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How do you determine the selling price and mark up of a merchandise?
Wiki User
∙ 13y ago
Sounds like someone is cheating on their school work assignment. Shame on you. Shortcuts never pay off in the end.
Wiki User
∙ 13y ago
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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 a reduction from the original selling price?
mark down
What is the peso mark up if buying price is 50.00 and the selling price is 75.00?
The mark up is 75.00 - 50.00 = 25.00
How do you find out the cost of a item from retail with a 100 percent mark-up?
A 100% mark up doubles the selling price.
How do you calculate selling price if you know cost price and profit percentage.?
If you know the trade price, and the the mark-up (profit) - simply multiply the trade price by the percent mark-up plus 1. Using your example - you have a phone which you bought at 1500 trade, and you want 50% profit, then the selling price is 1.5 x 1500 which is 2250.
How do you calculate selling price if you know the profit mark up and cost price?
Cost price * markup + tax = selling price
Is mark up based on selling price or cost?
Mark up is how much money that the store thinks it can make by selling the product. It is the difference between cost and selling price.
Why is the selling price after mark up greater than selling price after discount?
A markup increases the price; a discount decreases it.
What is a reduction from the original selling price?
mark down
What is the peso mark up if buying price is 50.00 and the selling price is 75.00?
The mark up is 75.00 - 50.00 = 25.00
A mark up of 25 percent on cost is equivalent to what mark up on selling price?
20
Is Mark-up based on selling price?
Mark-up is setting your selling price a certain % higher than your production cost. So, it's probably more accurate to say that it is based on production cost. For instance, a 10% mark-up would establish a selling price that is 10% higher than your cost of production.
What was the original selling price of a 1994 Lincoln Mark VIII?
$38,876
What is the difference between a mark up and a margin?
A markup is what percentage of the cost price you add on to arrive at the selling price. Margin, on the other hand, is the percentage of the final selling price that is profit.
How do you find out the cost of a item from retail with a 100 percent mark-up?
A 100% mark up doubles the selling price.
How do you calculate selling price if you know cost price and profit percentage.?
If you know the trade price, and the the mark-up (profit) - simply multiply the trade price by the percent mark-up plus 1. Using your example - you have a phone which you bought at 1500 trade, and you want 50% profit, then the selling price is 1.5 x 1500 which is 2250.
What are the prices charged by golf equipment manufacturers to golf professional retailers?
Depends what manufacturer you are talking about. Some clubs have high mark ups and some low mark ups. I have seen drivers with a trade price of 2/3 selling price and hybrids and wedges with a trade price of 1/2 selling price.
