Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half a dozen at a price of P18,000.00 per unit. However, a new model of smartphones became available in the market, so she sold the remaining half dozen @ P12,000.00 each unit. What was her profit or loss?
b. Operating profit margin rate
b. Operating profit margin rate
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Answer:
she lost P10,000
Step-by-step explanation:
she spent money 200,000 x (1-5%) = 190,000
total price equals unit price multiplied by quantity
she earned money 18,000x6 + 12,000x6 = 180,000
the money she spent subtract the money she earned
190,000 - 180,000 = 10,000
so she lost P 10,000