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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 ... Voir Plus
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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 ... Voir Plus
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
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 = ... Voir Plus