Question
Consumer behavior can be explained with which of the
following? I. Cardinal utility analysis II. Ordinal utility analysisSolution
The correct answer is B
A vendor earns a profit equal to the cost price of 8 metres of fabric when selling 40 metres of fabric. Calculate the percentage profit.
A company produces two types of products, A and B. The production cost per unit for product A is ₹600 and for product B is ₹800. The company produce...
The profit percentage of K and L is same on selling the articles at Rs. 48800 each but K calculates his profit on the selling price while L calculates ...
An item is sold for Rs. 135 more when its profit margin is 20% compared to when it incurs a 40% loss. Determine the original cost price of this item.
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A retailer marked an item 25% above its cost price. If the cost price of the item is Rs. 640 and he offered a discount of 15% on the marked price, find ...
Article ‘P’, if sold at a profit of 20% earns a profit of Rs. 500. If article ‘P’ is marked 40% above its cost price and then sold after offerin...
A person bought an article and sold it at a loss of 20%. If he had bought it at 10% less price and sold it for 7400 more, he would have gained 30%. Find...
'A' and 'B' started a business by investing Rs. 7,200 and Rs. 9,000, respectively. If 'A' and 'B' invested their investments for 10 months and 14 months...
An article with a cost price of Rs. 400 is marked up by 40% above its cost price and sold after a discount of 15%. Calculate the ...
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