Question
The government increases its expenditure by ₹200
million, and the marginal propensity to consume (MPC) is 0.75. Assuming no change in taxes or prices, what is the resulting equilibrium level of national income?Solution
A shopkeeper marks the price of an article 25% above its cost price and then allows a discount of 10% on the marked price. What is his profit percentage?
An item is sold with two successive discounts of 15% and 20%. Had it been sold for Rs. 204 more, the seller would have made a profit of 6.25%. Given tha...
An item is marked up by 60% over its cost price and sold with two successive discounts of 15% and 10%. What is the shopkeeper’s profit or loss percent...
When a seller sells his article for Rs. 32,060/- , he incurs 30% loss on the transaction. At what price should he sell the article to earn 10% profit on...
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...
The cost price of 24 articles is the same as the selling price of x articles. If the profit is 20%, then the value of x is
An article Marked price is 30% above its cost price and it is sold at a discount of 10% making a profit of Rs.850.Then, what will be the selling price o...
A fruit seller buys oranges at the rate of 15 for ₹60. How many oranges should he sell for ₹60 to gain 25%?
A shopkeeper obtained an accessory for Rs. ‘a’ and marked it 170% above its cost price, then sold it after offering two successive discounts of 1000...
A fruit seller buys oranges at the rate of 11 for ₹55. How many oranges should he sell for ₹54 to gain 20%?
