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1. How would I calculate it for this question
2. (Original post by Lucky10)
The profit or loss is the difference between Cost per unit X Items sold and Selling price per unit X Items sold.
3. (Original post by Anxnymous)
The profit or loss is the difference between Cost per unit X Items sold and Selling price per unit X Items sold.
How would I do that then?
4. (Original post by Lucky10)
How would I do that then?
25,000 × 50p gives you the total cost for producing the items.

25,000 x £6 gives you the total sales figure.

Total sales - Total cost = Profit or loss made by the business.

Hope this helps
5. (Original post by Anxnymous)
25,000 × 50p gives you the total cost for producing the items.

25,000 x £6 gives you the total sales figure.

Total sales - Total cost = Profit or loss made by the business.

Hope this helps
Once I've done that I take it away right and then how will I know if it's profit or loss. Will loss Be a minus?
6. (Original post by Lucky10)
Once I've done that I take it away right and then how will I know if it's profit or loss. Will loss Be a minus?
Once you've done the first 2 steps, you take it away. If the sales figure is more than the Cost figure it'll be a profit. If the sales figure is less than the Cost figure it'll be a loss. The profit is whatever is left over from the sales once you have deducted the total costs.
7. (Original post by Anxnymous)
Once you've done the first 2 steps, you take it away. If the sales figure is more than the Cost figure it'll be a profit. If the sales figure is less than the Cost figure it'll be a loss. The profit is whatever is left over from the sales once you have deducted the total costs.
Thank you, could you help me on my other post on business.
8. (Original post by Lucky10)
Thank you, could you help me on my other post on business.
Yeah sure, could you send a link to the other post? As I'm new to this and can't seem to navigate my way around yet
9. This is it https://www.thestudentroom.co.uk/sho...6#post74414466

(Original post by Anxnymous)
Yeah sure, could you send a link to the other post? As I'm new to this and can't seem to navigate my way around yet
Y
10. Oh it's written.. I have not studied that aspect so I won't be able to help you with it
11. (Original post by Anxnymous)
Oh it's written.. I have not studied that aspect so I won't be able to help you with it
Thank you anyway
12. (Original post by Anxnymous)
Once you've done the first 2 steps, you take it away. If the sales figure is more than the Cost figure it'll be a profit. If the sales figure is less than the Cost figure it'll be a loss. The profit is whatever is left over from the sales once you have deducted the total costs.
I got 137500 is that right

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