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If the selling price of 16 items is equal to the cost price of 20 items then there is gain or loss?
Tusharrakesh
Answer:gain 25%
i.e, 16 items selling price 1000rs=20 items cost price,automatically we find there is gain.
selling price of 1 item=1000/16=62.50;
cost price of 1 item=1000/20=50;
den,gain%=(s.p-c.p)/c.p=((62.5-50)/50)100=25%
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If selling price of 16 items is same as the cost price of 20 items then there is a?
gain 25%
What is the correct formula when markup is based on selling price?
The correct formula when markup is based on the selling price is selling price is equal to the markup plus the cost. This enables traders make profits.
Define cost price and selling price?
define cost and selling price
How do you calculate cost price when selling price and total profit is given?
cost price = selling price - profit
How can you calculate the cost price if 70 percent of selling price?
selling price 2783.40. 70% at cost price the answer is 2141.08
If selling price of 16 items is same as the cost price of 20 items then there is a?
gain 25%
Define cost price and selling price?
define cost and selling price
What is the correct formula when markup is based on selling price?
The correct formula when markup is based on the selling price is selling price is equal to the markup plus the cost. This enables traders make profits.
How do the find the selling price?
cost price multiply by profit then add the answer to the cost price =selling price
How do you find the selling price?
cost price multiply by profit then add the answer to the cost price =selling price
How do you calculate cost price when selling price and total profit is given?
cost price = selling price - profit
Why do the manufacturer and the wholesaler not want to sell single items?
the cost to manufacture/package/ship single items is greater than the selling price.
How can you calculate the cost price if 70 percent of selling price?
selling price 2783.40. 70% at cost price the answer is 2141.08
How does the cost of production and the selling price affect the profit?
As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.
How do you get a cost price and a markup if you know the selling price and profit?
Selling price less profit equals cost price. The markup is the profit plus cost price.
How do you calculate cost price if we know the selling price and profit?
let the cost price =X sell price=cost +profit selling price=x+profit
Work out margin when you know the desired selling price and cost?
Margin = Selling Price - Cost
