Question
An item's price is set 25% higher than its cost price.
After applying two consecutive discounts of 20% and 25%, it is sold for Rs. 1,500. Calculate the original cost price of the item.Solution
Marked price of the article = 1500/(0.75 × 0.80) = Rs. 2,500 Cost price of the article = 2500/1.25 = Rs. 2,000
Refer to the below table and calculate the NNPmp
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In which year FRBM Act was enacted ?
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
Among the following production functions which one is having decreasing returns to scale
If bxy = 0.20 and rxy = 0.50, then byx is equal to:
What is the currency deposit ratio (cdr)?
According to the Mundell-Fleming Model under a regime of perfect capital mobility and a fixed exchange rate, which policy tool is rendered completely in...
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
Relevant for Exams:
