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A sold a product for 20% profit to B, B sold for 10 % loss
for 230.
1, What is sale price of A
2, if A have sold for 500 what is profit %
Please explain step by step.
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Answer Posted / akshay jagga
1. 255.55
2. 35%
Both are approx ans.
| Is This Answer Correct ? | 2 Yes | 1 No |
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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
