Marina has a small store. Last month, she purchased merchandise costing ₱75, 000 for which she gained 10% of the cost price. She also paid ₱2,000 for interest on money she borrowed for her store. a. How much was her cost of sales? b. How much profit did she make?
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Marina has a small store. Last month, she purchased merchandise costing ₱75, 000 for which she gained 10% of the cost price. She also paid ₱2,000 for interest on
money she borrowed for her store. a. How much was her cost of sales?
b. How much profit did she make?
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- Ester has a small store. For the current month, she purchased merchandise costing 75000 for which she paid for 7500. She sold 60% of the merchandise for 68000, after spending for various expenses totaling 13000. She also paid 2000 for the interest on a money she borrowed for her store. a. How musch was her cost of sales?b. How much gross profit did she make?c. How much operating profit did she make?Ryan, an agent, was able to sell Mikoy Frozen Products worth 50,000.00. Given her commission of 10%. How much will he receive if his earnings are based on commission alone?esther has a small business store. last month, she purchased merchadise costing 20 000 pesos and sold it 80% of it amounting to 40 000 pesos after spending various expenses totaling rp 3 00 pesos.
- Michelle went to Likhang Maragondon Native Products Trading and bought 50 face mask for ₱ 16,000.00. When she got back to Manila, she sold 40 of the face masks for a total of ₱ 14,000.00 and the rest as ₱ 320.00 each. How much profit did Michelle gain?Carmen who is a sales representative receives a basic salary of Php. 400,000 per year plus a commission of 10% if she sold over Php, 50,000. Compute her income for a month in which she sold goods amounting to Php. 800,000.Terry is a salesman who has a monthly salary of 25,000 pesos. His total sales for the month amount to 170,000 pesos. How much is his GROSS INCOME for the month if: a. he is paid 4% of his total sales? b. each product costs 2,125 pesos and he is paid 87 pesos for each product he sold? c. he is paid 3% of sales up to 100,000 pesos, 5% of the next 50,000 pesos, and 7.5% of sales beyond 150,000 pesos? d. if he has a quota of 150,000 pesos and he is paid 36% of all sales in excess of that quota?
- Mr. John Villamin wanted to sell cupcakes to his friends. He spends Php 22.50 per cupcake with corresponding mark up of 140%. For the month of February 2022, he sold 100 pcs on the 1st 15 days of the month, and 125 pcs on the remaining days of the month. Other expenses are 10% of the total ingredients cost. How much is the income or loss of Mr. Villamin for the month of February 2022 (indicate if income or loss and show your computation)?Michelle went to Baguio and bought 20 jars of strawberry jam for 3,500.00 with 15%discaunt. when she got back to manila, she sold 10 of the jar a total of 1,800.00 the rest as 185.oo each. how much profit did michelle againMr. So borrowed Php200,000 from a cooperative that charges 15% yearly. He used the loan to start his food stand business. How much will he pay for the loan after 18 months?
- Irish paid a monthly salary of 15,000.00 and earn a commission of 3% in sales. If she sold a monthly amount of 150,000.00 during the month, how much is his gross pay?ASLEY is in the business of purchasing accounts receivable from businesses at a discount and then collecting them. Last year, she purchased a $30,000 account receivable for $25,000. This year, the account was settled for $25,000. How much loss can Peggy deduct and in which year? a.$5,000 for the prior year. b.$5,000 for the prior year and $5,000 for the current year. c.$5,000 for the current year. d.$-0- for the current year.Consider the overall effects on Fischer of selling antiques on credit for £53,000 and incurring expenses totalling £40,000. What is Fischer's profit or loss?