PLEASE SHOW WORK OF QUESTIONS 1-4
Particulars | Amount |
Sell price per unit | 96.42 |
Cost per unit | 51.36 |
Profit per unit | 45.06 |
Markup based on selling price= Profit per unit / selling price | |
Markup based on selling price= 45.06/96.42 i.e 46.73% | |
Markup based on cost = Profit per unit / Cost price per unit | |
Markup based on cost = 45.06/51.36 i.e 87.73% | |
2) Desired profit = 175000 | |
Desired profit = Unit sold * profit per unit | |
175000 = Units sold * 45.06 per unit | |
Units sold = 175000/ 45.06 i.e 3883.71 | |
3) Cost = 57.51 | |
Let selling price be x | |
X - 57.51 = 0.39*X | |
X- 57.51 = 0.39X | |
0.61 X = 57.51 | |
X = 57.51/0.61 | |
X= 94.28 | |
Selling price is to be 94.28 | |
4) Selling price = 91.77 | |
Let unit cost be x | |
X+ 0.39X = 91.77 | |
1.39X = 91.77 | |
X = 66.02 | |
Cost is 66.02 |
PLEASE SHOW WORK OF QUESTIONS 1-4 NAME (print neatiy) Score (last name, first name) Markup Problem....
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