Q. Irfaan loves black coffee. A roadside stall selling a cup of black coffee at Rs. 120, offered 25% discount to Irfaan. If Irfaan was willing to pay even Rs. 200 for this cup of black coffee, Irfaan's consumer surplus is
A) 80
B) 90
C) 110
D) 30
✔ Correct Answer: 110
Exam Insight
-