Question
Trader M gives a single discount of 30% and Trader N
gives two successive discounts of 20% and 10% on an identical article. If the discount given by M is Rs.500 more than the discount given by N, find the marked price (in Rs.) of the article.Solution
Let the Marked Price (MP) be ₹x. Discount by M = 30% of x = 0.3x Successive discounts by N: First 20%, then 10% on the reduced price. Effective discount % = 20 + 10 - (20*10)/100 = 28% Discount by N = 28% of x = 0.28x According to the question: 0.3x - 0.28x = 500 0.02x = 500 x = 500 / 0.02 = ₹25,000
The societal marketing concept is most closely related to:
When compared with telephone and mail surveys, which of the following is NOT a characteristic of individual interview surveys?
IMC Inc. focuses specifically on social media content marketing for their clients and hence would be considered a:
Which of the following is NOT a criterion for selecting a market segment?
The type of demand forecasting, which is based on data from customer surveys is known as _________.
Inseparability in services means:
Which survey is most expensive because of the interviewer's time and travel expenses?
A CRM is only effective if it includes:
Strikes throughout the country almost led to Namibia's financial ruin. For a company trying to do business in Namibia during that period, the strikes wo...
There is a limit on imported television sets to the United Kingdom and Japanese motorcycles to Italy. These are examples of:
