Question : The term "Dumping" refers to 

Option 1: The sale of a sub-standard commodity

Option 2: Sale in a foreign market of a commodity at a price below marginal cost

Option 3: Sale in a foreign market of a commodity just at a marginal cost with too much profit

Option 4: Smuggling of goods without paying any customs duty

Question : A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price by giving a 10% discount and the rest by giving a 50% discount on the marked price. What is his overall profit or loss percentage?

Option 1: Loss 2.8%

Option 2: Profit 2.8%

Option 3: Profit 3.6%

Option 4: Loss 3.6%

Question : Excise duty is levied on

Option 1: Sale of goods

Option 2: Production of goods

Option 3: Import of goods

Option 4: Export of goods

Question : A sold an article to B at 25% profit, and B further sold it to C by earning a certain profit. If the cost price for C is 30% more than the cost price for A, find the profit percentage earned by B.

Option 1: $5\frac{1}{2}\%$

Option 2: $4\%$

Option 3: $5\%$

Option 4: $4\frac{1}{2}\%$

Question : Which of the following cost is related to marginal cost ?

Option 1: Variable cost .

Option 2: Implicit cost 

Option 3: Prime cost .

Option 4: Fixed cost .

Question : A person marks his goods $x$% above the cost price and allows a discount of 12% on the marked price. If his profit is 10%, the difference between $x$% and the profit percentage is:

Option 1: 15%

Option 2: 18%

Option 3: 13%

Option 4: 10%