Annie bought one dozen smartphones for 200,000 pesos with a discount of 5%. She sold half dozen at a price of 18,000 pesos per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen at 12,000 pesos each unit. What was her profit or loss?Compute the following requirements:a. Gross profit rateb. Operating profit margin ratec. Net profit margin rated. Return on investment What's MoreCompute the Gross ProfitAnswer the given problem.1. Annie bought one dozen smartphones for P200,000.00 with a discount of FyShe sold half dozen at a price of P18,000.00 per unit. However, a new modelof smartphone became available in the market, so she sold the remaining haltdozen @ P12,000.00 each unit. What was her profit or loss?Compute the following requirements:a. Gross profit rateb. Operating profit margin rateC. Net profit margin rated. Return on InvestmentNo

The above question is from the topic : Calculation of Gross Profit. To calculate the profit/loss…

Answered: Annie bought one dozen smartphones for…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Related questions

Concept explainers

Question

Annie bought one dozen smartphones for 200,000 pesos with a discount of 5%. She sold half dozen at a price of 18,000 pesos per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen at 12,000 pesos each unit. What was her profit or loss?

Compute the following requirements:

a. Gross profit rate

b. Operating profit margin rate

c. Net profit margin rate

d. Return on investment

What's More
Compute the Gross Profit
Answer the given problem.
1. Annie bought one dozen smartphones for P200,000.00 with a discount of Fy
She sold half dozen at a price of P18,000.00 per unit. However, a new model
of smartphone became available in the market, so she sold the remaining halt
dozen @ P12,000.00 each unit. What was her profit or loss?
Compute the following requirements:
a. Gross profit rate
b. Operating profit margin rate
C. Net profit margin rate
d. Return on Investment
No

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.

Similar questions