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A businessman purchase trouser 700 each . He fixes a price which is 20 above cost. he gives a trade discount of 5 for cash sale. sales not given . how much profit he earns per trouser and to which acc?
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If on an item a shop gives 25 percent discount. they earn 25 percent profit If they now give 10 percent discount then what is the profit percentage?
If a shop gives a 10 percent discount, the profit percentage will be less than 25 percent, as the discount reduces the overall selling price of the item. The actual profit percentage would depend on the cost price and the new selling price after the discount is applied.
What exactly is a trade discount?
When a product or item is sold to a reseller the trade discount is the amount or rate by which the retail price is reduced.It reflects the resellers profit margin.
How much profit will the business make on the sale of a couch that is marked by 13 and then sold at 15 off discount if the original price is 2400?
It will make a profit of -95.
If a corporation sells certain capital equipment for more than their initial purchase price the difference between the sales price and the purchase price is called a?
A profit.
How much per cent above the cost price should a shopkeeper mark his goods so as to earn a profit of 26 percent after allowing a discount of 10 percent on the marked price?
40 % markup. 1.40 - 10% (.14) =1.26 where 1.00 is 100% 26% profit
What is the formulae of cp if profit and discount percent is given?
if profit , discount % and cost price is given write the formulae to fine cost price
Is the discount received added gross profit as income?
yup it is as it is an income so we add it in the gross profit....
Does discount received have a debit or credit balance in the ledger balance?
discount revived has Cr balance in a profit and loss a/c
What is the difference between profit maximization and value maximization?
discount rate
Is the discount profit bank software the same as the full priced software?
yes
What exactly is a discount television?
A discount television is simply a television that is purchased for less than retail value. Discount electronics stores will sell discount televisions for a much smaller profit than a regular store.
What does it mean to buy and sell for a profit?
Buy mean purchase and sell for profit means give to someone for more than you had purchase.
Is it illegal to purchase products from a store and sell them for profit from your home?
No, it is not illegal to purchase items and then resale them for a profit. This is how businesses make their money.
If on an item a shop gives 25 percent discount. they earn 25 percent profit If they now give 10 percent discount then what is the profit percentage?
If a shop gives a 10 percent discount, the profit percentage will be less than 25 percent, as the discount reduces the overall selling price of the item. The actual profit percentage would depend on the cost price and the new selling price after the discount is applied.
Where can you buy Artistry skin care products for a discounted price?
You can purchase Artistry from a registered Amway Independent Business Owner (IBO) or possibly through sites like ebay.com. Just remember that if you do not purchase through an authorized Amway distributor, you will not benefit from Amway's exclusive money back guarantee and/or return policy on Artistry products. There are numerous IBO's out there and nearly all are of them are looking to generate at least SOME retail profit from the sale. It is entirely up to the individual IBO whether or not they want to extend a discount to you. It is possible for them to set your discount to 100% retail profit loss which means that they make zero profit. But to answer your question, you may purchase Artistry products at discount pricing at www.amway.com/discountclub. Just register as a customer and wait for a confirmation email. I've saved money here. Hope this helps!
What is the quickest way to calculate profit?
multiply the full price by 0.2 That is the amount of the discount
What type of profit margins do medical stores work with?
scheme margin, discount margin
