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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
Good cv service OK with you Ramadan Kareem thankfully
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
Selling price (100+16)/(1-0.16)=138.10
The Selling Price would be calculated as follows: (100+16) /0.84 =138.10
Selling price =138.10
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