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by Sunsilver on 08 December 2009 - 04:12
He made 50% profit on the first horse: 50% of $200 is $100. That's so simple, I don't even need to write it out or use a calculator. 50% of 100 is 50, so 50% of 200 is 100! So he paid $100 for the horse originally, for a net gain of $100.
Likewise, for the second horse, a 50% loss would mean he paid $400 for the horse.
100 + 400 = 500, which was his original cost for the two horses.
He sold them for $400, which means he lost $100 on the deal.
by MaggieMae on 08 December 2009 - 05:12
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THIS OUGHT TO MAKE ALL YOU GRANDPAS FEEL WARM & FUZZY. . . .
A six year old goes to the hospital with her grandmother to visit her Grandpa.
When they get to the hospital, she runs ahead of her Grandma and bursts into her Grandpa's room . . .
"Grandpa, Grandpa," she says excitedly, "As soon as Grandma comes into the room, make a noise like a frog!"
"What?" said her Grandpa.
"Make a noise like a frog --- because Grandma said that as soon as you croak, we're all going to Disneyland"
Kinda brings a tear to your eye don't it.
by Red Sable on 08 December 2009 - 11:12
by Ibrahim on 08 December 2009 - 18:12
The profit is a percentage from the cost.
Not a percentage from the sale price.
When we say I made a profit of 20% in a project, means from the cost.
Say the cost is a 100, the profit is 20
The sale price is 120, the profit is 20% = (USD 20) not (24)
In construction, when we make a tender for a project we calculate the cost first, then multiply by a profit margin (15-20%) and submit the tender.
Ibrahim
by Ibrahim on 08 December 2009 - 18:12
How can I provide here a short movie (can be see with windows media player)?
by Kaffirdog on 08 December 2009 - 18:12
I think you have to put it on youtube or photobucket and post the link.
Margaret N-J
ps Do you reckon we can keep this thread going a little longer, I've still got 2 evenings of boredom to get through before things return to normal.
by Ibrahim on 08 December 2009 - 18:12
by Ibrahim on 08 December 2009 - 18:12
When the policeman arrived, she took him to the window and told him look and see by yourself, he looked and turned to her and said "he must have taken his shirt off, it is only his chest that is naked". The woman said " I am no lair, stand on that chair and look again"
by Ibrahim on 08 December 2009 - 18:12
A person from Jordan is Jordanian.
A yound man after finishing school got a scholarship to study engineering in California. So took the airoplane from Amman to California, when it was time to serve lunch, the stewardess came and asked him "Are you vegetarian", the young man immediately anwered her in pride "NO, I am Jor dan ian"
by Ibrahim on 08 December 2009 - 18:12
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