Rodrigo is engaged in a buy-and sell business of perfumes. He bought 10 boxes of perfumes. Each box costs 12,000.00 and contains a dozen of perfume bottles. He is planning to sell one perfume bottle at P1,500. What is his expected profit on the 10 boxes of perfumes?
The ultimate goal of any business whether a retail or wholesale is to earn a profit. Getting the difference between the amount of money earned from the selling 10 boxes containing a dozen of perfume bottles and the cost of those 10 boxes gives the profit.
In the example that I gave, answer the following questions: 1. How much does Rodrigo earned profit? 2. Is it good to engage in a business? Yes or No? 3. What do you think of Rodrigo’s business? Is it good for a beginner?
