.
Product A is costlier than product B by Rs. 2. If the price of product A is increased by two times the price of product B. the new price of product A become Rs. 17. What is the price of product B?
Given below are three quantities named A, B and C. Based on the given information, determine the relation among the three quantities. A shopkeeper bought two products X and Y from a company. He bought product X for Rs. 3060 and sold it to the customer earning a profit of 20%, while he sold the product Y to a customer for Rs. 4160, thereby earning a profit of 30%. Quantity A: If the company earned a profit of 20% on the product X, what is the manufacturing cost of product X? Quantity B: If the company earned a profit of Rs. 600 on the product Y, what is the manufacturing cost of product Y? Quantity C: What is the difference between the total price paid by the customers and the total manufacturing cost of the products X and Y?
Which of the following statement(s) are true with respect to the concept of ‘EFFICIENCY’ as used in mainstream economics? 1. Efficiency occurs when no possible organization of production can make anyone better off without making someone else worse off. 2. An economy is clearly inefficient if it is inside the Production Possibility Frontier (PPF). 3. At a minimum, an efficient economy is on its Production Possibility Frontier (PPF). 4. The terms such as ‘Pareto Efficiency’, ‘Pareto Optimality’ and ‘Allocative Efficiency’ are all essentially one and the same which denote ‘efficiency in resource allocation’. Select the correct answer using the code given below:
Pavan and Sravan are two persons. If Pavan works with his actual efficiency and Sravan twice of his actual efficiency then it takes 25 days to complete the work. But If Pavan works twice of his actual efficiency and Sravan with his normal efficiency then the work is completed in 20 days. How many days would it take if Sravan alone works with his actual efficiency (in Days)?
A Company has a choice of two languages L1 and L2 to develop a software for their client. Number of LOC required to develop an application in L2, is thrice the LOC in language L1. Also, software has to be maintained for next 10 years. Various parameters for two languages. are given below to decide which language should be preferred for development. PARAMETER L1 L2 Man-year needed for development LOC/1000 LOC/1000 Development cost Rs. 70,000 Rs. 90,000 Cost of Maintenance per year Rs. 1,00,000 Rs. 40,000   Total cost of project include cost of development and maintenance. What is the LOC for L1 for which cost of developing the software with both languages must be same ?