A Retailer earns 51.22% margin by selling 1 unit of Deo X, 33.33% margin by selling 1 unit of Deo Y, 43.21% margin by selling 1 unit of Deo Z and 29.37% margin by selling 1 unit of Deo A. What is the average margin earned by the Retailer by selling 1 unit of each Deodorant?
Answers
Given : Earning Margin on different Deos
To find : Average Margin
Solution:
Assuming Cost Price Of Each Deo are same = 100C
other wise we can not solve the same with out cost price of each deo
Retailer earns 51.22% margin by selling 1 unit of Deo X
=> Margin = (51.22/100) 100C = 51.22C
Retailer earns 33.33% margin by selling 1 unit of Deo Y
=> Margin = (33.33/100) 100C = 33.33C
Retailer earns 43.21% margin by selling 1 unit of Deo Z
=> Margin = (43.21/100) 100C = 43.21C
Retailer earns 29.37% margin by selling 1 unit of Deo A
=> Margin = (29.37/100) 100C =29.37C
Total Cost = 100C + 100C + 100C + 100C = 400C
Total Margin = 51.22C + 33.33C + 43.21C + 29.37C
= 157.13 C
Average Margin = (157.13C/400C) * 100
= 39.2825 %
the average margin earned by the Retailer by selling 1 unit of each Deodorant = 39.2825 %
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