6. Las Bugambilias, S.A. of C.V. sold 50 defective cell phones for $2,150.00 each, their cost was $2,900.00 each. What is the percentage loss for each phone?
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6. Las Bugambilias, S.A. of C.V. sold 50 defective cell phones for $2,150.00 each, their cost was $2,900.00 each. What is the percentage loss for each phone?
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- 6. A retailer bought 25 swimming suits. A gross profit of 45% based on cost is made if the suits were sold at RM150 each. The operating expenses were 15% based on cost. No use excel. a) Find the total cost. (RM2586.21) b) Find the net profit if all the suits were sold. (RM775.86) c) Suppose 5 suits were not sold. To sell off the remaining suits, the retailer gave 20% discount from the original selling price. Find the total gross profit. (RM1013.79)A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of the cost?Company XYZ generates a profit of $40 for each laptop they sell. The company loses $500 for each laptop that is returned due to some defect. If 3 out of every 100 laptops that they produce is defective, what is the expected value of profit per laptop?
- A lawnmower manufacturer has the following loss distribution and its annual products liability costs. Assume all loading and other expenses are all equal to zero. What is the premium for a policy that has a no deductibles but has $700,000 policy limit? P(L) L 0.984 0.010 $50,000 0.004 $250,000 0.002 $750,000 $3,100.00 O $2,400.00 O $1,900.00 O $2,900.00 O $1,300.00 $02Cheapo Computers shipped two servers to its biggest client. Four refurbished computers were mistakenly restocked among 11 new systems. If the client receives two new systems, the profit for the company is $10,000; if the client receives one new system, the profit is $9,600. If the client receives two refurbished systems, the company loses $800. What are the expected value and standard deviation of CheapO's profits?
- A trader ordered x number of pen drives for GH¢48,000.00. She found that 40 of them were defective after taking deliveries of the items. She then sold all the remaining pendrives. The selling price of one pen drive was GH¢100.00 more than the cost price.Find in terms of x ; (i) an expression for the total sum that she received from the saleb) If she made a profit of GH¢12,000.00 from the sales, Find;(i) the number of pen drives she originally bought(ii) the cost price for a pen drive.c) This same trader has decided to set up a sinking fund for the purpose of purchasing a truck in 2 years’ time. It is expected that the truck will cost GH¢30,000. If the fund earns 10% interest per year compounded quarterly, determine the size of each (equal) quarterly installment the trader should pay into the fund.23. Mrs. Racelis, an entrepreneur, purchased 500 bags of cement at P 240 per bag If she sold 500 bags at P 35,000.Compute for the percentage of gross margin. a.45.71% b. 55.5% C.42.1% d.31.45% 24.A final price after deducting all discounts and rebates. d. Purchase price 25.It is the amount by which the retail price of a product is reduced by the manufacturer when it is sold to the a.Net sale b. Net earnings c. Net price reseller or customer. a. Trade discount c. Net price d. Net earnings Retail Price 26.This will be obtained by dividing the trade discount to selling price. .Trade discount b. Discount rate c. Net earnings d. Net price 27. These are given to customers in order to encourage them to purchase in volume. It is also effective in promoting seasonal items and to entice new set of customers. a. List price b. Discount series c. Discount d. Trade discount 28. An item worth 10,000 is now selling with discount. Of the following discount series, which has a greater discount? d. 15%,…Home Depot sells a couch for $250.50. The dollar amount of markup on the couch is $95.72. Round all dollar values to two decimal places and percentages to two decimals (i. e 34.56%). a. What is the cost to Home Depot? [1 pt] b. What is the markup on selling percentage? 1pt
- 17. Jolo Corporation wants to revise the sales commission payment scheme. Currently, the 4 sales person receive a monthly salary of P5,000 each and a P5 for every unit sold. The new payment scheme will require the company to pay each sales person a monthly salary of P10,000 and an additional P3 for every unit sold. What is the number of units sold wherein the company will be indifferent between the two payment scheme? OA. 10,000 units OB. 8,571 units O C. 2,500 units OD. None of the aboveP.nileshA dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of selling price?