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What is selling price minus cost price all divided by selling price?
gross profit
Why is the selling price after mark up greater than selling price after discount?
A markup increases the price; a discount decreases it.
How does the cost of production and the selling price affect the profit?
As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.
Find the selling price of an article costing rs.30that was sold at a profit of 15 percent of the cost price?
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
Selling price 100 and market price is 125 what is discount percent?
The discount is 20%
What is the amount deducted from the selling price during a sale?
It is called a discount, and is normally a percentage of the regular sales price.
When buying a new car is the cash back really returned to the buyer or is it just knocked off the price at some point in the dealing?
It can be deducted from the selling price or you can receive it in a check from the manufacture. It is to your advantage to have it deducted from the selling price if you are financing. This will save you interest costs on that amount.
What is a one word substitute for an amount deducted from the declared price?
discountdiscount
What is adjusted selling price method in valuation of inventories?
adjusted selling price method , retail price of the inventory is calculated and marjinal profit is deducted from it generally used in retail business also known as Retail inventory method
What is discount?
discount is an amount deducted from the usual list price
What is a sale price?
There are two interpretations, depending upon context:The sale price is normal price for which a sale of the good is made (as opposed to the cost price which is the price the retailer paid for the good); it is the amount of money for which the seller is willing to exchange the good; this is the normal selling price of the good;The sale price is the price that is charged during a "sale"; this may be lower than the normal selling price of the good and after the sale, the price may revert back to the normal selling price (or some other selling price).
The Hudson hardware company sells one hammer for 20.00 how much money is left after the cost of labor and materials is deducted from the selling price?
$13.00
What it selling price per unit?
Selling Price per Unit is the amount of money charged to a customer for each unit of product or service.
What statement defines the term markup?
the extra amount added to the cost price to arrive at the selling price
What is the KY sales tax for new cars?
New car sales tax in Ky is 6%. Trade in value is deducted from the selling price. You pay taxes on the difference.
When buying a car the amount you are charged and willing to pay is called the?
Selling Price.
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
