Greating to you all fellow steemians, have been in the village for about 5 days now, this is why i was not posting but thank God i am back. I will like to share with you all my daily activities of yesterday on how i managed my business Career. I often go to the village every Saturday to buy food stuff and paddy rice even dry corn and fresh granut since I'm a trader(i do buy and sell). This time around i when down to the Bush market to purchase padder rice. When i finally purchased it i then transform it by hoilding the rice using a rice hoiling machin
hoiling the rice
I had to purchased 10 bags of paddy rice then hoild it, it gave me 20 bags of rice of which i bought one bag for 20000FCFA (equivalent to about 140STEEM current price). In total i bought 10 bags is=20,000 ×10 = 200,000FCFA (1,400 STEEM) which is the total amount of the 10 bags of rice ,
loading my rice
Then when i had hoild the rice it gave me extra 10 bags of rice and rice brown making the total amount of 20 bags of rice and 4 bags of rice brown . After all that, i then took my calculator and calculate if I am making a profit or loss. 1 bag of hoild rice costs 16000 ×20 bags is =3 20000frc ,i then calculated my profit gain
after hoiling
I included my total expenditure because the transportation of 10 bags of rice to the machine caused me 2500FCFA(about 15 STEEM) per 1bag ×10=25000,+20 empty bag for 200frc each is 4000frc +loading
and off-loading also caused me 2500FCFA and my total buying price was 200000FCFA+25000+4000+2500 =231500FCFA (1,700 STEEM)
Okay bringing out my profit will be
My Selling price =3,20000(1,800 STEEM)
Costs price =231500(1250 STEEM)
My Cost price - my selling price + 10,000 for rice brown which is =320000-1231500 + 10,000= 98,500FCFA (565 STEEM)
I am making a positive difference of +98500FCFA which is about 565 STEEM
So my gain was equivalent to 565 STEEM
My rice business is really booming. Please you can contact me if you need rice or even rice brown for your pigs and fowls
Thanks for your time guys.
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Wow you are a business lady.
If I may ask is it ndop rice?
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Yes my dear is thesame rice like ndop rice.But we in lower bafut also cultivate it
I have enough stocked in the house now for sale. So if you are interested you can contact me
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Yes for sure when I will need it
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