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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
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 can equations and inequalities help a business maximize profit?
it depends on what kind of business you are running.
What is uses of statistics in business organization?
easier for calculate profit
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
What is the original form of business when a person do not invest in the business but he has been hired for running the business and he claims only share in the profit?
Agency.
Is profit the only business of business?
profit is not a business of business .But the business runs with a small inception of profit
What is the average net profit percentage of any business?
Between about 3% to 8% of the original cost of the product
Why is profit important for a business?
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
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
Why profit is needed to business?
why is profit requirment for a business?
What are the irrelevance of profit to a business organization?
There is mention of relevance of profit in regard to a business organization, but no mention of irrelevance of profit in business.
What are 3 motivations of a business?
Profit, profit and profit.
Is apple a profit or non-profit business?
profit.
The importance of profit to a business like HMV?
the importance of profit to a business?
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
