BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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65
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70
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105
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110
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None
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Detailed explanation-1: -Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
Detailed explanation-2: -FORMULA:Peso mark-up = selling price-buying pricePercentage markup = peso markup / sellingprice = percentage markupITEMPURCHASE COSTSELLING PRICEPESO MARKUPPERCENTAGEMARKUP33%1.00YEMACANDYCHICHARONPULVORON2.
Detailed explanation-3: -Determine the total cost of all units purchased. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: Selling Price = Cost Price + Profit Margin.
Detailed explanation-4: -Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given ) Cost price = 100 × S e l l i n g P r i c e 100 + P r o f i t % ( when selling price and profit % is given )