Where do the numbers from the calculation come from?

Question

I am very confused with the math solution for the revenue for Madrid. Employee costs are 8% or revenue , marketing costs 2% of revenue and variable costs are 30% of revenue. Where do the 6%, 1% and 33% from the solution come from? And also the rent is 5€ per m2 per store and not 50€ like in the solution, isnt' it?

Or am I missing something?

Answer 1

Hi there!

Some days ago another person posted a question regarding those numbers too. It seems that it is indeed a flaw in the math session, as these numbers are nowhere stated.

Best,

Mari

Answer 2

Hey there,

This definitely looks like an error in the solution. As a % of revenues,

Employee costs should be 8%
Marketing costs should be 2%
Other variable costs should be 30%

The 6%, 1% and 33% do seem to come quite erroneously abruptly

All the best

Answer 3

Hi there,

I would be happy to share my thoughts on your question:

You seem to be right about the mistakes that have been made, and they don't seem to be the only ones. I hope they will be fixed soon.

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Best,

Hagen

Answer 4

Most likely a problem with the case that needs to be corrected.