Since the drug is lifesaving and has no close substitutes, the demand is likely to be relatively inelastic. This means that even if the company increases the price, the quantity demanded will not decrease significantly because patients are willing to pay a high price for a life-saving treatment.
Two candidates are contesting in an election. All votes are valid votes. A candidate who gets 38% of votes is rejected by 28,800 votes. The total numbe...
. A vendor purchased 300 mangoes for ₹600. Some of the mangoes were rotten and were thrown away. He sold the remaining mangoes at ₹3 each and made a...
A person marks his goods 40% above the cost price. He sold 30% of goods at marked price, 60% of the remaining at a discount of 20% and remaining at 40% ...
The monthly income of B is 25% more than that of A. If the income of B is Rs. 42000 and A saves 40% of his monthly income, then find A’s expenditure....
Fresh Watermelon contain 60% water, Dry Watermelon contain 30% water. From 1 Quintals fresh Watermelons, approximately how many kg of Dry Watermelon can...
Arvind spends 30% of his salary on travelling and 25 % on car fuel. If he spends 10% of his remaining salary on food and saves the rest, then What will ...
B invests 40% of his monthly salary on Travelling and 25% of remaining on Food. Again, he invested 20% of the remaining (after travelling and food expen...
In a city, the number of persons travelling by bike is 70% the number of persons travelling by metro. The number of persons travelling on foot is 80% th...
The price of a sweater is increased by 30% and then decreased by 20%. What is the net change in the price(in%)?
In a competition between two candidates, the victor secured 60% of the overall legitimate votes. Out of a total of 1800 votes cast, 5% were deemed inval...
