Question
An article with cost price of Rs. 1800 is marked 44%
above its cost price and sold after two successive discounts of 20% and Rs. ‘X’ respectively such that it is sold at a profit of 14%. Find the value of ‘X’.Solution
Marked price of the article = 1800 × 1.44 = Rs. 2592 Selling price of the article after first discount = 2592 × (80/100) = Rs. 2073.6 Selling price of the article after second discount = 2073.6 × 1.14 = Rs. 2052 So, second discount = X = 2073.6 – 2052 = 21.6
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
Match the following
...
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
Which of the following demand functions has unitary elasticity everywhere?
What was the Financial Inclusion Index (FI Index) value in March 2024?
The wealth distribution in a certain country is described by following Lorenz Function
F(x) = x4 where x lies between 0 and 1. Please...
Hirschman takes divergent series of investment as a project that :Â
Under nominal wage rigidity, the short run aggregate supply schedule will beÂ
What is the Disinvestment Target of the government in the Union Budget 2022-23?
According to monetarists view, in the long-run, the Philips curve
Relevant for Exams:
