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Atransfer paymentis apaymentof money for which there are no goods or services exchanged.Transfer paymentscommonly refer to efforts by local, state, and federal governments to redistribute money to those in need. Transfer paymentsarenotincorporated in the Gross National Product (GNP) because there are no goods or services offered in return.
A trader buys 120 kilograms of rice at a price of ₹45 per kilogram, incurring a total cost for the entire quantity. He decides to sell a certain porti...
A shopkeeper marked an article 60% above its cost price and made a profit of Rs. 297.6 when he sold the article after giving a discount of 22%. Find the...
P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs....
Pens are bought at the rate of 8 for Rs.40 and sold at 6 for Rs.40. Find the loss or gain per cent.
A shopkeeper sold two articles for Rs. 3588 each. One article is sold at a profit of 15% while another one is sold at a loss of 20%. What will be the su...
A seller marked his article 80% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole trans...
The price of an article marked at 30% above cost price is sold at a profit of 25%. If it were to be sold at a discount of 25%, ind the percentage decrea...
When a person sold an article, his profit% is 45% of the selling price. If the cost price is increased by 60% and the selling price remains the same, th...
A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have...
The difference between the marked price and the cost price of a laptop is Rs. 2200. After offering a discount of Rs. 700 on the marked price, if the mar...
