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- This topic has 6 replies, 2 voices, and was last updated 9 years ago by Ken Garrett.
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- October 16, 2015 at 7:00 pm #276722
Formula to solve qs related to markup or margin qs?? Problem in calculating both of these in qs clear this with examples??
October 16, 2015 at 9:00 pm #276731Cost + markup =selling price
100 + 33 1/3 = 133 1/3Given any figure use proportions to find others.
October 17, 2015 at 5:34 am #276750And if in qs ask for margin with same figures than what’s the formula?
October 17, 2015 at 10:21 am #276788And plz tell me cultural web is examinable?
October 17, 2015 at 3:50 pm #276892Cost + Mark-up = Sales
66 2/3 + 33 1/3 = 100
I don’t think cultural web is relevant to P5
October 17, 2015 at 7:02 pm #276916June 2011
Qs 4 how these overall market growth calculations done 0.67,9.66,_2.67,6.99 and also Ent divisional growth 4.67,15.28. ,_1.34,6.98????????October 18, 2015 at 5:38 pm #277024Taking restaurants, market sector:
Goes from 10,752 to 10,968 in three jumps, from 2010 to 2011, from 2011 to 2012 and from 2012 to 2013. There are three periods of growth.
If annual growth = g, then
10,752(1 + g)^3 = 10,968 [^3 = cubed]
(1 + g)^3 = 10,968/10,752
1+g = Cube root of (10,968/10,752) = 1.0067
g = 0.0067 or 0.67%
Other figures similarly.
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