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AndyCambs · 11-08-2010, 18:30

Profit should be the difference between cost price and sales price of the items sold.
So you should take into account opening stock, and closing stock.
So an increase in stock, shouldn't make difference to profit.
Personally I thought the girl was evasive with the answer.

11-08-2010, 18:30	#2
AndyCambs cf.mega poster Join Date: Sep 2005 Location: Peterborough Services: Virgin Media XL Broadband XL Virgin Mobile V+ installed! and a happy Virgin Media customer Posts: 2,560	Re: Dragons Den Welly Wedge Profit should be the difference between cost price and sales price of the items sold. So you should take into account opening stock, and closing stock. So an increase in stock, shouldn't make difference to profit. Personally I thought the girl was evasive with the answer.