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Marshall bought 20 refills and sold them 4 each. If it had cost 50 for the refills what was his profit or loss percent.?
Marshall bought 20 refills for a total cost of 50, which means each refill cost him 2.50. If he sold them for 4 each, his total revenue from selling all 20 refills is 80 (20 refills x 4). His profit is calculated as revenue minus cost, which is 80 - 50 = 30. To find the profit percent, divide the profit by the cost and multiply by 100: (30 / 50) x 100 = 60%. Thus, Marshall made a profit of 60%.
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A bag was bought for 40 and at a profit of 15 percent of the cost price what is the profit?
The question isn't quite clear therefore there are two answers depending on the interpretation of the question. # Assuming a customer bought the bag for 40 and the company earned a 15% profit, then the profit would be 40 x 15% = 6 # Assuming the company bought the bag for 40 and then sold it on for 15% profit, then the selling price would be 40/(100% - 15%) = 47.06 giving a profit of 7.06
A house is bought for 68000 and sold at a profit of 14 percent Find the selling price?
68 000 * 1.14 == $77 520
Saud bought a TV set for Rs12000 To make a desired profit he needs a 50 percent markup on selling price What is his Rs Markup?
Saud bought a TV set for Rs.12000. To make a desired profit he needs a 50% markup on selling price. What is his Rs. Markup?
At what price a sofa bought for 850 be sold to earn 25 percent profit?
25% of 850 = 0.25 x 850 = 212.50 850 + 212.50 = 1,062.50 So the sofa would be sold for 1,062.50 to earn a 25% profit.
What is the formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
