Mark up

Cost + markup =selling price 100 + 33 1/3 = 133 1/3 Given any figure use proportions to find others.

And if in qs ask for margin with same figures than what's the formula?

And plz tell me cultural web is examinable?

Cost + Mark-up = Sales 66 2/3 + 33 1/3 = 100 I don't think cultural web is relevant to P5

June 2011 Qs 4 how these overall market growth calculations done 0.67,9.66,_2.67,6.99 and also Ent divisional growth 4.67,15.28. ,_1.34,6.98????????

Taking restaurants, market sector: Goes from 10,752 to 10,968 in three jumps, from 2010 to 2011, from 2011 to 2012 and from 2012 to 2013. There are three periods of growth. If annual growth = g, then 10,752(1 + g)^3 = 10,968 [^3 = cubed] (1 + g)^3 = 10,968/10,752 1+g = Cube root of (10,968/10,752) = 1.0067 g = 0.0067 or 0.67% Other figures similarly.