Question
A bank that regularly monitors competitor interest rates
and adjusts accordingly is following:Solution
Competitive pricing sets rates based on competitors’ benchmarks. Why others are incorrect: Cost-plus uses internal cost; Skimming uses high initial rates; Value-based uses perceived value; Psychological uses pricing tricks. Banking Example: Matching competitor home loan rate reductions.
- The sum of two numbers is 40 whereas the sum of their reciprocals is (10/3). Find the square of the product of the two numbers.
A two-digit number is such that the sum of its digits is 10. If 36 is added to the number, the digits interchange their places. Find the number.
The sum of three consecutive odd natural numbers each divisible by 3 is 81. Which number is the largest number among the three numbers?
- In a set of 10 data points, the average of the first three numbers is 12 and the average of the last five numbers is 27. If the average of the 4th and 5th ...
When a number is increased by 60% then the number obtained is 56 less than thrice the original number. Find the original number.
- Determine the smallest 5-digit number that is divisible by 16, 28, 32 and 40.
Out of four numbers, the average of the first three is 16 and that of the last three is 14. If the last number is 17, then find the first number?
- 32% of 40% of 500 = q + 12, find the sum of squares of the digits in ‘q’.
In an examination, five students—A, B, C, D, and E—participated. The overall average score for these students was 58. Specifically, students A, C, a...
- There are nine consecutive even numbers. The smallest number is 20% less than the largest number. What is the sum of the second smallest and second largest...
Relevant for Exams:
