[ \textBreak-Even Point (units) = \frac\textFixed Costs\textPrice per unit - \textVariable Cost per unit ] Question 4 A coffee shop sells cups of coffee for $3.00 each. Variable cost per cup (beans, cup, lid) is $1.00. Fixed costs (rent, insurance) are $1,000 per month. How many cups must they sell to break even?
[ \textContribution per cup = 3.00 - 1.00 = 2.00 ] [ \textBEP (units) = \frac10002.00 = 500 \text cups ] ✅ 500 cups Part 4: Trade Discounts (Chain Discounts) Chapter 1 often introduces single and chain discounts. Question 5 An invoice lists a product with a list price of $2,000. The supplier offers a trade discount of 20% and another 10% (20/10). What is the net price? business mathematics chapter 1 questions and answers
[ \textProfit Percentage (on SP) = \frac\textProfit\textSelling Price \times 100 ] [ = \frac60400 \times 100 = 15% ] ✅ 15% based on SP Part 2: Markup vs. Markdown Question 3 (Markup) A jacket costs a store $80. They apply a 40% markup on cost. Later, they offer a 20% discount on the marked price. What is the final selling price? How many cups must they sell to break even
Need more chapters? Let me know in the comments. The supplier offers a trade discount of 20%
[ \textProfit = 25% \times 120 = 0.25 \times 120 = 30 ] [ SP = C + P = 120 + 30 = 150 ] ✅ Selling Price = $150 Question 2 A phone is sold for $400, making a $60 profit. What is the profit percentage based on selling price ?
( I = P \times r \times t )
[ \textBreak-Even Point (units) = \frac\textFixed Costs\textPrice per unit - \textVariable Cost per unit ] Question 4 A coffee shop sells cups of coffee for $3.00 each. Variable cost per cup (beans, cup, lid) is $1.00. Fixed costs (rent, insurance) are $1,000 per month. How many cups must they sell to break even?
[ \textContribution per cup = 3.00 - 1.00 = 2.00 ] [ \textBEP (units) = \frac10002.00 = 500 \text cups ] ✅ 500 cups Part 4: Trade Discounts (Chain Discounts) Chapter 1 often introduces single and chain discounts. Question 5 An invoice lists a product with a list price of $2,000. The supplier offers a trade discount of 20% and another 10% (20/10). What is the net price?
[ \textProfit Percentage (on SP) = \frac\textProfit\textSelling Price \times 100 ] [ = \frac60400 \times 100 = 15% ] ✅ 15% based on SP Part 2: Markup vs. Markdown Question 3 (Markup) A jacket costs a store $80. They apply a 40% markup on cost. Later, they offer a 20% discount on the marked price. What is the final selling price?
Need more chapters? Let me know in the comments.
[ \textProfit = 25% \times 120 = 0.25 \times 120 = 30 ] [ SP = C + P = 120 + 30 = 150 ] ✅ Selling Price = $150 Question 2 A phone is sold for $400, making a $60 profit. What is the profit percentage based on selling price ?
( I = P \times r \times t )