EMS- 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 x Cost of sales 
Sales= 1,MU x Cost of sales
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3
Q

Mark up

A

Sales - cost of sales = gross profit

Gross profit/cost of sales x 100% = mark up

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