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Framing effect is an example of cognitive bias, in which people react to a particular choice in different ways depending on how it is presented. For example, a salesperson promoting a product would much rather claim ‘85% of customers were satisfied with the product’ than admit ‘15% of customers were dissatisfied’. But the two statistics actually convey the same information.
The population of the town is 234000. 4/9th of them are males and rest are females. 50% males and 40% females are married. Find the percent of married p...
In an election between two candidates, winner got 65% of total valid votes. If total number of votes cast were 2000 out of which 6% were invalid, then f...
In an examination in which full marks were 400. Harry got 20% more than Peter, Peter got 20% less than Tony. If Harry got 240 marks. What percentage of ...
A salesman is allowed 12% commission on the total sales by him and a bonus of 1% on the sales over Rs. 10000. If the total earnings of a salesman is Rs....
The income of a person is Rs.12000 and his expenditure is Rs.8000. In the next year his income and expenditure is increased by 10% and 20% respectively....
A man spends 22% and 20% of his monthly salary on rent and transportation, respectively. Out of the remaining money, he spends 33% on food and 50% on en...
A man spent 20% of his income in May. If his savings is increased by 20% in June and becomes Rs. 11520, then find the income of man in May.
Three friends namely Ram, Laxman and Bharat went out for lunch. They divided the entire bill among themselves such that the amount paid by Ram and Laxma...
Rahul saves Rs. 6800 more if he spends 70% of his income instead of 90%. Find the savings of Sumit whose income is 25% more than that of Rahul, and spen...
I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?
