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Grade 9- July Exams > Economic Management Sciences- Equations > Flashcards

Economic Management Sciences- Equations Flashcards

1
Q

Cost price

A

Cost of sales= 100/100+MU x Sales

Cost of sales = Sales / 1,MU

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2
Q

Selling price

A 
Sales = 100+MU/100 x COS
Sales = 1,MU x COS
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3
Q

Mark up

A

Sales - COS = Gross Profit

Gross profit/COS x 100%

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Grade 9- July Exams (148 decks)

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