The four-firm concentration ratio is the percentage of the value of sales accounted for by the four largest firms in the industry. A ratio of less than 40 percent: indication of monopolistic competition.
A ceramic bowl with a cost price of Rs. 200 is marked 40% above its cost price and sold after two successive discounts of Rs. 40 and 5%, respectively. F...
A seller marked his article 75% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole trans...
A wholesaler mark up his good such that he can gain 8% profit after giving 10% discount to his customers. One particular customer availed a discount of...
A seller sold some pens at a 24% discount, resulting in a loss of 5%. If he had sold the pens for Rs. 30 more, he would have made...
A shopkeeper sold an article at a discount of 13%. If he had given a discount of 7% in place of 13%, then he would have earned Rs. 108 more. If the cost...
'P' bought an item and marked it 60% higher than its cost price. He sold it to 'Q' after offering a discount of Rs. 120. 'Q' then...
The cost price of a blanket is Rs. 900. A seller sells one blanket with a profit of 18%, while the second blanket is sold at a loss of Rs. 150. Determin...
When a lamp and a table are sold at 10% profit and 25% profit, respectively, the seller earns Rs. 30 more in comparison when they are sold by interchang...
A retailer purchased several pants at a cost of Rs. 200 each and sold them for Rs. 300 per piece. He also incurred an average transportation expense of ...
A seller marked the price of an item at Rs. 5,000. The seller gave successive discounts of (b + 5)% and (b - 5)% to a customer. If the customer paid Rs....
