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Mantis & Gear Sep/Dec 2015

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.

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August 14, 2017 at 3:07 pm #401797
accountant4life
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- Topics: 12
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Question a Mantis and Gear
How they get the average selling price of $150 and $135.
And also a decrease of 10%
Please help
Thank you
August 15, 2017 at 8:31 am #401914
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10544
Average selling price is simply sales revenue/sales volume.
Going from $150 to $135 is a decrease of $15 or 10% (100 x 15/150).
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