Question
The price of some wooden furniture increases by 65%
when it passes through three hands. If the first and second sellers made a profit of 20% and 25%, respectively, then find the profit percentage of the third seller.Solution
solution- I II 25%30% Successive profit = 20 + 25 + 20×25/100=50% Let the third profit be x% then - 50+x+50×x/100=65 50+x+50x/100=65 (100x+50x)/100=65-50 150x=1500 x=10
What is the purpose of ABC analysis in inventory management?
In the context of management, what is the purpose of control?
Why is ethical behavior important for businesses in customer relations?
What leadership style involves making decisions without consulting others?
Why is effective maintenance crucial in facilities and infrastructure management?
Which document details the qualifications, skills, and attributes required for a particular job?
What is distributive justice primarily concerned with?
What do discipline and sincerity contribute to personal growth?
Why should civil servants be concerned about their public image?
What does the affective component of attitudes encompass?