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Question 1 of 4
Calculate the selling price
The item costs R180. The profit mark-up is 30%. What must the selling price be?
Grading can be reviewed and adjusted.
Grading can be reviewed and adjusted.
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Question 2 of 4
Calculate the profit percentage
An item costs R200 and is sold for R300.
Grading can be reviewed and adjusted.
Grading can be reviewed and adjusted.
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Question 3 of 4
Calculate the cost price/cost of sales
A product was sold for R240. the profit percentage was 20%
Grading can be reviewed and adjusted.
Grading can be reviewed and adjusted.
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Question 4 of 4
Calculate the cost of sales in each of the following cases:
No
|
Selling price
|
Profit %
|
Calculation
|
Cost price
|
Example
|
280
|
40%
|
280 X 100
140
|
200
|
1
|
600
|
50%
|
|
|
2
|
750
|
50%
|
|
|
3
|
240
|
20%
|
|
|
Grading can be reviewed and adjusted.
Grading can be reviewed and adjusted.