Qno5: The price of a dress becomes AED 5,000 after a decrease of 20%. What was the original price of the dress? Round your answer to a whole number, if necessary. AED 1,000 AED 6,000 AED 5,020 AED 6,250

Qno5: The price of a dress becomes AED 5,000 after a decrease of 20%. What was the original price of the dress? Round your answer to a whole number, if necessary. AED 1,000 AED 6,000 AED 5,020 AED 6,250

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter4: Utility Maximization And Choice

Section: Chapter Questions

Problem 4.2P

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Qno5: The price of a dress becomes AED 5,000 after a decrease of 20%. What was the original price of the dress? Round your answer to a whole number, if necessary.

AED 1,000

AED 6,000

AED 5,020

AED 6,250

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