If the total company owned 1000 in stock and has 50000 on or

If the total company owned $1,000 in stock and has $500.00 on order and store 1 owned $100.00, how much on order does store 1 need if we want their on hand and on order to be 10% of the total company\'s on hand and on order?

Solution

Stock owned by comapny is $ 1,000 /-

On order is $ 500 /-

Total companys on Hand and Order is $ 1,500 /-

Store 1 need is = 10%*(1000+500) = $ 150 /-

On order needs by Store 1 is = 150-Stock owned = 150-100 = $ 50 /-

Answer is $ 50 /-