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Law of demand · It explains relationship between the quantity demanded of a commodity and its unit price. · As per it, demand varies inversely with price, other thing being equal. · rise in the price of a commodity or service is followed by a reduction in the quantity demanded and fall in the price is followed by extension in demand, with other conditions remaining the same.
A company sells two products, X and Y. The selling price of product X is ₹500, and the selling price of product Y is ₹800. The company offers a 10%...
A single discount equivalent to three successive discounts of 10%, 12% and 15% is.
Rohan purchased an item for which there was a 13.5% discount offered on the part of the payment made in cash and a 6.25% surcharge on the part of the p...
What is the single discount equivalent to the successive discounts of 10%, 20%, and 15%?
A discount of 20% on the price of an article is the same as a discount of 25% on the price of another article. The prices of the two articles will be, ...
A product is originally priced at Rs 75,000. What is the difference in the final price if the store offers a single discount of 35% versus two successiv...
If the shopkeeper sells an item at Rs 1000 which is marked as Rs 1250, then what is the discount he is offering?
Riya could not decide between discount of 30% or two successive discounts of 25% and 5%, both given on shopping of ₹3,840. What is the difference bet...
An item with a marked price of ₹4,000 was sold for ₹3,492 after a discount of y% was offered. What was the value of y?
A doll is marked for Rs.2,500. A customer pays Rs.1,800 for it. If the customer got a series of two discounts and the rate of the first discount is 10%,...
