The principle of least cost combination states that if two factor inputs are considered for a given output the least cost combination will be such where their inverse price ratio is equal to their marginal rate of substitution.
The marked price and cost price of an article are in the ratio of 8:3, respectively. The seller sold the article after giving a discount of 45% on the m...
A bought an article at 20% less of the marked price and sold it at 25% more than the marked price. Find the profit earned by him.
An item is sold for Rs. 135 more when its profit margin is 20% compared to when it incurs a 40% loss. Determine the original cost price of this item.
Marked price of an article is 1.45 times of cost price. Selling price is Rs. 1500.Find the discount percentage if profit percentage is 25%
Rohan bought a bookshelf and sold it at a profit of 15%. Had he bought it for Rs. 200 less and sold it for Rs. 300 more, he would have earned a profit o...
When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss i...
Kailash went to purchase a chimney, the shopkeeper told him to pay 26% tax if he asked the bill. Kailash manages to get the discount of 12% on the actu...
One article is sold at 16% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 126. If the cost price of ...
A farmer sells two cows at ₹5000 each. On one, he gains 25%, and on the other, he loses 20%. Find his overall profit or loss.
Find a single discount percentage equivalent to successive discounts of 20%, 30%, and 35% ?