you minus it
Cost price * markup + tax = 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.
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
cost price = selling price - profit
if it is 6.80 dollars markup, selling price would be 1267.25. if 6.8%, it'd be 1346.16
Cost price * markup + tax = 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.
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
Selling price less profit equals cost price. The markup is the profit plus cost price.
cost price = selling price - profit
(Selling Price - Cost price)/Selling Price * 100
'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
if it is 6.80 dollars markup, selling price would be 1267.25. if 6.8%, it'd be 1346.16
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
There is no cost for which a 58% markup would give a price of 130.50.
$4.47
Markup