How do u calculate.....

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
How do u calculate the profit.<BR><BR>I have a total cost figure of £525.03<BR><BR>i have been told the profit margin is 30% on the selling price.<BR><BR>How do u work that?<BR><BR>I know the answer, but cant figure how to work it.<BR><BR>Can anyone please advise??<BR><BR>Thanks

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    How do u calculate.....

    Its ok, i've sussed it.<BR>Once i switched my brain on!<BR><BR>525.03 divide by 70 x 100 = 30% profit on selling price<BR><BR>225.01 = profit<BR>750.04 = Selling price.<BR><BR>(yes its Treetops simulation paper)

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