find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
1.25%
876,000
$25.60
21%
0% profit
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
1.25%
68 000 * 1.14 == $77 520
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.
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.
No
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
you can tell by seeing something as a loss or a profit. example - you bought a Mobile Phone @ £102 - then you sold it at £130 that would be a profit a loss would be to sell something for under the price you bought it at for example - chocolate bar 79P you sold it for 40P.
profit/cost=profit margin (192-160)/160= .2 = 20%
Commodity future contracts are transferable (can be bought and sold), to realize a profit or loss, but the obligation in the contract remains valid.
It is 25%.