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define cost and selling price

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12y ago

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How do you find the selling price?

cost price multiply by profit then add the answer to the cost price =selling price


How do the find the selling price?

cost price multiply by profit then add the answer to the cost price =selling price


How do you calculate cost price when selling price and total profit is given?

cost price = selling price - profit


How can you calculate the cost price if 70 percent of selling price?

selling price 2783.40. 70% at cost price the answer is 2141.08


How do you calculate cost price if we know the selling price and profit?

let the cost price =X sell price=cost +profit selling price=x+profit


How do you get a cost price and a markup if you know the selling price and profit?

Selling price less profit equals cost price. The markup is the profit plus cost price.


How does the cost of production and the selling price affect the profit?

As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.


Work out margin when you know the desired selling price and cost?

Margin = Selling Price - Cost


How do you calculate selling price if you know the profit mark up and cost price?

Cost price * markup + tax = selling price


What's the difference between margin and markup when calculating profits?

Margin is the percentage of profit made on the selling price, while markup is the percentage of profit made on the cost price. Margin is calculated as (Selling Price - Cost Price) / Selling Price, while markup is calculated as (Selling Price - Cost Price) / Cost Price.


How do you calculate gross profit if you know cost and selling price?

Simple!just subtract your cost price from your selling price.


How do you find the percent of markup?

(Selling Price - Cost price)/Selling Price * 100