Cp=9800 overhead expenses =600 profit %=8% find the profit and sp
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Answer:
Actual CP = 9800 + 600 = 10400
p% = 8%
now , SP = 108% of CP
= (108/100)*10400
= 108 * 104
= 11,232
now , profit = SP - CP = 11,232 - 10400
= 832 answer
Answered by
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Cp=9800
Overhead expenses=600
Total Cp=Cp+overhead expenses
=9800+600
=10400
Profit%=8%
Sp=(100+Profit%)/100×cp
=(100+8)/100×10400
=108/100×10400
=11232
Profit=Sp-Cp
=11232-10400
=832
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