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Does profit enter into price

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Anonymous

10y ago
Updated: 8/18/2019

Yes sales price already accounted for the percentage of profit as formula for selling price as follows:

Sales price = Total Cost + Profit margin

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Wiki User

10y ago

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Related Questions

What is the profit?

fomula for profit is Sell price - Cost price= profit


What is the farmula profit?

fomula for profit is Sell price - Cost price= profit


How do you calculate cost price when given sell price and profit percentage?

Cost Price = Selling Price - Profit Profit = Selling price * profit percentage Example: Selling Price = 10 Profit % = 50% Profit = 10*50/100 = 5 Cost price = 10 - 5 Cost Price = 5


If selling price is S and product price is P then what will be the profit?

Selling price is somethng on which the profit depends so its Selling price - Product price = profit


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 do you calculate Selling Price if you know Cost price and Profit percentage?

profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price


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

cost price = selling price - profit


Sell price is 2602.58 cost price is 2090.42 what is the profit?

The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%


How do you find cost price if profit percent and selling price is given?

find cost price if selling price =600 and profit=20%


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.


What is the formula of profit?

Profit = retail price - manufacturing cost