If price of an article decreases from Rs 100 to Rs 80, when quantity demanded increases from Q1 units to 4600 units, and if point elasticity of demand is 0.75 find Q1?
The average revenues of 7 consecutive years of a company is Rs 79 lakhs. If the average of first 4 years is Rs 74 lakhs and that of last 4 years is Rs 86 lakhs, what is the revenue for the 4th year?