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  • This topic has 6 replies, 2 voices, and was last updated 7 years ago by Ken Garrett.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • October 16, 2015 at 7:00 pm #276722
    biameraj
    Member
    • Topics: 13
    • Replies: 9
    • ☆

    Formula to solve qs related to markup or margin qs?? Problem in calculating both of these in qs clear this with examples??

    October 16, 2015 at 9:00 pm #276731
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10194
    • ☆☆☆☆☆

    Cost + markup =selling price
    100 + 33 1/3 = 133 1/3

    Given any figure use proportions to find others.

    October 17, 2015 at 5:34 am #276750
    biameraj
    Member
    • Topics: 13
    • Replies: 9
    • ☆

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

    October 17, 2015 at 10:21 am #276788
    biameraj
    Member
    • Topics: 13
    • Replies: 9
    • ☆

    And plz tell me cultural web is examinable?

    October 17, 2015 at 3:50 pm #276892
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10194
    • ☆☆☆☆☆

    Cost + Mark-up = Sales

    66 2/3 + 33 1/3 = 100

    I don’t think cultural web is relevant to P5

    October 17, 2015 at 7:02 pm #276916
    biameraj
    Member
    • Topics: 13
    • Replies: 9
    • ☆

    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????????

    October 18, 2015 at 5:38 pm #277024
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10194
    • ☆☆☆☆☆

    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.

  • Author
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