Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 35
Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is
Solution
Marked price = Rs. 5000
Discount % = 20%
=> Selling price = $$5000\times\frac{(100-20)}{100}$$
= $$50\times80=Rs.$$ $$4000$$
Thus, Reema's consumer surplus = $$7000-4000=Rs.$$ $$3000$$
=> Ans - (A)
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
