A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent ?

Related Mcqs:

“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the______________?

A. Law of diminishing return B. Law of supply C. Law of demand D. Law of supply and demand...

What market situation exists where there are few sellers and few buyers ?

A. Oligopoly B. Oligopsony C. Bilateral oligopoly D. Bilateral Oligopsony...

You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank ?

A. P 62.44 B. P44.55 C. P54.66 D. P37.56...

What refers to the present worth of cost associated with an asset for an infinite period of time ?

A. Annual cost B. Increment cost C. Capitalized cost D. Operating cost...

Return on investment ratio is the ratio of the_____________?

A. Net income to owner’s equity B. Market price per share to earnings per share C. Cost of goods sold to average cost of inventory at hand D. Net credit sales to average net receivable...