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Two stores A and B bought the same product from the company at the same price. Store A marked the price of the product 50% above its cost price and offered two successive discounts of 15% and 10% on the marked price of the product, while store B marked the price of the product 60% above its cost price and offered two successive discounts of 15% and 12% on the marked price of the product. If a customer buys the product from store B, he has to pay Rs. 986 more than that at store A. At what price the two stores bought the product from the company?
Mohan deposit certain amount in bank saving account for 6 year which give simple interest of x% annually and invest same principle in fix deposit for 2 year which gives interest rate 10% and compounded annually, total interest he get from saving account to fix deposit in the ratio of 6 : 7, if bank provide (x + 3)% rate annually on saving account deposit, then difference of interest arise Rs.7,500 between saving account and fix deposit after respective time period, what amount he invest in fix deposit?
Match List I with List II: List I (Pricing Strategies) List II (Description) (A) Ramsay pricing (I) Setting a high price when a product is first introduced and gradually lowering price as it gains scale (B) Price skimming (II) Firm charges lower price (than the ongoing price) to gain market entry (C) Cost plus pricing (III) Price deviations from marginal cost should be inversely proportional to price elasticity of the product (D) Penetration pricing (IV) It is full cost pricing strategy that also includes mark up for target return, degree of competition, price elasticity and availability of substitutes. Choose the correct answer from the options given below:
 A product costing 60 paise per unit to produce had been selling at the average rate of 1200 units per month. After the product was improved, sales increased to an average of 2000 units per month. However, the new product cost five percent more to produce. If the manufacturer's selling price in each instance was 75 paise per unit, what was the manufacturer's added profit per month with the newer product?
Product A is costlier than product B by Rs. 2. If the price of product A is increased by two times the price of product B. the new price of product A become Rs. 17. What is the price of product B?
In the following question, two statements are numbered as A and B. On solving these statements we get quantities A and B respectively. Solve for the both quantities and choose the correct option. Quantity A: A shopkeeper marks the price of his product 20% above its cost price and sells it at a discount of 10%. If he earns a profit of Rs. 120, what is the cost price of the product? Quantity B: A product is successively sold twice earning a profit of 10% and 20% respectively. If the original cost price of the product is Rs. 1050, what is the final selling price of the product?
When the price of a product was marked 40% above its cost price and was sold at a discount of 25%, the selling price of the product was Rs. 1890. Find the selling price of the product, if the marked price was 30% above the cost price and the discount was 20%.
Among six commodities P, Q, R, S, T and U, the price of Q is 1.5 times that of T. The price of U is four times that of P. The price of S is equal to the price of R. The price of P is 3.5 times that of R. The price of T is twice the price of R. The price of P is Rs. 70. What is the price of Q?
If the selling price of a refrigerator is 26% more than its cost price and the discount offered on its marked price is 4%, then which of the following is correct? I. The ratio of its selling price to the cost price is 63 ∶ 50 II. The ratio of its cost price to the marked price is 7 ∶ 4 III. The ratio of its marked price to the cost price is 21 ∶ 16
If the selling price of a wardrobe is 54% more than its cost price and the discount offered on its marked price is 1%, then which of the following is correct? I. The ratio of its cost price to the marked price is 3 ∶ 7 II. The ratio of its cost price to the selling price is 50 ∶ 77 III. The ratio of its marked price to the cost price is 14 ∶ 9