Discuss the below:
Q1: The store policy is that items not sold in one month are reduced 10% in price. Product X costs you $30.00 when you purchase 50. During the first month you sell 20 units of product X at $50.00; the remaining 30 are sold in the second month. What is total profit obtained from the 50 units of product X.
Q2: Based on the following monthly price and volume data, which price yields the highest percentage profit for product X if product X costs you $1.00 per unit?
Q3: At the beginning of the week the bank account balance was $9,821.40 and during the week the following transactions were made. What should be the balance be at the end of the week?
Attachment:- Managerial.rar