Why profit made on sales is @20%?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
What are the five steps to developing a company-wide ruthless sales focus?
Posted by:
Vinod Jetley
30-July-2014

Major Accounts Accountancy

Question added by Sudipta Ghosh
Date Posted: 2016/03/11

Upvote (0) Views (2) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

suryakanta prusty

by suryakanta prusty , assistant supervisor , NEW STAR ELECTRICAL WINDING WORKS

company needs profit 20% because organization needs to improve day by day and gets ranked based company

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

Gross profit is 20% of cost sales how do you calculate?
Top Answer: Cost of sale will be equal to Revenue - COGs - 100% - 20% = 80% See More

Answers (1)
If profits are 20% of selling price, what is the percentage of profit to cost?
Top Answer: <p>the answer is25%</p> See More

Answers (4)
Sold good costing 5,00,000 at profit of 20% on cost price 60% for cash and rest on credit Give accounting equation?
Top Answer: + Cash 360000 +A/R 240000 = + sales 600000 Assets = liabilities + owner equity See More

Answers (2)
If a firm sells 7000 units it's loss is $ 40,000. But if it sells 10,000 units it's profit is $ 20,000 . What is it's Fixed Cost :?
Top Answer: b)180,000 Hmm... with the assumption that total cost and other cost elements was not given to obtain the ... See More

Answers (3)