Ok guys, it is really painfull to ask, because the question is easy, but I need help anyway:
I need the cost price of a Liter Beer:
1 Liter has the price to costumer 10€
Margin is 200 % in one distribution area and 150% in another distribution area
How do I calculate the cost for a liter Beer out of this?
(I know the answer should be 1.33 - but how do I get there?)
I would work backwards. But first, let's start with simple stuff. If the cost is €1 and the margin is 200%, this means that the sale price is €3 -> cost price x (1 + margin). So working backwards it is (whole)sale price / (1 + margin).
In your case:
€10 / (1 + 200%) = €10 / 3 = €3.33 and from there...
€3.33 / (1 + 150%) = €3.33 / 2.5 = €1.33
(edited)
Hi,
Not sure I understand correctly. First of all, what is "cost price"?
Secondly, Margin cannot be 200%. Simply because the margin is a % of price.
Best,
(edited)
Questions among all tests can be categorized in math, GMAT-style, chart reading and brain teaser questions. Each type needs to be approached differently.
4 Comment(s)Your math skills will be tested in each and every consulting interview. So you better brush up mental math skills to succeed.
4 Comment(s)We explain and give tips on how to understand and analyze graphs, charts and data presented by interviewer to candidates in case interviews.
4 Comment(s)We are an airline major operating out of India. We want to increase the number of passengers on all our flights. Could you please calculate the financial return of adding one more passenger per flight? Open whole case
Your client, REA, is a reinsurance company. REA recently acquired another reinsurance company (approximatively same size): the choice of this company was notably based on its product portfolio as well as its market presence which appeared complement with REA. However, the acquisition is not we ... Open whole case
