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Saturday, June 29, 2024
Exercises in Retail Math 5: Calculation of CP when SP and Margin is given and Vice Versa
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Calculation of CP when SP and Margin% is given. Remember: CP to SP, divide by 1-Margin% You buy an item at 200 Rs with a margin of 40%, wha...
Exercises in Retail Maths 4: Calculating Contribution %
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Example : I sold 35 items of dresses, 20 items of tops and 10 items of bottoms. What is the contribution % of dresses in the total Sales. C...
Exercises in Retail Maths 3: Calculating Average Selling Price
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Example: I have 3 categories of fashion: Dresses, Kurtas and Bottoms. Last day I sold 20 Dresses at an average Selling price of 100 Rs, 10...
Exercises in Retail Maths 2: Quick mental Conversion of Markup% to Margin% and Vice Versa
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We know now the concept of Markup and Margin ( Refer to the Post here) To understand how can we quickly and mentally convert markup% to marg...
Exercises in Retail Maths: Related to Markup and Margin
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1. Problems Related to Markup and Margin Markup and Margin both are the difference between Selling Price and Cost Price eg. A retailer buy...
Saturday, July 1, 2023
How to Analyze Box Plots
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There are two ways that you can analyze box plots. Consider the above plot showing sales of a particular brand per day across all stores o...
What is a Box Plot
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What is a Box Plot A box plot, also known as a box-and-whisker plot, is a graphical representation of the distribution of a dataset. It dis...
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