Thursday, October 20, 2011

Calculating simple list price

A wholesaler wants to establish a list price for an item so that his selling price gives a trade discount of 10% for the list price. If he makes a mark up of 20% of this selling price and if his cost is $160 what list price should be established. 

Selling price = list price - list price * 10%

Cost = 160

Also selling price = 160 + 160 * 20%
SP = 192

So we can solve the first eq:

Sp = Lp - Lp * 10/100

Sp = Lp ( 1 - 1/10)

192 = Lp ( 9/10)

Lp = 1920/9 = 213.333

Tuesday, October 4, 2011

Best Porsche Ad ever ..

The ad shows how Porsche has taken over the imagination of it's fans ever since they have lead their eyes on it. The ad ignites a sense of desire and aspiration that can only be fullfilled by dreaming about the car, wanting it and actually having it.
Amazing car and amazing ad.




Tuesday, August 30, 2011

Eid Mubarak to everybody

Eid is a special occassion meant to portray happiness and salutations towards other humans beings and completion of blessings from The Lord.

Everybody is welcome to share this feeling with everybody.

Happy Eid.

Friday, August 26, 2011

The End of Poverty - Must Watch

Global poverty did not just happen. It began with military conquest, slavery and colonization that resulted in the seizure of land, minerals and forced labor. Today, the problem persists because of unfair debt, trade and tax policies — in other words, wealthy countries taking advantage of poor, developing countries. Renowned actor and activist, Martin Sheen, narrates THE END OF POVERTY?, a feature-length documentary directed by award-winning director, Philippe Diaz, which explains how today's financial crisis is a direct consequence of these unchallenged policies that have lasted centuries. Consider that 20% of the planet's population uses 80% of its resources and consumes 30% more than the planet can regenerate. At this rate, to maintain our lifestyle means more and more people will sink below the poverty line. Filmed in the slums of Africa and the barrios of Latin America, THE END OF POVERTY? features expert insights from: Nobel prize winners in Economics, Amartya Sen and Joseph Stiglitz; acclaimed authors Susan George, Eric Toussaint, John Perkins, Chalmers Johnson; university professors William Easterly and Michael Watts; government ministers such as Bolivia's Vice President Alvaro Garcia Linera and the leaders of social movements in Brazil, Venezuela, Kenya and Tanzania. It is produced by Cinema Libre Studio in collaboration with the Robert Schalkenbach Foundation. Can we really end poverty within our current economic system? Think again.

Tuesday, August 9, 2011

Estoy estudiando espaƱol

I'm trying to learn some spanish using the Rosetta Stone software. It's pretty good and interactive. Software helps you learn the language very easily and it does not at all feel like work (trabajo).

It's going to help me in work and probably in other situations as well.

Monday, August 1, 2011

Strings: Mera Bichra Yaar

I like this song. Video is alright. I don't know what they're trying to show in the video. But anyway.