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Shopping is a part of day-to-day life. One of the important aspects that have to be focused on while shopping is comparison of product with respect to product's price, quality, quantity discount, offers, etc.,
A wise shopping is something where the consumer considers these aspects before spending their money.
Let us briefly learn how to do wise shopping from the following situations.
Shopping comparison:
Situation 1:
Vimal wants to buy a television for his newly built house. In a store, he find 4 brands of television displayed with their feature as listed below. He wanted to buy the latest TV with the maximum smart features available at a reasonable price. Which among the following is a wise selection?
Brand | Fast User Interface | Streaming Video Services | Media Player | Universal Search | Smart Transfer from Mobile to TV | Cost |
A | Yes | No | Yes | No | Yes | Low |
B | No | Yes | Yes | Yes | Yes | High |
C | Yes | Yes | Yes | Yes | Yes | Medium |
Brand A is good, but it lacks the key feature of the smart TV though offered at a low cost.
Brand B is also good, but the cost is high compared to the other two brands.
Brand C is excellent because it offers all the key features at a reasonable cost.
Therefore, Brand C is the wise selection of television as it meets his requirements.
Situation 2:
Sushil wants to buy the following list of fruits that is required for a week.
- Apple - 3 kg
- Banana - \frac{1}{2} dozen
- Orange - 4 kg
- Guava - 2 kg
- Grapes - 1 kg
She enters the market place and find two shops A and B selling all the fruits that she requires.
Let us learn how to choose the best place to buy fruits.
If in such a situation, the following aspects are to be considered:
- Check the list of all the items to find the availability of it.
- Compare the weight and price of each item in the list in both the shops.
- Select the best deal for all the items in one place.
- Compare the above three aspects to decide the best shop to buy the list of fruits.
For instance, let the collected price list of both shops A and B are as follows:
Fruit Name | Fruit | Quantity | Price in Shop A | Price in Shop B |
Apple | ![]() | 1 kg | ₹180 | ₹160 |
Banana | ![]() | 1 dozen | ₹120 | ₹110 |
Orange | ![]() | 1 kg | ₹100 | ₹ 90 |
Guava | ![]() | 1 kg | ₹130 | ₹125 |
Grapes | ![]() | 1 kg | ₹80 | ₹60 |
Calculate the price of the required fruits in ShopA:
Fruit name | Fruit | Required quantity | Price of required fruits | Total price |
Apple | ![]() | 3 kg | Cost of 1 kg of apples = ₹180 Cost of 3 kg of apples = 3 \times 180 = ₹540 | ₹540 |
Banana | ![]() | \frac{1}{2} dozen | Cost of 1 dozen of bananas = ₹120 Cost of \frac{1}{2} dozen of bananas = \frac{1}{2} \times 120 = ₹60 | ₹60 |
Orange | ![]() | 4 kg | Cost of 1 kg of oranges = ₹100 Cost of 4 kg of oranges = 4 \times 100 = ₹400 | ₹400 |
Guava | ![]() | 2 kg | Cost of 1 kg of guavas = ₹130 Cost of 2 kg of guavas = 2 \times 130 = ₹260 | ₹260 |
Grapes | ![]() | 1 kg | Cost of 1 kg of grapes = ₹80 | ₹ 80 |
Calculate the price of the required fruits in Shop B:
Fruit name | Fruit | Required quantity | Price of required fruits | Total price |
Apple | ![]() | 3 kg | Cost of 1 kg of apples = ₹160 Cost of 3 kg of apples = 3 \times 160 = ₹480 | ₹480 |
Banana | ![]() | \frac{1}{2} dozen | Cost of 1 dozen of bananas = ₹110 Cost of \frac{1}{2} dozen of bananas = \frac{1}{2} \times 110 = ₹55 | ₹55 |
Orange | ![]() | 4 kg | Cost of 1 kg of oranges = ₹90 Cost of 4 kg of oranges = 4 \times 90 = ₹360 | ₹360 |
Guava | ![]() | 2 kg | Cost of 1 kg of guavas = ₹125 Cost of 2 kg of guavas = 2 \times 125 = ₹250 | ₹250 |
Grapes | ![]() | 1 kg | Cost of 1 kg of grapes = ₹60 | ₹60 |
Now let us compare the total cost in both the shops.
Fruit Name | Fruit | Quantity | Price in Shop A | Price in Shop B |
Apple | ![]() | 3 kg | ₹540 | ₹480 |
Banana | ![]() | \frac{1}{2} dozen | ₹60 | ₹55 |
Orange | ![]() | 4 kg | ₹400 | ₹360 |
Guava | ![]() | 2 kg | ₹260 | ₹250 |
Grapes | ![]() | 1 kg | ₹80 | ₹60 |
Total cost | ₹1340 | ₹1205 |
On comparison, it is found that the best shop to buy all fruits on the list is Shop B as the price is comparatively low.
Hence, it is a wise shop to buy fruits from Shop B.