[ioanastoenescu]

@karanpreetrobin said:
20th was rolling budget it was deffo A,

1st mcq was A too

learning rate 75%, Bep 24000, revised mark up 37.8%,
variance was both proportion ones 2and4

how did you get the 37.8 % revised mark up ?
thanks !

[ioanastoenescu]

Thanks so much for the review.
Could anyone help me with the Revised Mark Up?
In short : Cost + Mark Up (50% Cost )=Price.
But as market conditions change company increases Price by 10% and lowers Cost by 2%. What’s the new Mark Up?
I would really appreaciate feed back on this because I’m lost, got no solution even close to the MCQ variants. For the other MCQs I found solutions similar to what you guys described here.

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