Question
Virat allocates his income as follows: he spends 35% on
rent and 25% on groceries. From the amount he has left, he donates 25% and saves the remainder. Given that Virat donated Rs. 7,480, calculate how much he spent on groceries.Solution
Let the income of Virat be Rs. '100x' ATQ; Amount spent on rent = 100x X 0.35 = Rs. '35x' Amount spent on groceries = 100x X 0.25 = Rs. '25x' Amount donated by Virat = {100x - 35x - 25x} X 0.25 = Rs. '10x' 10x = 7480 So, 'x' = 748 Therefore, amount spent on groceries by Virat = Rs. '25x' = 748 X 25 = Rs. 18,700
The money a consumer has left after paying taxes to use for food, clothing, and shelter is known as:
Mixed branding is a branding strategy:
Cisco Systems, the computer networking equipment giant communicates with its distributors, resellers, and customers using its:
A different market segment usually requires a different marketing action that in turn means greater costs. If increased revenues do not offset extra cos...
The social network primarily used for professional networking and job searching is
Services such as restaurants and child care are evaluated on _____ properties.
Having a high-definition (HD) screen on a computer tablet, when all competitive substitutes do not, is considered a:
There is a limit on imported television sets to the United Kingdom and Japanese motorcycles to Italy. These are examples of:
Consumer-oriented sales promotions are:
Which of the following statements about the terms used for marketing intermediaries is true?