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When there is a decrease in the general price level of goods and services, the situation in the economics in known as Deflation. It is a situation when inflation rate falls below 0% i.e, a negative inflation rate. Sudden deflation increases the value of currency over time allowing more goods and services to be bought than before with the same amount of currency unlike Inflation as it reduces the value of currency over time.
What is the difference between the monthly amount spent by Sumit on payment of various bills and the amounts spent by him on loan instalments?
Mr. Karma started a Coaching classes and for that he wanted to purchase 50 chairs for the classroom cost of which was Rs.200 each. The trader offered h...
A trader marks all his goods at 60% above the costs price and offers a discount of 15% on the marked price. What is the actual profit % on...
A book is listed at Rs. 1200 and the discount offered is 10%. What additional discount must be given to bring the net selling price to Rs. 900?
The price of a printer is marked at Rs 15000. If successive discounts of 10%, 20% and 25% allowed, then at what price does a customer buy it?
A watch dealer pays 10% customs duty on a watch which costs Rs.500 abroad. He desires to make a profit of 20% after giving a discount of 25% to the buye...
The amount spent to his family forms approximately what percent of his monthly savings?
A merchant marked the price of an article by increasing its production cost by 40%. Now he allows 20% discount and gets a profit of Rs. 48 after selling...
A Shopkeeper marks the price of a refrigerator at Rs. 30,000/- and gives a discount of 15%. He also gives a mixer grinder worth Rs. 1,500 free with the...
If a company sells a bikes with a marked price of Rs 3,50,000 and gives a discount of 3% on Rs 1,80,000 and 5% on the remaining amount of Rs 1,70,000, t...
