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Can someone pls explain how the unrealised profit in acquistion of air calculated as 0.6. Thanks
hi,
if cost = 3 m and
profit = 1 m therefore
selling price = 4m !so to calculate the percentage of the profit = (1/3) profit/cost.
and since 1.8 m (selling price) is left , so 1/3 of it is profit portion!!
=1.8*1/3=0.6
hope i was able to explain it to you!
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