The buying price of a basket of oranges is N1000 and the selling price is N5 per orange. What is the profit per basket if 300 oranges are found in the basket?

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Break-even point is that level of production at which a business unit makes no profit and no loss. The level of production and sales at which the income covers all variable and fixed costs of the business is termed the break-even point.

Divide total costs (Here 1000) by the selling price (5) to determine how many units must be sold to break even. Hence 1000/5=200.

If you only sell 199, you are losing money and have not achieved break even.

this is simple division.
10 makes it real easy as you can just move the decimal over.
so you have $2 per 10 or 2/10 which is $.2 or .20 or 20 cents each.
for the final answer, you just replace the $2 with $1 and divide by your last answer (unit cost each).

total cost of blouses p2400
16 sold at p145 = 2320p
p2400 - p2320 = 80p loss on original stock cost
to make a p480 total profit p480 + 80p(cover loss) = 560P
560P /4 = 140p
560p +2320 p = 2880 ptotal proceeds
profit = proceeds - original stock cost
profit = 2880p - 2400p
profit = 480p
Answer is 140p

Ow this is a math problem! Here is my solution:
Based on the purchased price or Rs1200 for the 20 buckets, each bucket would then cost 1200 / 20 = Rs 60.
To make a profit of Rs 15.50 per bucket, he should sell each bucket with the price of Rs 60 + 15.50 = Rs 75.5.
=)

Answer A:

45 dozen: 12 x 45 = 540

Destroyed: 15% of 540 = 540 x (15/100) = 81

Remaining: 540 - 81 = 459

A profit of 265 means that 459 items must sell at 2700+265=2965 naira or 2965/459=6.46 naira approximately.

Cost per item = 6.46 or 6.5 naira approximately


Answer B:

Cost = 800 naira

8 spoilt. Remaining = 200 - 8 = 192 OR 16 dozen (12x16=192)

Selling price: 60 naira per dozen = 60 x 16 = 960 naira

Profit made (selling price - cost price) = 960 - 800 = 160 naira. Percent profit = Profit/cost x 100 = 160/800 x 100 = 20%

Percentage profit = 20%

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Cost/Sell / Margin can be very confusing it uses the following Account formulas (For Cost = Selling price - ( Selling price / Markup) For Sell = Selling Price =Cost / (1-Margin%))

It is not a pure percentage. Please respond back if you have any other questions.

I would need the capacity and average attendance for concerts to be able to make this decision. There are other issues that would have a bottom line impact that are not discussed.