Last year, each iPad sold had 35% of its selling price contributed to Material Cost, 30% to Distribution Cost and 10% to Market ing Cost which left 25% ti profit from selling price. This year, Apple increased the selling price by 20% and managed to pull Material Cost down to 30% of the new selling price, other things remained tge same.

What is the new Proft percentage?

36,67%

33,93%

33.78%

40%

On average, a gas station supplies 2400 liters of gasoline per day. The current gasoline price is S4 per liter. One gas station in the North supplies gasoline for $4.75 per liter. Assume that it supplies just enough gasoline to break-even, what is the fixed cost of this gas station?

$1,600

$1,800

$2,400

$2,600