A fruit seller bought 186 bananas at the rate of ₹72 per dozen. He found that 36 bananas were rotten and could not be sold. He sold the remaining bananas at the rate of ₹8 per piece. What is his percentage gain in the whole transaction? (Correct to two places of decimal)
Cp of 12 bananas=72 Rs Now Cp of 1 banana=6 CP of 186 bananas =6×186=1116 Rotten bananas =36 Remaining bananas =186-36=150 SP of 151 Bananas =150×8=1200 Profit =1200-1116=84 Percentage profit = (84/1116) ×100 =2100/279=7.52%
If factor cost is greater than Market price, then it means that:
'Distributed Profits' is also known as:
Zia wants to increase total revenue at his restaurant. The price elasticity of demand for several dishes that he serves are given in the table...
If price charged by the firm is Rs.10 and quantity sold is 15 units. Marginal cost is Rs. 5. What is the Lerner’s Index of Monopoly power?
The last period’s forecast was 70 and demand was 60. What is the simple exponential smoothing forecast with alpha of 0.4 for the next period...
Demonetization refers to
A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become
What is the terms of trade formula?
The correlation coefficient between X and -X is:
A wholly owned subsidiary of the Reserve Bank is responsible for the production of bank notes and manages 2 presses, one each in Mysore and Salboni res...
