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Activity 2 - Combined Calculations of A Trading Business-1
Activity 2 - Combined Calculations of A Trading Business-1
UP
2.1 Assume that the profit mark-up is added on the cost price of goods sold. Calculate the missing figures (A to
H) in the following table:
No. Profit % on cost Cost Price Profit Sales price
1 50% A B R6 000
2 80% R8 000 C D
3 60% R1 200 E F
4 75% G H R3 500
2.2 Calculate the missing figures (A to D) in the following table when a profit of 70% on cost price on goods
sold is made:
No. Cost Price Profit Sales Price
1 R 7000 A D
2 C B R23 800
2.3 Assume that the profit mark-up is added on the cost price of goods sold. Calculate the missing figures (A to
D) in the following table:
No. Profit % on cost Cost Price Profit Sales Price
1 50% A B R12 000
2 80% R16 000 C D
3 60% R2 400 E F
4 75% G H R7 000