Due to a rise of `12%` in the price of mangoes a dealer gets 27 kg less for Rs. 24750. Find
(a) The new price per kg of mangoes.
(b) The orginal price per kg of mangoes (approximately).
Let A be the event that the first mango is good, and B be the event that the second one is good. Then, required probability is
`P(B//A)=(P(AnnB))/(P(A))`
Now, probability that...
`{:(" Price"," Demand"),(" " 7," "12),(" "6," "(72)/(6)=12):}`
`E_(P)=(P)/(Q)xx(DeltaQ)/(DeltaP)`
`=(7)/(12)xx(0)/(-1)=0`
The demand curve is parallel to the y- axis.
`E_(s) ` of X `=(40)/(16)=2.5`
`therefore " "E_(s)` of Y =`2.5 div 2=1.25`
`E_(s)` of Y `=(%"change in supply")/(% "change in price")`
`1.25=(%"change in supply")/(8)`
% change in supply `=8xx1.25=10`...