Introduction :
The business mathematics always deals with gain or loss. The cost of a thing or materials are fixed by taking into consideration of its profit, margin, cash discount, trade discount, etc. The price that marked in the article is called catalogue price or marked price. For trading, the producer makes a discount in the marked price to the buyer and the test questions to improve their knowledge in business .Online is new process where a good business adviser will help and share his knowledge through Internet and solves the customer problems more effectively with out any error.Let us see about the article called business math help in online.
Business math problems are solved with the help of online
Problem 1:
A capenter bought 158 wooden tables for the cost $1900. In the amount of 158 wooden tables 61are damaged . Then the capenter sold the remaining wooden tables for the cost185 for each. Calculate and find the profit or loss percent of his business.
Solution:
Cost Price of 158 wooden tables = 1900.
61 wooden tables are damaged
Remaining wooden tables = 158 – 61 = 97
Selling Price of wooden tables = 1900
Selling Price of 97 wooden tables = 97 × 1900 = $ 184300.
Here the sales Price is greater than Cost Price.
Profit = Selling Price – Cost Price
= 184300 – 1900 = $ 182400
Profit % = `(profit)/(cost price)` × 100
`182400/1900 ` x 100
Profit percentage is =9600%
Problem 2:
In a ice cream shop a employee gets salary depends upon how he work for the day for 5 days and he gets salary Rs.20,80,250,320,340.calculate and find the profit cost of his salary.
Solution:
Given that ,
Number of working days,n=5
The formula for average cost.
X=`sum``(X_ i) /n`
= `((20+80+250+320+340)/5) `
= `1010/5`
profit cost price per day = $.202
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One more business math problems are solved with the help of online
Problem 3:
A sports material producing company bought 779 cricket bats for the cost 250. Among the779 cricket bats 23 are damaged. Then the company sold the undamaged cricket bats for the cost 155 each. Calculate and find the profit or loss percent of the company business.
Solution:
Cost Price of 779 cricket bats = $250.
23 are damaged cricket bats
Remaining cricket bats = 779 – 23 = 756
Selling Price of one cricket bat is = $250
Selling Price of 756 cricket bats = 756 × 250 = $189000.
Here the sales Price is greater than Cost Price.
Profit = Selling Price – Cost Price
= 189000 – 250 = $188750
Profit % = `(profit)/(cost price)` × 100
= `188750/250` × 100
Profit percentage is = 75500 %
The business mathematics always deals with gain or loss. The cost of a thing or materials are fixed by taking into consideration of its profit, margin, cash discount, trade discount, etc. The price that marked in the article is called catalogue price or marked price. For trading, the producer makes a discount in the marked price to the buyer and the test questions to improve their knowledge in business .Online is new process where a good business adviser will help and share his knowledge through Internet and solves the customer problems more effectively with out any error.Let us see about the article called business math help in online.
Business math problems are solved with the help of online
Problem 1:
A capenter bought 158 wooden tables for the cost $1900. In the amount of 158 wooden tables 61are damaged . Then the capenter sold the remaining wooden tables for the cost185 for each. Calculate and find the profit or loss percent of his business.
Solution:
Cost Price of 158 wooden tables = 1900.
61 wooden tables are damaged
Remaining wooden tables = 158 – 61 = 97
Selling Price of wooden tables = 1900
Selling Price of 97 wooden tables = 97 × 1900 = $ 184300.
Here the sales Price is greater than Cost Price.
Profit = Selling Price – Cost Price
= 184300 – 1900 = $ 182400
Profit % = `(profit)/(cost price)` × 100
`182400/1900 ` x 100
Profit percentage is =9600%
Problem 2:
In a ice cream shop a employee gets salary depends upon how he work for the day for 5 days and he gets salary Rs.20,80,250,320,340.calculate and find the profit cost of his salary.
Solution:
Given that ,
Number of working days,n=5
The formula for average cost.
X=`sum``(X_ i) /n`
= `((20+80+250+320+340)/5) `
= `1010/5`
profit cost price per day = $.202
Is this topic Greatest Common Factor Calculator hard for you? Watch out for my coming posts.
One more business math problems are solved with the help of online
Problem 3:
A sports material producing company bought 779 cricket bats for the cost 250. Among the779 cricket bats 23 are damaged. Then the company sold the undamaged cricket bats for the cost 155 each. Calculate and find the profit or loss percent of the company business.
Solution:
Cost Price of 779 cricket bats = $250.
23 are damaged cricket bats
Remaining cricket bats = 779 – 23 = 756
Selling Price of one cricket bat is = $250
Selling Price of 756 cricket bats = 756 × 250 = $189000.
Here the sales Price is greater than Cost Price.
Profit = Selling Price – Cost Price
= 189000 – 250 = $188750
Profit % = `(profit)/(cost price)` × 100
= `188750/250` × 100
Profit percentage is = 75500 %
