Question

7 points Save Answer tion 13 Astore buys books to itssupplier for AED 30 and sets them for AED 50each. The additional costs are 20% ofthe bu ng cost. The sore buys 100toes and sets 80 0, hem at the regular price, and the rest, on sale, at the buying price What is the total additional cost? What is the total buying cost? What is the total cost? What is the total revenue? " What is the net income? A 600 B Profit C 3600 D. Loss E. 4600 F 1000 G 3000 H 28% 30% Is the net income profit or loss? ?? What is the profit/loss as a percentage of the total cost to the nearest percentage?

Answer 1

Total Additional Cost	3000*20%	$           600
Total Buying Cost	100*30	$        3,000
Total Cost	3000+600	$        3,600
Total Revenue	4000+600	$        4,600
Net Income	4600-3600	$        1,000
Is Net Income Profit/(Loss)		Profit
Profit as % of Cost	1000/3600*100	28%

Workings:

	Number	Rate	Amount
Purchase	100	30	$        3,000
Sale	80	50	$        4,000
Sale	20	30	$           600

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