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Urslan Ali's image
Question added by Urslan Ali Supervisor Finance, Logistics Sevens LLC - Al Naboodah Group
9 years ago

Manufacturer produces a product A which costs to him 100 and wanted to earn 16 as net profit and also wanted to give 16% as cash discount.‎

XYZ a manufacturer produces a product A which costs to him100 and wanted to earn16 as net profit and also wanted to give16% as  cash discount what would be the selling pr‎ ... See More

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Question added by faudhia kibunda
8 years ago
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Md Abdulla  Siddiki's image
Question added by Md Abdulla Siddiki Mfar Maldives GFORG
7 years ago

4 getower you have any questions you have a good time?‎

Good cv service OK with you Ramadan Kareem thankfully‎

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Question added by unsa arshad
7 years ago
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Sidvin Shetty's image  
Answer added by  Sidvin Shetty, Trade Marketing Executive, Al Khayyat Investments
9 years ago

Habibi ... The cost of the product in business terms is only a component of the cost. There are others such as:- Distribution Cost, Overhead Cost, Warehouse, logistics &a ... See More

Aeisha Abdul Kader's image  
Answer added by  Aeisha Abdul Kader, Accountant / Professional Assistant, VM Apparel CC
8 years ago

The net selling price after the discount would be 116. Which is 84% of the gross selling price. The gross selling price is therefore 116/84*100 = 138.10

Ahmed Abdi Mahad's image  
Answer added by  Ahmed Abdi Mahad, Director of Internal Auditing Directorate, Jigjiga University
9 years ago

Given Cost  =100 Target profit =16 Sales discount16% of sales Required? Selling price Let X be Gross Selling price, then X -016x -100 =16 =0.84x -100 =16 0.84x =116 x = ... See More