Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    12
    ReputationRep:
    Please could someone help Me with this question based on profit margins. Thank you so much

    The business lost money until 1997, when it made an operating profit of £125000 on sales of £1.25m
    Which one of the following is the operating profit margin in 1997

    100%
    1%
    10%
    10.10%

    please also Explain how you got the answer?
    Thank you
    •  Official Rep
    Offline

    15
    ReputationRep:
     Official Rep
    Sorry you've not had any responses about this. Are you sure you've posted in the right place? Here's a link to our subject forum which should help get you more responses if you post there.


    Just quoting in Amusing Elk so she can move the thread if needed :wizard:
    Spoiler:
    Show
    (Original post by Amusing Elk)
    x
    Offline

    8
    ReputationRep:
    I believe you divide the profit by the operating cost but someone might need to double check that


    Posted from TSR Mobile
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Brussels sprouts
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.