A consumer buys a certain quantity of a good at a price of ₹ 10 per unit. When price falls to ₹ 8 per unit she buys 40% more quantity. Calculate price elasticity of demand.

Price elasticity of demand of a good is (-)2. The consumer buys a certain quantity of this good at a price of Rs. 8 per unit . When the price falls he buys 50 percent more quantity . What is the new price ?

A person buys 10 units of a good at ₹6 per unit. When the price falls to ₹5 per unit he buys 14 units. Calculate degree of price elasticy of demand .

A consumer buys 20 units of a good at a price of ₹5 per units. He incurs an expenditurs of ₹ 120 , when he buys 24 units. Calculate price elasticity of demand using the percentage method. Comment upon the likely shape of demand curve based on this information.

A consumer buys 160 units of a good a t a price of ₹ 8 per unit. Price falls to ₹ 6 per unit. How much quantity will the consumer buy at the new price, it price elasticity of demand is (-) 2 ?

A consumer spends ₹1000 on a good priced at ₹ 10 per unit. When its price falls by 20 percent the consumer spends ₹ 800 on the good. Calculate price elasticity of demand by the percentage method.

A cossumer spend ₹ 1,000 on a good priced at ₹ 10 per unit. When price falls by 20 percent , the consumer spends ₹ 800 on the good. Calculate the price elasticity of demand by the percentage method.