Question

If the store decides to clear out excess Furniture inventory by offering a discount of 20% on the selling price, calculate the new selling price for Furniture and the total revenue if all units sold in the last month are sold at this price. What is the total profit from Furniture after the discount?

Q: Answer-If the store decides to clear out excess Furniture inventory by offering a discount of 20% on the se...

New Selling Price for Furniture 3,000 - 20 of 3,000 3,000 - 600 2,400 Total Revenue from Furniture if all units are sold 740 2,400 1776,000 Total Cost Price for Furniture 740 2,000 1480,000 Profit after discount Total Revenue - Total Cost Price 1776,000 - 1480,000 296,000