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Mathematics, 20.09.2020 04:01 zahraa244
To determine whether a business is making enough profit, the following formula is used:
(image of formula is provided)
where P is relative profit, S is sales and C is costs. If a company has $340 000 worth of sales and $230 000 of costs, correct to 2 significant figures, calculate the maximum and minimum relative profit to the appropriate accuracy.
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To determine whether a business is making enough profit, the following formula is used:
(image of f...
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