Question
Calculate the total revenue generated from each clothing
item over the six-month period. Based on this data, determine the overall profit or loss for the boutique. Provide detailed calculations for each clothing item. Direction: A small business, Trendy Boutique , specializes in three types of clothing items: Designer Dresses , Casual Wear , and Formal Suits . Over the past six months, the boutique has recorded sales data as follows: Designer Dresses: Cost Price (CP): ₹1,500, Selling Price (SP): ₹2,200 Casual Wear: Cost Price (CP): ₹800, Selling Price (SP): ₹1,200 Formal Suits: Cost Price (CP): ₹2,500, Selling Price (SP): ₹3,500 The total units sold over six months for each clothing item are as follows: Designer Dresses: 300 units Casual Wear: 600 units Formal Suits: 200 units During this period, the boutique encountered some fluctuations in sales due to seasonal demand, which affected the profit margins for each product category.Solution
Total Revenue from Designer Dresses = 300 × 2,200 = ₹660,000 Total Revenue from Casual Wear = 600 × 1,200 = ₹720,000 Total Revenue from Formal Suits = 200 × 3,500 = ₹700,000 Total Revenue = 660,000 + 720,000 + 700,000 = ₹2,080,000 Total Cost for Designer Dresses = 300 × 1,500 = ₹450,000 Total Cost for Casual Wear = 600 × 800 = ₹480,000 Total Cost for Formal Suits = 200 × 2,500 = ₹500,000 Total Cost = 450,000 + 480,000 + 500,000 = ₹1,430,000 Overall Profit = Total Revenue - Total Cost = 2,080,000 - 1,430,000 = ₹650,000
In the context of vicarious liability, which of the following statements is true?
Which of the following statements is true regarding suit for redemption of mortgaged property?
Opinion as to handwriting is relevant under:
What is meant by Limited Liability Partnership Agreement?
As per section 128 of the Companies Act, 2013 for how long should the books of account be preserved by a company?
Rules relating to jurisdiction of an arbitral tribunal shall be made by?
The famous case of Balfour v. Balfour relates to________________
Insurance Regulatory Development Authority was setup on the recommendation of __________________
When multiple persons are being tried jointly for the same offense, and one person makes a confession affecting both himself and others, how may the cou...
In execution of decree of money-