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Tag Archives: Retail Mathematics
Mathematics of Earning Money
Image Source: http://www.moneyedup.com It would be great if money just fell out of the sky like rain whenever we needed it; but unfortunately this is not the case! Most people have to get jobs and earn money. People work, (or … Continue reading
Posted in Math in the Real World, Percentages
Tagged business mathematics, calculate commission, calculate pay, calculate piece rates, calculating earnings, calculating overtime, calculating wages and overtime, earning commission, earning money math, earnings math, financial mathematics, how to earn money, income math, maths of income, maths of jobs, piece rate, piece rate math, Retail Mathematics, salary calculation, wages math
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Applied Percents – Discounts
Image Source: http://1.bp.blogspot.com In our previous lesson we looked at how Retailers place “Mark Ups” on items so that they can make a Profit on the sale. It is important that you have viewed this lesson before doing the contents … Continue reading
Posted in Math in the Real World, Percentages
Tagged calculate discounts, calculate percentage discount, calculate percentage loss, cost price, discount, discount mathematics, financial math, financial mathematics, loss, marked price, math of selling, math of spending money, maths of buying, maths of selling, Retail Mathematics
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Cost Price Mark Up and Profit
Image Source: http://www.floridatoday.com In the next couple of lessons we are looking at the Mathematics of Retail Businesses. This will involve using Buying Selling and Discounting Formulas. This includes the retailer getting goods to sell, and applying a price increase … Continue reading
Posted in Percentages
Tagged calculating proft, cost price, financial math, financial mathematics, mark up, marked price, math of selling, math of spending money, mathematics of profit, maths of buying, maths of selling, pecentage profit, percentage profit based on cost price, percentage profit based on sale price, percentage profit based on selling price, profit, Retail Mathematics
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