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Q: How do you calculate cost price when the selling price and markup is given?
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How do you calculate selling price if you know the profit mark up and cost price?

Cost price * markup + tax = selling price


What is the correct formula when markup is based on selling price?

The correct formula when markup is based on the selling price is selling price is equal to the markup plus the cost. This enables traders make profits.


How can you calculate the selling price if you know the original price and the amount of markups?

Multiply the original price by 1 plus the decimal equivalent of the markup. Example: $39.95 with a 25% markup = $39.95 x 1.25 = $49.94


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 cost price when selling price and total profit is given?

cost price = selling price - profit


How do you find the percent of markup?

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


How do you find out selling price of a product if gain percentage is given by?

'Gain percentage' is usually called markup. Cost x (1 + markup percentage/100) = selling price. Ex: a book cost $20 wholesale. The store markup is 25%. Fine the selling price. SP = 20 x (1 + 25/100) = 20 x (1.25) = $25


What is the selling price if the cost is1260.45 and markup is 6.80?

if it is 6.80 dollars markup, selling price would be 1267.25. if 6.8%, it'd be 1346.16


What is the selling price if it cost 15 and the percent of markup is 15?

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


How do you find the cost and the selling price if you know the markup price 130.50 and the markup percentage 58?

There is no cost for which a 58% markup would give a price of 130.50.


If the selling price is 18.00 snd the markup is 33 percent what is the dollar markup?

$4.47


What is selling price minus cost?

Markup