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Cost-Push Inflation Cost-push inflation occurs when demand-pull inflation is going strong. When raw materials costs increase for businesses, the businesses in turn must raise their prices, regardless of demand. Demand-Pull Inflation When demand for goods or services rises faster than the supply of those goods and services, the result is demand-pull inflation. Demand-pull inflation is when there is an increase in aggregate demand, and the supply remains the same or decreases. When supply cannot meet growing demand, prices for goods and services are pulled higher.
Article ‘P’, if sold at a profit of 18% earns a profit of Rs. 360. If article ‘P’ is marked 30% above its cost price and then sold after offerin...
A reduction of 20% in the price of rice enables a customer to purchase 125 kg more for Rs.8,000. What is the original price of rice
Rohit sold 20 watches at a profit of 30%. If he had sold the watches for Rs. 2400 more in total, his overall profit would have been 50%. What is the sel...
Roshan purchased 100 rolls of paper for Rs. 32 per roll. He spent Rs. 450 on their transportation. He also paid 20 paise per roll for packing of each ro...
The cost price of two articles is same. One article is sold at 20% profit and another at 10% loss. If the selling price of one article is Rs. 999 more t...
A merchant bought an article at a cost price of ₹8000. He sold it to a customer at a price which is 25% more than the cost price. The customer then se...
A tradesman marks his goods 32% above the cost price and allows his customers 10% reduction on their bills. What percentage profit does he make?
Marked price, selling price and cost price of an article are in the ratio 10:7:5. If difference between marked price and cost price of an article is Rs....
Meera purchased 10 dozens of apples, which cost Rs. 90 per dozen. She sold 6 dozens of apples at Rs. 108 per dozen. At what rate per dozen did she sell ...
Profit on selling 40 pens equals selling price of 12 books while loss on selling 40 books equals selling price of 16 pens. Also profit percentage equals...
