Two products are sold at Rs 600 each. The profit % on one of the products is

Fantastic news! We've Found the answer you've been seeking!

Question:

Two products are sold at Rs 600 each. The profit % on one of the products is 70%. And also there is a overall profit of 8(4/5)% on both the products. What should be the profit/loss % on the other product ?

Related Book For answer-question

Cost Management Measuring Monitoring and Motivating Performance

ISBN: 978-0470769423

2nd edition

Authors: Leslie G. Eldenburg, Susan K. Wolcott

See More Books

Posted Date: Dec 30, 2022 02:50 AM

See More Questions

There can be considerable variation in how products are sold in different countries. For example, cars are sold door-to-door in Japan and in retail showrooms in most of the rest of the world. Besides...
There are two products that can be formed by syn addition of hydrogen to 2,3-dimethylbicyclo[ 2.2.1]-2-heptene. Write or make molecular models of their structures.
There are two products that can be formed by syn addition of hydrogen to 2,3 dimethylbicyclo[2.2.1]-2-heptene. Write or make molecular models of their structures. CH3...
Andrew owns a commercial office building that is insured under three property insurance contracts. He has $100,000 of insurance from Company A, $200,000 from Company B, and $200,000 from Company C....
The average age of freshman college students is 18.5 years, with a standard deviation of 0.4 years. a. Let x denote the mean age of a random sample of n = 50 students. Determine the mean and standard...
Obtain a cubic equation in k 2 , from (5.50), and analyze the dispersion relations for these three modes of wave propagation across the magnetic field in a fully ionized warm plasma. Equation S2(S1n)...
The two fundamental types of costing systems are a. periodic costing and perpetual costing b. periodic costing and process costing c. process costing and job costing d. job costing and periodic...
Deutsch Imports has three securities in its available- for- sale investment portfolio. Information about these securities is as follows: TRR was sold in year 2 for $ 127,400. Which of the following...
Question 2 ( 2 points ) Barnes Corp. issues $ 8 0 0 , 0 0 0 of 9 % , 2 0 - year bonds. The bonds are dated January 1 , 2 0 1 1 , and are due in 2 0 years on January 1 , 2 0 3 1 . Interest is paid...
On January 1, 2024, Palmero Company purchased an 80% interest in Santos Company for $2,800,000, at which time Santos Company had retained earnings of $1,000,000 and capital stock of $500,000. On the...
What is the maximum amount of money you can borrow given the following loan terms: Term: 7Years Annual Debt Pay: $150,000 I/Y=9.5% PV=?
How do you feel about privacy? Do you take steps to protect your social privacy? What about your institutional privacy? Ask a few friends and establish a plan to protect your privacy that fits with...
How can brands create identities in social communities?
Why is it important to achieve a top three ranking in a list of search engine results?
Under IFRS, at the end of an accounting period, held-for-trading sukuk will be valued at its fair value. The unrealised gains or losses from the remeasurement will be recognised a. in the operating...
What is an advergame? How do we distinguish it from other social games?
Flimflam Corp had sales to customers of $485,000 during 2018. The company has consistently experienced a 35% gross profit percentage and estimates that 5% of all sales will be returned. During 2018,...
What is an access control list?
The following information for Pet Palace, a large retail store that sells pet-related merchandise, was recorded for the first quarter. The store tracks merchandise according to product type. The...
Irrigation Supply is negotiating with a major hardware chain to supply heavy-duty sprinkler heads at $18,000 each year for 6 years. Irrigation Supply would need to retool at a cost of $20,000 to fill...
Explain how CVP analysis can be used to make decisions about increases in advertising costs.
The following data from Lyre Ltd's accounts relates to two assets at 30 June 2023. At 30 June 2023 Lyre Ltd decides to adopt the revaluation model for both these assets. On this date land has a fair...
On 1 January 2023, Blue Jay Ltd revalued land from $\$ 300000$ to $\$ 500000$. On 1 January 2024, the company subsequently revalued the land to $\$ 420000$. And on 1 January 2025 , the company...
Seagull Ltd purchased land for use as its corporate headquarters. A small factory that was on the land when it was purchased was torn down before construction of the office building began....

Two products are sold at Rs 600 each. The profit % on one of the products is

Question:

Expert Answer:

The detailed ... View the full answer

Cost Management Measuring Monitoring and Motivating Performance

Students also viewed these mathematics questions