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What is meaning of original price?
The original price is the price before adding a profit/costs or before deductions.
What if Jimmy made a 15 profit on the sale of a custom designed boat and the original cost of the boat was 15000. The boat sold for how much?
If he made a profit of 15, he sold it for 15015.
The labeled price of a cupboard is Rs 6500 The shopkeeper sold it by giving 5 percent discount on the labeled price and earned a profit of 15 percent What is the cost price of the cupboard?
The shopkeeper sold the cupboard for Rs 6175. 5% of 6500 = .05 x 6500 = 325 6500 - 325 = 6175 Since he earned a profit of 15% of the cost, the cost price, C, would be Rs 5369.57. C + 15% of C = 6175 C + .15C = 6175 1.15C = 6175 (divide by 1.15 to both sides) C ≈ 5369.57
What is a 5 percenter?
A 5 percenter is a sale in which the seller makes a profit of 5 percent, which is 5 cents from each dollar spent.
What is the analogy go is to come as sell is to?
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
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?
let mark price is 100 Rs. after giving 25% discount the selling price=75Rs. if the profit is 25% then the cost price=(100/100+25)*75=60Rs if now they give 10%discount the selling price=90Rs so gain=90-60=30Rs gain%=(30/60)*100=50% mohd. haseeb contact- 09602609019 B.tech (RTU)kota
A merchant sells an item at a 20 percent discount but still makes a gross profit of 20 percent of the cost What percent of cost would be gross profit on the item have been if it had been sold withou?
50
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.
Jimmy made a 15 percent profit on the sale of a custom designed boat and the original cost of the boat was 150 00 The boat sold for how much?
15,000 (1.15)=17,250 1.15 is the whole cost of the boat (1) plus the percent of profit (15) times the original cost of the boat.
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
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....
What is the formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
What is the difference between profit maximization and value maximization?
discount rate
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 formula for gain percent?
Profit (gain) % = Profit / C.P. *100
Store pays 20 for each watch in a shipment the store sells the watches for 75 what is the maximum percent of discount the store can offer and make a profit of at least 20?
To make a profit of 20 on 20, the watches must be sold for no less than 40. If they are marked at 75, that means a discount of 35. 35 is 46.66667% of 75. So 46.66% is the maximum if can mark down from 75.
