Question
The concept of diminishing marginal utility implies
that:Solution
Diminishing marginal utility means that as a person consumes more of a good, the additional satisfaction (marginal utility) from each extra unit declines.
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Ravi scored 35% in an exam and failed by 40 marks. Meena scored 50% and crossed the passing mark by 20 marks. What are the passing marks of the test?
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A candidate who gets 25% marks fails by 12 marks but another candidate who gets 45% marks gets 10% more than the passing marks. Find the maximum marks.
- Ravi appeared for two papers: Physics and Chemistry. He scored 68 out of 80 in Physics and 74 out of 85 in Chemistry. Calculate his total percentage marks.
