A vegetable stand owner purchases onions at the rate of P350 per kg daily and sells it at the rate of P375 per kg. The unsold product at the end of the day can be disposed off the next day at the salvage value of P275 per kg. Past sales have ranged from 30 to 38 kg per day. What is store owner loss per kg of onion if left unsold?
A vegetable stand owner purchases onions at the rate of P350 per kg daily and sells it at the rate of P375 per kg. The unsold product at the end of the day can be disposed off the next day at the salvage value of P275 per kg. Past sales have ranged from 30 to 38 kg per day. What is store owner loss per kg of onion if left unsold?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A vegetable stand owner purchases onions at the rate of P350 per kg daily and sells it at the rate of P375 per kg. The unsold product at the end of the day can be disposed off the next day at the salvage value of P275 per kg. Past sales have ranged from 30 to 38 kg per day. What is store owner loss per kg of onion if left unsold?
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