QuestionsCategory: QuestionsProfit-Loss
Shreya HalderShreya Halder asked 2 years ago
  • A manufacturer produced 10,000 units of a certain product at a cost of BDT 200 each. The product was sold to a distributor at a price of BDT 300 each, which was marked up by 25%. However, 6% of the products were returned and refunded at 50% of the purchase price. What was the manufacturer's approximate profit or loss as a percentage of its initial cost for the 10,000 units?
1 Answers
Study Mate gbfcdvbvStudy Mate gbfcdvbv answered 2 years ago

Unit 10,000 production cost 200selling price 300Revenue to be 3,000,000 cost 2,000,000 Profit 1,000,000 Returned unit 600 refund price per unit 150Product returned 90,000  Profit after refund 910,000 Profit in % 46%

en_USEnglish