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Bpp revision kit of no 54 question no 161

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Bpp revision kit of no 54 question no 161

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 12, 2019 at 6:47 pm #522764
    afiamirza
    Member
    • Topics: 21
    • Replies: 10
    • ☆

    In this question I have doubt regarding the working of sales revenue
    Total sales revenue of small and large house together for 1st year is 5450 can you just show the calculation of getting this answer and how we get total inflated sales revenue for 1st yr 5614 just let me know how we calculated to get this required answer

    July 12, 2019 at 9:24 pm #522784
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    But the answer actually shows the workings!!!!

    They are inflating at 3%, and so 5,450 x 1.03 = 5,614

    Have you watched my free lectures??

    July 13, 2019 at 7:26 pm #522946
    afiamirza
    Member
    • Topics: 21
    • Replies: 10
    • ☆

    Yes I have watched the free lectures
    But I didn’t get this solution as I’m confused with 5450 I understood the inflated sum but how we get this
    Small house selling price 200
    Small house quantity 15
    Large house selling price 350
    Large house qty 7
    Total sales revenue = 5450
    How we calculated this part to get the required answer as I have multiplied all 200*15*350*7 = I got smth answer 7350000 but how we get 5450
    Explain this calculation

    July 14, 2019 at 11:05 am #523006
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    The revenue from small houses is 200 x 15 = 3,000.
    The revenue from large houses is 350 x 7 = 2,450

    The total revenue = 3,000 + 2,450 = 5,450

    What you have done makes no sense at all!

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