In a business venture a man can make a profit of Rs. 2000/- with probability of 0.4 or have loss of Rs. 1000/- with probability 0.6. His expected profit is

Q10 A business evaluates a proposed venture as follows.It stands to make a profit of Rs.10,000 with probability 3/20, to make profit of Rs.5,000 with probability 9/20, to break even with probability 1/4 and to lose Rs.5,000 with probability 3/20. The expected profi in Rs.is A ,500 B.0 C.,500 D 3,000

If it rains a dealer in raincoats can earn Rs.500/- a day.If it is fair he will lose Rs 40/- a day.His mean profit if the probability of a fair day is 0.6 is

A and B invest in a business in the ratio 3 : 7. The business makes a profit of Rs. 60,000 in 1 year. They decide to distribute the profit remaining after reinvesting 40% of the profit. How much will A get (in Rs.)

A started a business with Rs.10000 after 6 months B joins with Rs.12000. At the end of the year total profit is Rs.96000. Find the share of A in the profit.

A book was sold for Rs.27.50 with as profit of 10%. If it were sold for Rs.25.7, then what would have been the percentage of profit or loss?

A's share in a business is 3// 4th of B's share. B got a profit of Rs.1200 by investing Rs.40000 in the business. What will be the ratio of A's profit to his investment in the business? Options are (A) 100:3 (B) 3: 100 (C) 3:10 (D) None of these.