Gce Model Questions Vol1 2019 Computer Studies Question 49
Practice objective / multiple choice question 49 from the 2019 Gce Model Questions Vol1 Computer Studies examination.
A shop sells three products. The data are: - Product A: 120 units sold, price per unit \(£15\), profit per unit \(£3\). - Product B: 80 units sold, price per unit \(£22\), profit per unit \(£5\). - Product C: 150 units sold, price per unit \(£9\), profit per unit \(£1\). Calculate the overall profit margin defined as \(\frac{\text{total profit}}{\text{total revenue}}\times100\%\). Is the margin greater than \(25\%\)? Answer "Yes" or "No".
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About This Question
This is Gce Model Questions Vol1 2019 Computer Studies Question 49. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Computer Studies examination.
Difficulty level: Medium .
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