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Earn +20 ptsQ: What determines the price of items?
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If selling price of 16 items is same as the cost price of 20 items then there is a?
gain 25%
If the selling price of 16 items is equal to the cost price of 20 items then there is gain or loss?
Answer:gain 25% i.e, 16 items selling price 1000rs=20 items cost price,automatically we find there is gain. selling price of 1 item=1000/16=62.50; cost price of 1 item=1000/20=50; den,gain%=(s.p-c.p)/c.p=((62.5-50)/50)100=25%
What is the math term for unit price?
Total price of a number of identical items divided by the number of items. Eg the unit price for a 6 pack of cans for 3.00 is 3.00/6 = 0.50 per can.
What are producer price indexes?
the calculated values of items that are added to manufacturing work in progress. After the items are added in, they become part of the total retail price of the goods and/or services (the CPI).
How do you minus vat?
Work out 17.5% (current vat rate 2010) of the items price then minus the answer from the original price of the item
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