Good News - Petrol ka Price Kam hoga but Kab? #shorts

Cause- The government has recently increased its taxes on petrol and diesel by about 10 percent. Which of the following can be a possible effect of the above cause? (a) The petroleum companies will reduce the price of petrol and diesel by about 10 percent. (b) The petroleum companies will increase the prices of petrol and diesel by about 10 percent. [c] The petroleum companies will increase the prices of petrol and diesel by about 5 percent. (d) The petrol pump will stop selling petrol and diesel till the taxes are rolled back by the government. (e) None of above.

The price of petrol is Rs. 60 per litre and the price of spirit is Rs. 40 per litre. In what ratio the petrol and spirit be mixed such that the profit after selling the mixture at Rs. 75 per litre be 25%?

The price of petrol is rs 60 per litre and the price of spirit is rs 40 per litre. In what ratio the petrol and spirit be mixed such that the profit after selling the mixture at rs 75 per litre be 25%?

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 ?

If the price of petrol is increased by 20%,by what percentage should the consumption be decreased by the consumer, if the expenditure on petrol remains unchanged?

Even the price of petrol is very high but still its demand is very high. How can the demand of petrol be decreased?