I need your help here regarding P5 exam question no 3 (HEG) on December 2007. How to get the revenue of 45M ? the market shr 25M means the SP is 1.8 .. and so far in the question only stated SP 2.4 and mark up of 33 1/3% .. Kindly help me..thanks
Hi, I am not Tutor but I could offer here my reply. Selling price from the perspective of HSC is lower and equals 1.80. The given price relates to SFG (the supermarkets) – they buy it from HSC for 1.80 and sell with the given mark up of 33 1/3%.