0
Still curious? Ask our experts.
Chat with our AI personalities
Steve
Ross
ReneAdd your answer:
Earn +20 pts
How does the cost of production and the selling price affect proftis?
For each unit sold, a rough approximation isProfit = Selling price minus Cost of production.It is an approximation because it does not take account of taxes, inventories and so on.
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
By selling an article for Rs 34.04 a man gains 7.5 percent What is the cost price?
cost price = 100/100+r*selling price = 100/100+7.5*34.04 = 100/107.5*34.04 = 100*3440/10750 = Rs 32 the cost price is Rs 32.
How do you find the cost and the selling price if you know the markup price 130.50 and the markup percentage 58?
There is no cost for which a 58% markup would give a price of 130.50.
