Quiz:Present economic study 1. A hardware store purchased a tool at P20,000 per unit. At what price should the tool be sold so that giving a 15% discount, will provide them with 25% profit? 2
Quiz:Present economic study 1. A hardware store purchased a tool at P20,000 per unit. At what price should the tool be sold so that giving a 15% discount, will provide them with 25% profit? 2
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Answer number #1. Need an answer now. thanks!
![Quiz: Present economic study
1. A hardware store purchased a tool at 20,000 per unit. At what price should
the tool be sold so that giving a 15% discount, will provide them with 25% profit?
2. An engineer bought a second-hand service car and later sold it to a client at a
profit of 20%. The said client then resold the car to a trader at a profit of 28%. If
the trader paid P30,000 more than it cost the engineer, how much did the
engineer paid the car?
3. A fixed capital investment of P12M is required for a production plant and an
estimated working capital of P3M. Annual Depreciation is estimated to be 15% of
the capital investment. Determine the rate of return on the total investment and
the length of time to recover it if the annual profit is P2.8M.
4. A manufacturing firm maintains one product assembly line to produce generators.
The demand for the product is 85 units/week. The production runs at 8 hours/day,
5.5 days/week. What is the maximum production time per unit in hours required of
the production line to meet the demand?
Thanks. God bless everyone!
22-23, 1st](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9c0d039d-edd9-453b-b7e3-db8354654c44%2F6983b509-f3aa-4c56-9ab0-463e3d48ed61%2F8q8oq3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Quiz: Present economic study
1. A hardware store purchased a tool at 20,000 per unit. At what price should
the tool be sold so that giving a 15% discount, will provide them with 25% profit?
2. An engineer bought a second-hand service car and later sold it to a client at a
profit of 20%. The said client then resold the car to a trader at a profit of 28%. If
the trader paid P30,000 more than it cost the engineer, how much did the
engineer paid the car?
3. A fixed capital investment of P12M is required for a production plant and an
estimated working capital of P3M. Annual Depreciation is estimated to be 15% of
the capital investment. Determine the rate of return on the total investment and
the length of time to recover it if the annual profit is P2.8M.
4. A manufacturing firm maintains one product assembly line to produce generators.
The demand for the product is 85 units/week. The production runs at 8 hours/day,
5.5 days/week. What is the maximum production time per unit in hours required of
the production line to meet the demand?
Thanks. God bless everyone!
22-23, 1st
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