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How do you make a profit on somthing that you want to resell?
Sell it for more than you bought it for.
A share of stock in the Lofty Cheese Company is quoted at 25.25 Suppose you hold 30 shares of that stock which you bought at 20.25 If you sell your stock at 25.25 what is true?
If you bought the stock at 20.25 and sold it for 25.25 you would have made a profit of 5 per share for a total of 150.
Are you allowed to sell an item for more than you bought it?
Yes, that is how a lot of businesses make a profit
Does hastings buy used books?
yes they can but not for as much as you bought them for-Hastings can make a profit that way
Saud bought a TV set for Rs12000 To make a desired profit he needs a 50 percent markup on selling price What is his Rs Markup?
Saud bought a TV set for Rs.12000. To make a desired profit he needs a 50% markup on selling price. What is his Rs. Markup?
Koha bought a used bike for 125After fixing it he sold the bike for 150 What percent profit did he make?
1.25%
What is low profit margin?
A profit margin is the amount you make on an item verses that cost of the initial purchase i.e. Bought a widget at 100 sold at 200 profit 100 Low profit margin is when a very low amount is made on the item.
If you bought stock at 31 and one half and sold at 35 and one fourth how much would you make?
(35-1/4) - (31-1/2) = 35.25 - 31.5 = 3.75You would profit in the amount of[ (3.75) times (the number of shares you bought and sold) ] minus (broker's commission).
How much profit do you make off a ten dollar item?
It really depends.. See how much you bought it for and how much you sell it for.
Why are oil companies afraid of the electric car?
oil companies rely so much on people buying there fuel for there cars, that if everyone would get electric or solar cars, then they wouldn't make a large profit.
How does the buying at wholesale prices and selling at retail prices help you make profit?
An example would be if you bought a sofa at a wholesale distributor for $300.00, then sold it at a mark-up of 2.100 percent, you would subtract out the cost of transportation,i.e. $25.00, and your profit is $305.00. You would have to subtract any overhead you might have also, if you own or rent a storefront.
What economic principle explains why a restaurant can make a profit by operating an all you can eat buffet?
The economic principle of diminishing returns explains that a restaurant can make a profit by operating an all-you-can-eat buffet. Most people cannot actually eat much more at a buffet than they would if they bought each piece of food separately.
