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In monopolistic competition, the many sellers compete with their products on a substitutable basis. For example, if the price of Post raisin bran rises too much, consumers may switch to Kellogg's raisin bran. Coupons and sales are frequently used to reduce customer switching.
A shopkeeper sells an article at a profit of 8(1/3) % of the selling price. Find the actual profit percentage.
If an article is marked 60% above the cost price. If discount of x% is given on the marked price of the article then final profit of 12% is obtained. No...
A shirt is marked 20% above the cost price and sold after a discount of Rs.104 at Rs.400. Find the cost price of the shirt.
Mr. Christian bought 75 shirts for Rs. 75 each. He sold 60 of them at a loss of 10%. He wants to gain 20% on the whole. Then find his gain percent on th...
A and B started a partnership business investing in the ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their...
A businessman buys some lemons at the rate of 2 for 1 rupee and the same number of lemons at the rate of 3 for 1 rupee. At what price should he sell all...
The marked price of a product is Rs.320 more than the cost price. If 15% discount offered on the marked price and the profit percent on that product is ...
Ratio of the cost price of article ‘A’ to ‘B’ is 6:7, respectively. Article ‘A’ is marked up by 30% above its cost price and then sold at a ...
A bought an article at 12.5% less of the marked price and sold it at 5% more than the marked price. Find the profit earned by him.
The ratio of cost prices of two articles ‘A’ and ‘B’ is 5:1 respectively and the average cost price of articles ‘A’ and ‘B’ is Rs. 1200....