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Allushta [10]
3 years ago
12

1. A man buys a laptop for £540 and sells it for £615. Find his loss or profit.

Business
2 answers:
Korvikt [17]3 years ago
6 0
<h3><u>Question</u><u>:</u><u>-</u></h3>

A man buys a laptop for £540 and sells it for £615. Find his loss or profit.

<h3><u>Answer</u><u>:</u><u>-</u></h3>

The man had a profit of £75

<h3><u>Explanation</u><u>:</u><u>-</u></h3>

Cost price = £540

Selling price = £615

▶️Profit = Selling price - Cost price

▶️Profit = £615 - £540

▶️ Profit = £75

MAXImum [283]3 years ago
3 0

Answer:

\large\boxed{\boxed{\underline{\underline{\maltese{\pink{\pmb{\sf{\: Solution \rightarrow 75 \: euro }}}}}}}}

Explanation:

\sf{Given \: details \: ,}\\\star \sf { Price \: of \: laptop = 540 \: euro}\\\star \sf {Price \: he \: sells \: it \: for = 615 \: euro}\\\\\\\sf{We \: need \: to \: find \: the \: profit \: or \: loss.}\\\\\\\sf{It \: is \: obviously \: a \: profit \: as \: the \: selling \: price \: is \: higher \: than \: the \: buying \: price.}\\\\\sf{So,}\\\sf{Profit = Price \: he \: sells \: it \: for - Price \: of \: laptop}\\\sf{Profit = 615 - 540}\\\boxed{\mathfrak {Profit = 75 \: euro}}\\\\\\

_________________

\sf{Hope \: it \: helps}\\\\\mathfrak{Lucazz}

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Liz Meija is emplayed as a social worker in a host setting. She is mosy likly employed in an agency.
8 0
3 years ago
Preparing a Cost of Goods Sold Budget
Art [367]

Answer:

Direct Materials      $    14*20,000            = $ 28000

Direct Labor            $  14*1.9* 20,000       = $ 532,000

Variable Overhead  $ 14*1.9*1.2*20,000  = $ 638400

Fixed Overhead $ 14*1.9*1.8*20,000  =  $957600

Total Manufacturing Cost $                = 2156000

Less: Ending Inventory $   107.8*730 = 78649

Cost of Goods Sold                      $2077306

Working:

Total Manufacturing Cost $  per unit      = 2156000/ 20,000= 107.8 $

Ending Inventory $   107.8*730 = 78649

4 0
3 years ago
Time, energy, and money are examples of:
KengaRu [80]

Answer:

Flexible resources

Explanation:

Flexible resources are defined as those that can be utilised under different categories of resource groups.

They are able to serve multiple functions.

For example money can be used for different activities like production of goods, training of staff, purchase of raw materials, and so on.

Time can be allocated to different endeavours.

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8 0
3 years ago
Suppose only two countries existed in the world. Country A imported $200 million worth of goods and services from Country B. Cou
tigry1 [53]

Answer:

C. Country A equals –$100 million.

Explanation:

Imports from Country B to Country A = $200 million

Imports from Country A to Country B = $100 million

Imports for one country represents exports to another.

Net exports is the difference between exports and import for a country.

Net exports for country A = $100 million - $200 million = - $100 million

Net exports for country B = $200 million - $100 million = $100 million

Right option is C. Country A equals –$100 million. Country's A export is less than it's import.

6 0
4 years ago
Cox, North, and Lee form a partnership. Cox contributes $201,000, North contributes $167,500, and Lee contributes $301,500. Thei
Masteriza [31]

Answer:

Lee's portion of income =$81, 900

Explanation:

<em>The income or loss would be shared according to the ratio of capital contributed. The ratio is the proportion of capital contribute per partner to the total pool of capital.</em>

Lee;s portion of income

= lees capital/total capital × reported income

= 301,500/(201,000+167,500+ 301,500)  × 182,000

= $81, 900

Lee's portion of income =$81, 900

3 0
3 years ago
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