Question
In a market economy
Solution
In a market economy, forces of market interact (demand and supply) to determine prices and prices in turn allocate the economy’s scarce resources.
The income of ‘A’ increases by 20% every year. If his income 3 years hence from now will be Rs. 62208, then find his income a year before from now.<...
A shopkeeper charges sales tax of x% up to Rs, 2000 and above it he charges y%. A customer pays a total tax of Rs. 320, when he purchases the goods wort...
A man spends 72% of his income. If his income increases by 28% and his expenditure increases by 25%, then what is the percentage increase or decrease in...
A reduction of 20% in the price of cinema tickets would enable me to see 15 movies more for Rs. 1200. Find the original price of one ticket.
- A refrigerator depreciates in value by 18% in the first year and then 12% in the next year. If its price after 2 years is Rs. 25,872, what was its initial ...
Divya saves 45.5% of her total salary. Express the part of her savings in decimal form.
The boys and girls in a college are in the ratio 3:2. If 15% of the boys and 25% of the girls are adults, then adults are approximately how much % less ...
There are 100 students in a particular class. 55% students play rugby, 30 % play basketball and 15% play both the games. What is the number of students ...
A company allowed 16% commission on the total sales made by the salesman and a bonus of 1% on the sales over Rs.25000. If the salesman deposited Rs. 66...
The population of a city is decreased by 14% in the first year and then increased by 25% in the second year. Find the population of the city at the end...