The statement talks of 'increasing demands' of consumers. It does not imply that consumers were indifferent to price and quality earlier. So, I is not implicit. Besides, the statement mentions I that increasing competitiveness has made available to consumers a wide variety of options which has led them to comparing things and choosing the one which best suits their requirements and budget. They are thus getting better 'value for their money'. So, II is also not implicit.
Cost price of a bag is Rs.600. The shopkeeper marked it 60% above the cost price and sold it after giving a discount of 20%. If the shopkeeper had sold ...
What price should a shopkeeper mark on an article costing him 300 to gain 40% after allowing a discount of 30%?
The ratio of the cost price to the marked price of an article is 1:2 and the ratio of the profit percentage to the discount percentage is 2:1. Find the...
A tradesman marks his goods 32% above the cost price and allows his customers 10% reduction on their bills. What percentage profit does he make?
Deepak sells all his goods available in his shop at the cost price, but he cheats on his customers and gives 25% fewer goods than he should give. Find h...
A shopkeeper sells an article at a profit of 12.5% on the selling price. Find the actual profit percentage.
When a shopkeeper bought an article and marked it at Rs. 300. By selling the article at a discount of 10%, he earns a profit of 2...
Amazon allows 15% discount to his customers and still earn 19% profit. If the production cost of the product is increased by 12% therefore Amazon issued...
In a fruit shop, there are 750 fruits in total. Unfortunately, 20% of them are rotten and unsellable. From the good fruits left, half are sold at the c...
A book is sold at two different prices. When sold at a loss of 22%, it fetches Rs. 165 less than when it is sold at a profit of 11%. What would be the s...
