# Lifelong Learning Zone e-learning

MAAT, AATQB Posts: 71 Regular contributor ⭐ 😼 ⭐
Hello all!

I'm working through the exercises on the lifelong learning zone today and found some questions which confused me a bit. It's entirely possible I was just being stupid, so have a look and let me know whether I'm being thick!

MAAT - April 2022
Currently working through ACCA

• MAAT Posts: 474 Dedicated contributor 🌟 🐵 🌟
So the second question gives you the answer. I'm assuming it's either a state the obvious or misprint.

The first question tells you the profit margin and the cost of sales and you want sales: (If it was mark up then it'd be CoS*(1+markup))

Profit Margin= ((Sales - Cost of sales) / Sales)*100

or recognize that if the profit margin is 45% the remaining 55% has to be the cost of sales

0.55 S = CoS

S = 27,500/0.55

S = £50,000
AAT Level 4, MAAT
ACCA in progress
F4- Passed Aug 2020
F5- Passed Dec 2020
F6- Passed Sep 2020
F7- Passed June 2021
F8 - Passed Sep 2021
F9 - Passed June 2021

SBL -
SBR - Passed Mar 22
ATX - Passed Dec 21
APM - Passed June 22
• MAAT, AATQB Posts: 71 Regular contributor ⭐ 😼 ⭐
Right, thanks! I battled through it in the end (not without getting it wrong first, always the best way), but I kept reading these words and thinking that it just didn't make sense. Ah well, onwards and upwards, as they say
MAAT - April 2022
Currently working through ACCA