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Re: 50k Giveaway, ENTER HERE by mickum(m): 7:20pm On Apr 06, 2023
My answer is #3,118,536 remaining balance.
Re: 50k Giveaway, ENTER HERE by Nobody: 7:21pm On Apr 06, 2023
-181,464k cool

Seyiemaths
Re: 50k Giveaway, ENTER HERE by mickum(m): 7:24pm On Apr 06, 2023
=#3,118,536 Answer
Re: 50k Giveaway, ENTER HERE by Jheypeel(m): 7:26pm On Apr 06, 2023
It's hard to calculate what's left since each product was sold at 10% and there isn't proof you bought the same product for 3 million
Re: 50k Giveaway, ENTER HERE by kingtinnie(m): 7:34pm On Apr 06, 2023
Jheypeel:
It's hard to calculate what's left since each product was sold at 10% and there isn't proof you bought the same product for 3 million

That’s what I asked too but he said the answer is there for me to see , so I did the calculations based on a 10% profit on 3million took out expenses and he said I was wrong so I don’t know what the op wants actually
Re: 50k Giveaway, ENTER HERE by Seyiemath(m): 8:10pm On Apr 06, 2023
Everybody is getting it wrong
Re: 50k Giveaway, ENTER HERE by kingtinnie(m): 8:13pm On Apr 06, 2023
Seyiemath:
Everybody is getting it wrong

Kindly tell us the answer then sir
Re: 50k Giveaway, ENTER HERE by Seyiemath(m): 8:14pm On Apr 06, 2023
kingtinnie:


Kindly tell us the answer then sir

Then nobody will win the 50k
Re: 50k Giveaway, ENTER HERE by grafixlord(m): 8:15pm On Apr 06, 2023
Seyiemath:
I have 50k to Give away for any one who is smart enough. Since google is simply accessible, I will make it a lil bit tricky.


QUESTION.

If I buy goods worth 3million naira from mr. Suen and resale each product at 10 percent in profit and I pay my rent worth 150,900k. Settle home groceries at 30,564k. HOW MUCH WILL HAVE IN MY BANK ACCOUNT?


First to get it correctly wins 50k
3,119,436
Re: 50k Giveaway, ENTER HERE by kingtinnie(m): 8:16pm On Apr 06, 2023
Seyiemath:


Then nobody will win the 50k


Everyone seems to have lost interest .. but I’m interested in the answer and how you got it
Re: 50k Giveaway, ENTER HERE by Temiel(m): 8:17pm On Apr 06, 2023
Your answer is #118,536.
Re: 50k Giveaway, ENTER HERE by grafixlord(m): 8:19pm On Apr 06, 2023
Seyiemath:


Then nobody will win the 50k
The answer is 3,119,436
Re: 50k Giveaway, ENTER HERE by NaijaCuzin: 8:24pm On Apr 06, 2023
Seyiemath:
I have 50k to Give away for any one who is smart enough. Since google is simply accessible, I will make it a lil bit tricky.


QUESTION.

If I buy goods worth 3million naira from mr. Suen and resale each product at 10 percent in profit and I pay my rent worth 150,900k. Settle home groceries at 30,564k. HOW MUCH WILL HAVE IN MY BANK ACCOUNT?


First to get it correctly wins 50k
each product?

3,000,000+300,000 = 3,330,000

3,300,000-150,900k = 3,149,000

3,149,000 -30,564

Bank account= 3,118,536.00
Re: 50k Giveaway, ENTER HERE by Julianaa: 8:27pm On Apr 06, 2023
Total revenue = Selling price - Cost price
Selling price = 1.1 x Cost price (i.e. 10% profit)

Cost price = 3 million naira
Selling price = 1.1 x 3 million naira = 3.3 million naira
Total revenue = 3.3 million naira - 3 million naira = 300,000 naira

Expenses = Rent + Home groceries = 150,900 naira + 30,564 naira = 181,464 naira

Final balance = Total revenue - Expenses = 300,000 naira - 181,464 naira = 118,536 naira

Therefore, you will have 118,536 naira in your bank account.
Re: 50k Giveaway, ENTER HERE by mickum(m): 8:29pm On Apr 06, 2023
Who won?
Re: 50k Giveaway, ENTER HERE by shawante(m): 8:33pm On Apr 06, 2023
Your balance would be 329,818,536naira.
Re: 50k Giveaway, ENTER HERE by Christian16: 10:26pm On Apr 06, 2023
3,418,536
Re: 50k Giveaway, ENTER HERE by Christian16: 10:29pm On Apr 06, 2023
To calculate how much you will have in your bank account after buying goods worth 3 million naira from Mr. Suen, reselling each product at a 10% profit, and paying your rent and groceries, we need to make some assumptions about the cost of goods, the number of products you bought, and the exact profit you earned.

For the purposes of this calculation, let's assume that you bought 1,000 products from Mr. Suen at an average cost of 3,000 naira per product, for a total cost of 3 million naira. Let's also assume that you resold each product at an average price of 3,300 naira, for a 10% profit of 300 naira per product.

Your total revenue from selling all 1,000 products would be:

1,000 x 3,300 = 3,300,000 naira

Your total profit would be:

1,000 x 300 = 300,000 naira

After paying your rent of 150,900 naira and home groceries of 30,564 naira, your total expenses would be:

150,900 + 30,564 = 181,464 naira

To calculate how much you would have in your bank account, we need to subtract your expenses from your revenue and profit:

3,300,000 + 300,000 - 181,464 = 3,418,536 naira

Therefore, you would have 3,418,536 naira in your bank account after buying goods worth 3 million naira from Mr. Suen, reselling each product at a 10% profit, and paying your rent and groceries.
Re: 50k Giveaway, ENTER HERE by princeemma69: 10:47pm On Apr 06, 2023
Seyiemath:
I have 50k to Give away for any one who is smart enough. Since google is simply accessible, I will make it a lil bit tricky.


QUESTION.

If I buy goods worth 3million naira from mr. Suen and resale each product at 10 percent in profit and I pay my rent worth 150,900k. Settle home groceries at 30,564k. HOW MUCH WILL HAVE IN MY BANK ACCOUNT?


First to get it correctly wins 50k
Your bank account balance will remain unchanged; as same as it was before you bought the goods from Suen since you did not mention that you deposit the money in your bank account.
Re: 50k Giveaway, ENTER HERE by Nobody: 11:18pm On Apr 06, 2023
I don't need the 50k but let me try, i love math and logic questions.

First, mathematically, your question is wrong. What is 150,900k and 30,564k? Simply put it 150.9k and 30.564k or 150,900 and 30,564 without the "k".

Second, contextually, you didn't state how much was in your acct before and also whether you deposited the money into your account.

I will give multiple answers based on the different scenario because your question no clear.

1. PAID FOR THE GOODS, 10% profit, 150,900 rent, 30,564 groceries. Your balance will be 3,118,536 + available bank balance before.
and if you didn't deposit it, your balance remain unchanged.

2. Bought GOODS on credit. Your balance will be 118,536 + available balance before. And assuming you wan pay back.
Re: 50k Giveaway, ENTER HERE by Zee0007: 4:28am On Apr 07, 2023
It all boils down to the word IF.

The IF statement is a logical, conditional expression that examines a condition.

A conditional statement is a statement that can be written in the form “If L then M,” where L and M are sentences. For this type of conditional statement, L the hypothesis and M is the conclusion.

There are four cases to consider:

L is true and M is true.
L is false and M is true.
L is true and M is false.
L is false and M is false


Having explained the above let now use the knowledge to address the question before us.

Let;
If I buy goods worth 3million naira from mr. Represent L while resale each product at 10 percent in profit represent M.
L →M

Also, I
Re: 50k Giveaway, ENTER HERE by shawante(m): 8:33am On Apr 07, 2023
shawante:
Your balance would be 329,818,536naira.
@seyiemath did i get it??
Re: 50k Giveaway, ENTER HERE by Seyiemath(m): 9:06am On Apr 07, 2023
shawante:

@seyiemath did i get it??




Wrong sir
Re: 50k Giveaway, ENTER HERE by shawante(m): 11:58am On Apr 07, 2023
Seyiemath:





Wrong sir
Then maybe you should rephrase your question cuz there's something definitely wrong with it.
Otherwise my answer should be correct.
Re: 50k Giveaway, ENTER HERE by Nobody: 12:03pm On Apr 07, 2023
shawante:

Then maybe you should rephrase your question cuz there's something definitely wrong with it.
Otherwise my answer should be correct.
the question don confuse op self
Re: 50k Giveaway, ENTER HERE by HellVictorinho6(m): 12:22pm On Apr 07, 2023
Seyiemath:




The answer is right in front of you
3,118,536k
Re: 50k Giveaway, ENTER HERE by Nobody: 12:40pm On Apr 07, 2023
Check my latest quiz
Re: 50k Giveaway, ENTER HERE by linon: 1:24pm On Apr 07, 2023
you have nothing in your bank account
Re: 50k Giveaway, ENTER HERE by Jesterinjay: 1:28pm On Apr 07, 2023
29,818,536 or 32,818,536
Re: 50k Giveaway, ENTER HERE by shawante(m): 2:44pm On Apr 07, 2023
MaDaRa01:
the question don confuse op self
I dey tell you bro.. Either the question no dey correct or him dey use us catch cruise, otherwise person suppose don get am by now.
Re: 50k Giveaway, ENTER HERE by Seyiemath(m): 2:48pm On Apr 07, 2023
shawante:

I dey tell you bro.. Either the question no dey correct or him dey use us catch cruise, otherwise person suppose don get am by now.


Lol calm down
Re: 50k Giveaway, ENTER HERE by Seyiemath(m): 2:49pm On Apr 07, 2023
Jesterinjay:
29,818,536 or 32,818,536



Wrong

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