Costs and revenues
Maybe it's because I am tired and it's late but I can't seem to figure this out. Below is a screen shot of a question complete with the answers which have been provided in red.
I can't for the like of me work out how £2904.00 is the correct answer to part b). Maybe I'm misunderstanding the question, maybe there's a mistake in the answer. Part a) I have answered no problem, but I have part b) down as £1531.20 calculated as (£8 x 16.50%) x 1,160.
I'd be grateful for your help, thank you
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