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Making a profit from mobile phones


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Making a profit from mobile phones

... Making a profit from mobile phones By Megan O'Sullivan 11sf Task 1: Calculating total sales revenue Sales revenue, turnover or income are all words for the money that comes into your business when you sell a product. Mobile Phone Price list Nokia 3410 £110 Sony Erricsson T300 £199 Sharp GX1 £299 Panasonic GD67 £129 a) On Monday you sell six Nokia 3410s in your shop. Calculate the turnover for this day. The turnover on Monday is £660. b) On Tuesday you sell eight Sony Erricsson T300s. Calculate the sales revenue for this day. The revenue on Tuesday is £1592. c) On Wednesday you sell three Sharp GX1s and four Panasonic GD67s. Calculate your income on this day. On Wednesday the total income was £1413. d) On Thursday you sell the following: Product Quantity sold Nokia 3410 4 Sony Erricsson T300 2 Sharp GX1 1 Panasonic GD67 5 Calculate the total sales revenue for the day. The total sales revenue for the day was £1782 e) On Friday you sell the following: Product Quantity sold Nokia 3410 5 Sony Erricsson T300 4 Sharp GX1 2 Panasonic GD67 4 Calculate the

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