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What is the percentage profit made on an article bought for and sold for 8?
0% profit
A dealer bought a bicycle for 160 and sold it for 192 what was her percentage profit?
profit/cost=profit margin (192-160)/160= .2 = 20%
Can Islam treat money as other commodity that can be bought and sold at the profit?
No
An article bought for 125 was sold for 175 what percent was the profit?
40
What is the gross profit percentage if an item wholesale cost is 1.65 and is sold at 2.20?
It is a 33.33% profit
How do you know if it is a profit or a loss?
you can tell by seeing something as a loss or a profit. example - you bought a Mobile Phone @ £102 - then you sold it at £130 that would be a profit a loss would be to sell something for under the price you bought it at for example - chocolate bar 79P you sold it for 40P.
How do you calculate selling price if you know cost and gross profit percentage?
Selling price = Cost of goods sold + Gross profit percentage on sales
Why are commodity futures contracts transferable?
Commodity future contracts are transferable (can be bought and sold), to realize a profit or loss, but the obligation in the contract remains valid.
A man bought abc at 19.65 per share and it sold at 23.25 per share what was his profit on 80 shares before deductions for commissions and taxes?
If bought at 19.65 and sold at 23.25 per share the profit from one share is equal to 3.60. For 80 shares the profit would be 288.
What is the profit percentage if 7 toys are sold at the cost price of 8 toys?
14.28% Lets say each toy costs $10. Then, 7 toys (cost $70) were sold for $80. Profit = $10. Profit percentage = ($10/$70)*100 = 14.28%
What percentage of the contribution margin is profit on units sold in excess of the breakeven point?
50%
A man bought some fruits at the rate of 16 for Rs. 24 and sold them at the rate of 8 for Rs. 18. What is the profit per cent?
cp of 16 fruits =rs.24/- so each fruit costs = 24 /16= 1.5/- per fruit sp of 8 fruits= rs.18/- so each fruit costs 18/8= 2.25/- per fruit profit= sp-cp =2.25-1.5 =0.75 25% profit percentage is= 0.75 / 1.5 * 100 = 50 %
