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Inflation leads to fall in purchasing power. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy.
The cost price of five dozen sandwiches is Rs. 300. After selling 42 sandwiches at the rate of Rs. 90 per dozen, the shopkeeper reduced the rate and sol...
A dishonest shopkeeper takes 20% more than the indicated weight when he purchases the items from the dealer. He gives 20% less than the indicated weight...
By selling 18 table fans for Rs 11,664 a man incurs a loss of 10%. How many fans should be sold for Rs.17,424 to earn 10% profit?
The selling price of an article by two different vendors is Rs.900 and profit earned is 20%. One vendor counts his profit on cost price while other one ...
Article 'Q' is sold at a profit of 20% which earns a profit of Rs. 400. If Article 'Q' is marked 50% above its cost price and then sold after offering t...
A and B started a business with investments in the ratio 11:10 respectively. After 10 months, C joined them with an investment 40% more than the investm...
A shopkeeper marks an article at 40% above the cost price and gives a discount of 20%. If the cost price of the article is ₹500, find the profit.
A spent 26% of his monthly income on study and 55% of the remaining on rent. If amount spent on rent is Rs. 2035, then find the amount spent on study
By selling 72 articles, a loss equal to the selling price of 8 articles was incurred. What is the loss percentage?
A shopkeeper marked an article P% above its cost price and sold it for Rs. 480 after giving a discount of 20%. If the ratio of cost price and selling pr...