In order to maximize his gain, a shopping mall owner decides to reduce – McqOptions

MCQOPTIONS

1.	In order to maximize his gain, a shopping mall owner decides to reduce the price of electronics goods by 20% and as a result of this, the sales of electronics increase by 40%. If, as a result of these changes, he is able to increase his weekly collection by Rs. 1,05,000, find by what value did the gross collection increase per day?
A.	Rs. 14400
B.	Rs. 14600
C.	Rs. 14800
D.	Rs. 15000
Answer» E.

Discussion

No Comment Found

Related MCQs

100 kg of rice costs $90 and if one person consumes $27 worth of rice in a month, for how many people will 150 kg of rice be enough for a month?
If all sides of a hexagon are increased by 7%, find the % increase in its area.
Last year Edna’s annual salary was $20,000. This year’s raise brings her to an annual salary of $25,000. If she gets a raise of the same percentage every year, what will her salary be next year?
In measuring the side of a square, an error of 5% in excess was made. The error percent in the calculated area is:
If a mixture is (3/7) alcohol by volume and (4/7) water by volume, what is the ratio of the volume of alcohol to the volume of water in this mixture?
Gasoline varies in cost from $0.96 to $1.12 per gallon. If a car’s mileage varies from 16 to 24 miles per gallon. What is the difference between the most and the least that the gasoline for a 480-mile trip will cost?
A man spends 75% of his income. His income is increased by 20% and he increases his expenditure by 10%. His savings are increased by:
Cal is used to display calendar. If no arguments are supplied, what is displayed?
A man spends 10% of his capital on raw material, 20% of the remaining on advertisement, 30% of the remaining on building, 40% of the balance on machinery and thus he was left with Rs.9072. Find his capital.
A man spends 20% of his capital on raw material, 25% on building, 10% on the machinery and he was left with 4.5 lakh rupees. Find his actual capital?