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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 formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
What is formula for gain percent?
Profit (gain) % = Profit / C.P. *100
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.
How do you calculate cost price if we know the selling price and profit percent?
What I do is organize it as follows... Cost Price = 100% Selling Price = 100% + profit percent Then you can fill in the variables and cross multiply, for example if you know the selling price is $27 and the profit percent is 10% then you can fill it in accordingly... Cost Price = 100% $27 = 100 + 10 l l \/ Cost Price = 100% $27 = 110% Then you do ($27 x 100%) / 110 to get $24.55. That means that the Cost price is $24.55
A shopkeepersold a pen for Rs13.20 to make profit of 10 percent in order to earn a profit of 15 percent he should have dold it for?
rs13.80
When a discount is 10 percent is given on on an item being sold at a profit of 20 percent on the cost price the sales volume trebles what is the ratio of new profit to original profit?
3:2
Doublewide Dealers has an ROA of 10 percent a 2 percent profit margin?
Given: ROA = 10%, Profit margin = 2%, ROE = 15% ROA = Profit margin x Asset Turnover Therefore, Asset Turnover = ROA / Profit margin = 10 / 2 = 5% ROE = Profit margin x Asset Turnover x Equity multiplier 15 = 2 x 5 x Equity Multiplier 15 / 10 = Equity Multiplier Equity Multiplier = 1.05
A company has an ROA of 10 percent a 2 percent profit margin and a return on equity equal to 15 percent. What is the companys total asset turnover and what is the firm's equity multiplier?
Given: ROA = 10%, Profit margin = 2%, ROE = 15% ROA = Profit margin x Asset Turnover Therefore, Asset Turnover = ROA / Profit margin = 10 / 2 = 5% ROE = Profit margin x Asset Turnover x Equity multiplier 15 = 2 x 5 x Equity Multiplier 15 / 10 = Equity Multiplier Equity Multiplier = 1.05
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 formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
How do you solve for equity multiplier with ROA 10 percent profit margin 2 percent and ROE 15 percent?
Equity Multiplier ROA*Equity Multiplier=ROE so, (10%)*(x)=(15%), therefore, Equity Multiplier=15%/10%= 1.5 times Total Asset Turnover Profit Margin*Total Asset Turnover = ROA, so (2%)*(x)=10%, therefore Total Asset Turnover=10%/2%= 5 times
Is 560 percent correct?
560%=5.6=560/100 560 percent might be correct. If a company made £10 profit in 2008 and £9 profit in 2009, the 2009 profit would be 90% of the profit in 2008. If the same company made £9 profit again in 2010, the 2010 profit would be 100% of the profit in 2009 (100% means exactly the same amount). If the same company made £50.40 profit in 2011, the 2011 profit would be 560% of the profit in 2010 because £50.40 is 5.6 times as much as £9.
What is formula for gain percent?
Profit (gain) % = Profit / C.P. *100
What does the plus 10 percent in valuation represent on an Ocean Marine Insurance Policy?
You are covering 10% more to recover your incidental expenses and to a lesser extend your 'profit'.
Is 10 percent the standard for overhead and profit?
It's probably 33 1/3 percent. Overhead - meaning rent, utilities & wages for employees takes a third. Replacing the items you sold takes a third. Your profit should also take a third.
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.
