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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
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
Profit earned by selling an article for Ra 1060 is 20 percent more than the loss incurred by selling the article for Rs 950 At what price should be article be sold to earn 20 percent profit?
Profit = 20% of loss ð 1060 - C.P. = 120/100 (C.P. - 950) ð C.P. = 1000 ð S.P. = 120/100 x 1000 ð 1200 ans.
How does lower price results higher profit?
If your sales increase morethen that of negative impact of lowering the price of product then in this way you can increase your profit by lowering your sales price. For example: if you are selling 10 units of product at $10 each then you are earning $100 but if you conduct a marketing research and get a information that if you lower your price by $1 and u will be able to sell 15 units of your product then you will earn $135 and it is more then of your previous position in this way you can increase profit by lowering price. But on other hand if you receive information in same marketing research that by lowering price by $1 you will increase sale by 1 unit then you definitely will not decrease price because in this way you will earn $99 which is still less then previous situation and you keep continue with price $10.
What is the definition of commission used in math?
to earn 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
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
Why do producers sell more when the price is high?
To earn more profit
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
How does the price of share is increased or decreased?
The fluctuation in price of shares stems from a company's profit or ability to earn profit. If profitability increases, then share price increases also.
Why do producers sell more products when the price high?
To earn more profit
Why do producers sells more products when the price is high?
To earn more profit
What are the relationships between Profit and Loss?
In business, when you earn more than what you spent, that surplus amount is called profit. On the other hand, when you sell at a rate lower than the amount you spent, you face a loss. Profit = Selling Price - Cost Price Loss = Cost Price - Selling Price
If the chair of the board of directors says there is a 50 percent chance this company will earn a profit a 30 percent chance it will break even and a 20 percent chance it will lose money next quarter?
The chair of the board of directors says, "There is a 50 percent chance this company will earn a profit, a 30 percent chance it will break even, and a 20 percent chance it will lose money next quarter".
Profit earned by selling an article for Ra 1060 is 20 percent more than the loss incurred by selling the article for Rs 950 At what price should be article be sold to earn 20 percent profit?
Profit = 20% of loss ð 1060 - C.P. = 120/100 (C.P. - 950) ð C.P. = 1000 ð S.P. = 120/100 x 1000 ð 1200 ans.
How do you assess a company's profitability?
Profitability means ability of the entity to earn more than the costs they incurred on their business operation. Normally, the price of the good available for sale (unit per rate) is higher than its cost in order to earn profit. Thus, unit price - unit cost = profit
How much profit can you earn by selling on eBay?
between paypal & eBay fees, we clear about 90% of the final selling price.
