Documentburster 4.5 - process invoices statements and general ledger

  • Download Documentburster 4.5 - process invoices statements and general ledger

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    John paid a sum of money for purchasing 20 pens, which he recovered in full when he sold 15 of them. What was his percentage of profit or loss per pen? Answer 33.33 If the sum he paid whilst purchasing 20 pens A, Then the Cost Price of each pen A/20. Since the amount he got whilst selling 15 pens is also A Then the Selling Price of each pen A/15. Since Selling Price Cost Price, he made a profit. Profit per pen Selling Price - Cost Price A/15.

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