Economics statement meaning?
Vibhor Nanda (CA student) (59 Points)
11 June 2012Vibhor Nanda (CA student) (59 Points)
11 June 2012
rajiv
(student)
(197 Points)
Replied 11 June 2012
Hi Vibhor, it means " Suppose that there are 30 crore population in India in 1950 and the persons engaged in agricultural sector are 15 crore, then we can say that 50% of the Indian population is dependent on agriculture. Similary assume that the population of India in 1980 is 80 crore and the persons engaged in agriculture are 20 crores, it means we can say that only 25% of the Indian population is engaged in agriculture. By observing the above two cases we can say that percentage of Indian population dependent on agriculture have decreased from 50% to 20%, but in absolute terms they increased from 15crore to 20 crore" Hope you understand....bye
Vibhor Nanda
(CA student)
(59 Points)
Replied 11 June 2012
koustav de
(student)
(26 Points)
Replied 28 July 2012
in a partnership firm A B C are sharing profits and losses as 1/2 1/3 &1/6 so in what ratio will i divide them and plz show me the process