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
Ask the Tutor ACCA SBL
Mantis & Gear Sep/Dec 2015
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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