The bounded rationality model of decision making recognizes the limitations of our decision-making processes. According to this model, individuals knowingly limit their options to a manageable set and choose the first acceptable alternative without conducting an exhaustive search for alternatives. When information on alternatives can be gathered and quantified, a rational decision-making model is used so as to maximize the quality of their outcomes.
The cost price of 24 articles is the same as the selling price of x articles. If the profit is 20%, then the value of x is
A trader marks up his goods by 40% and offers a discount of 10%. If the cost price of the goods is ₹300, find his actual profit percentage.
The ratio of the cost price and marked price of an article is 7:10, respectively. The article is sold after giving a discount of Rs. 400 such that there...
The cost price of two dozen bananas is Rs. 48 after selling 9 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per doze...
Cost price of a bag is Rs.980. The shopkeeper marked it 80% above the cost price and sold it after giving a discount of 25%. If the shopkeeper had sold ...
P purchased a book from registered store and gets 13% discount while Q purchased the same book from a roadside stall and got 16% discount. If Q paid Rs....
The sale price of item 'A' is Rs. 9,125, and it generates a profit of 25%. If item 'B' has a cost price that is Rs. 200 higher than the cost price of i...
A shopkeeper sold a school bag at a profit of 55%. Had he sold the school bag at 35% profit he would have earned Rs.188 less. Find the cost price of the...
When a lamp and a table are sold at 10% profit and 25% profit, respectively, the seller earns Rs. 30 more in comparison when they are sold by interchang...
A merchant bought two items: a mixer and a juicer for Rs. 9,500. He sold the mixer at a profit of 30% and the juicer at a loss of 20%. Determine the cos...
