What's the formula to find GP?????
2 answers:
Answer:
hello there!
i hope my answer will help you :)
Step-by-step explanation:
DEFINATION- Gross profit margin is a profitability ratio that measures how much of every dollar of revenues is left over after paying cost of goods sold.
- - - - -
FORMULA- Gross profit margin is calculated by subtracting cost of goods sold (COGS) from total revenue and dividing that number by total revenue.
- - - - -
THE IMAGE BELOW IS THE MATHEMATICAL REPRESENTATION IN CALCULATION OF THE STATED FORMULA
You might be interested in
Answer:
Distance between B and C =
Step-by-step explanation:
Let the time taken to reach from station A to B be x hr
Let the time taken to reach from station B to C be y hr
Given total time from station A to C be 6 hr
∴ x + y = 6
⇒ y = 6 - x → (1)
Also total distance given is 285 miles
As
∴ distance travelled between station A and B
=
distance travelled between station B and station C
=
So, 40x + 55y = 285
⇒ 40x + 55(6 -x) = 285 (From 1)
=> 40x + 330 - 55x = 285
=> -15x = 285 - 330
=> -15x = -45 ⇒ x=3
gives y = 6-3 = 3 hours
Distance between B and C =