Question
For a monopoly firm the demand curve is Q=20-2P. For the
profit maximizing quantity of 8 units, the mark up of the firm is ÂSolution
A merchant sets the price of an item Rs. 6,000 higher than its original cost and offers a discount of 16(2/3) %. As a result, the merchant makes a 25% p...
A person sold his goods after announcing two successive discounts of 32% each. The effective discount altogether is
A shopkeeper first allows a discount of 20% on a certain variety of cloth and then further gives a discount if 15% to the persons holding a shareholder...
A merchant bought two items: a mixer and a juicer for Rs. 9,500. He sold the mixer at a profit of 30% and the juicer at a loss of 20%. Determine the cos...
P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs....
A bookshop owner sold a novel after offering two successive discounts of 12% and 10%, respectively, such that he earned a profit of 25%. Find the cost p...
Cost price of a bag is Rs.750. The shopkeeper marked it 80% above the cost price and sold it after giving a discount of 20%. If the shopkeeper had sold ...
A shopkeeper bought a mobile phone for Rs. 18,500 and sold it for Rs. 21,275. What percentage of profit did he earn in this transaction?
A shopkeeper allows a discount of 10% on the marked price and still makes a profit of 20%. If the marked price of the article is Rs. 1,500, find the cos...
A man buys cashew nuts at Rs.600 per kg and sells them at Rs.15 per 50 grams. What is his profit/loss percentage?
