Question
Which of all the following is not an assumption of
Marshall Consumer Theory of Demand?Solution
All are assumptions of Marshall Consumer Theory of Demand.
- A businessman made a profit of 35% on an item, while another businessman sold the same item for a 27% profit. If the first businessman’s profit was Rs. 5...
- A trader sold an item for Rs. 1800 and made a profit of 25%. If he had sold it for Rs. 1200 instead, what would be the profit or loss percentage?
A Person 'P' bought 240 earphones, which was 20% more than the number of speakers he bought. He sold each earphone at Rs. 20 for ...
A Shopkeeper sold an article at 5% loss. If he had sold it for Rs. 350/- more, he would have made 20% profit, find the selling price of the article?
A dishonest trader gains 5% while purchasing a refrigerator and again gains 5% while selling it. What is his overall profit percentage?
A shopkeeper marks an item at Rs. 1200 and gives a discount of 15%. He still earns a profit of 20% on cost. Find the cost price.
- The amount discounted on a microwave oven is Rs. 1000, which is Rs. 400 less than the gain obtained from its sale. If the microwave’s cost is Rs. 1200, d...
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...
A shopkeeper bought article ‘A’ for Rs. ‘x’ and marked it 25% above its cost price and sold it for Rs. 2600. Marked price of article ‘B’ is ...
Ratio of the cost price of article ‘A’ to ‘B’ is 4:5, respectively. Article ‘A’ is marked up by 26% above its cost price and then sold at a ...
