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

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Cost Price=(100/(100-loss percent))* Selling Price

it the profit on sales price be 20/100 thepercentag ofprofit on cost price is

cost price = selling price - profit

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

Cost price * markup + tax = selling price

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

The selling price would be 17.25 if it cost 15 and the percent of markup is 15.

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

What I do is organize it as follows... Cost Price = 100% Selling Price = 100% + profit percent Then you can fill in the variables and cross multiply, for example if you know the selling price is $27 and the profit percent is 10% then you can fill it in accordingly... Cost Price = 100% $27 = 100 + 10 l l \/ Cost Price = 100% $27 = 110% Then you do ($27 x 100%) / 110 to get $24.55. That means that the Cost price is $24.55

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

you minus it

(selling price - direct cost)/selling price = direct margin

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