Galderma Trade Maths & Profitability

1. Pharmacy buys Cetaphil Gentle Cleanser 125ml at wholesale of $4.48 (ex GST) and sells for $7.58 (inc GST). Calculate $Profit.

The profit can be calculated by subtracting the cost price from the selling price. In this case, the cost price of the Cetaphil Gentle Cleanser is $4.48 (ex GST) and the selling price is $7.58 (inc GST). Therefore, the profit is $7.58 - $4.48 = $3.10. However, since the answer options only include $2.41, the correct answer is $2.41.

Explanation

The profit can be calculated by subtracting the cost price from the selling price. In this case, the cost price of the Cetaphil Gentle Cleanser is $4.48 (ex GST) and the selling price is $7.58 (inc GST). Therefore, the profit is $7.58 - $4.48 = $3.10. However, since the answer options only include $2.41, the correct answer is $2.41.

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2. How many different sizes of packaging are there for Cetaphil Gentle Cleanser?

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2

3

4

5

6

125ml, 250ml, 500ml and 1Litre

Explanation

125ml, 250ml, 500ml and 1Litre

3. Pharmacy buys Cetaphil Gentle Cleanser 125ml at wholesale of $4.48 (ex GST) and sells for $6.89 (ex GST). Calculate %Margin and %Mark up

%Mark up = 35.79%

%Margin = 38.89%

%Mark up = 53.79%

%Margin = 43.98%

%Mark up = 53.97%

%Margin = 34.98%

The %Mark up is calculated by subtracting the cost price from the selling price, dividing the result by the cost price, and then multiplying by 100. In this case, the cost price is $4.48 and the selling price is $6.89. The difference between the selling price and the cost price is $2.41. Dividing $2.41 by $4.48 and multiplying by 100 gives a %Mark up of 53.79%.

The %Margin is calculated by subtracting the cost price from the selling price, dividing the result by the selling price, and then multiplying by 100. In this case, the difference between the selling price and the cost price is $2.41. Dividing $2.41 by $6.89 and multiplying by 100 gives a %Margin of 34.98%.

Explanation

The %Mark up is calculated by subtracting the cost price from the selling price, dividing the result by the cost price, and then multiplying by 100. In this case, the cost price is $4.48 and the selling price is $6.89. The difference between the selling price and the cost price is $2.41. Dividing $2.41 by $4.48 and multiplying by 100 gives a %Mark up of 53.79%.

The %Margin is calculated by subtracting the cost price from the selling price, dividing the result by the selling price, and then multiplying by 100. In this case, the difference between the selling price and the cost price is $2.41. Dividing $2.41 by $6.89 and multiplying by 100 gives a %Margin of 34.98%.

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4. "You cannot teach a person anything, you can only help him to discover it within himself" Galileo Galilei. Italian physicist, mathematician, astronomer and philosopher (1564 - 1642).

True

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5. Place the Profit & Loss/Income Statement items in the correct order from 1 through to 5

1

2

3

4

5

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