Prove that the logarithmic function is strictly increasing on \((0, ∞)\).
The given function is f(x) = log x.
∴f'(x) = \(\frac 1x\)
It is clear that for x>0, f'(x) = \(\frac 1x\) >0.
Hence, f(x) = log x is strictly increasing in interval (0, ∞).
Bittu and Chintu were partners in a firm sharing profit and losses in the ratio of 4 : 3. Their Balance Sheet as at 31st March, 2024 was as follows:
On 1st April, 2024, Diya was admitted in the firm for \( \frac{1}{7} \)th share in the profits on the following terms:
Prepare Revaluation Account and Partners' Capital Accounts.
Increasing Function:
On an interval I, a function f(x) is said to be increasing, if for any two numbers x and y in I such that x < y,
⇒ f(x) ≤ f(y)
Decreasing Function:
On an interval I, a function f(x) is said to be decreasing, if for any two numbers x and y in I such that x < y,
⇒ f(x) ≥ f(y)
Strictly Increasing Function:
On an interval I, a function f(x) is said to be strictly increasing, if for any two numbers x and y in I such that x < y,
⇒ f(x) < f(y)
Strictly Decreasing Function:
On an interval I, a function f(x) is said to be strictly decreasing, if for any two numbers x and y in I such that x < y,
⇒ f(x) > f(y)
