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How do you find out the cost of a item from retail with a 40 percent mark-up?
Wiki User
∙ 15y ago
Multiply the retail amount of the item by 0.2857 for 40% mark up. That number is the mark-up amount. Just subtract that number from retail amount and That is the cost. Learn how to write this equation and the multiplier of 50%, 75% and more at:
www.mathtestingtutor.com
Wiki User
∙ 15y ago
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How do you find the selling price of something if the cost is 5.50 and the percent markup is 75 percent?
Multiply by 1.75
A pair of cuff links which sells for 100.00 has a markup rate of 10 percent on the selling price Find the amount of the markup and the cost?
1o=90
How do you find the markup of 50 percent a 200 dollar suit?
Calculate the marginal cost of producing the suit. In an ideal, competitive world, the marginal cost = price, so this will be our base. Then you simply find 200 - marginal cost and this provides you the markup.
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 find the cost of a item if you know the markup cost 130.50 and the markup percentage 58 percent?
mark-up a percentage of the cost. → mark-up price = cost + cost × percentage = cost × 100% + cost × percentage = cost × (100% + percentage) → cost = mark-up price ÷ (100% + percentage) → cost = 130.50 ÷ (100% + 58%) = 130.50 ÷ 158% = 130.50 ÷ (158/100) = 130.50 × 100/158 ≈ 82.59 (There are rounding errors in this as 82.59 × 158% ≈ 130.49, and 82.60 × 158% ≈ 130.51; 82.59½ × 158% ≈ 130.50.)
How do you find the selling price of something if the cost is 5.50 and the percent markup is 75 percent?
Multiply by 1.75
How do you find the percent of markup?
(Selling Price - Cost price)/Selling Price * 100
A pair of cuff links which sells for 100.00 has a markup rate of 10 percent on the selling price Find the amount of the markup and the cost?
1o=90
How do you find the markup of 50 percent a 200 dollar suit?
Calculate the marginal cost of producing the suit. In an ideal, competitive world, the marginal cost = price, so this will be our base. Then you simply find 200 - marginal cost and this provides you the markup.
What is the retail price for, original price: $64; Markup: 15%?
First we have to find the markup amount, which is the original price times the markup percentage: $64 * 15% This is the same as: $64 * 0.15 = $9.60 Now we add the markup amount to the original price to get the retail price: $64 + $9.60 = $73.60 The retail price is $73.60
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.
How do you find markup?
1. Determine your product/service cost. How much did it cost you? As an example, let's assume the product cost is $1.40.2.Determine the percentage markup you wish to apply. Research your industry to apply a markup that will be competitive. In this example, we will use 30 percent.3. Convert the percentage markup to a decimal. In this case, a 30 percent markup would translate to 0.30 (30 divided by 100).4. Subtract the decimal in STEP 3 from 1. In this example, 1 minus 0.30 equals 0.70.5. Compute the total selling price by taking the cost from STEP 1 and dividing it by the result from STEP 4. In this example, $1.40 is divided by 0.70. The result is $2.00, which should be the total selling price.6. Calculate the price markup by subtracting the product cost from the selling price. In this example, the $2.00 selling price minus the $1.40 product cost gives you a price markup of $0.60.
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 can I find out about a markup calculator?
A markup calculator is used to work out the final retail cost of an item if you know the price it was bought for and the percentage markup (how much profit) you want to make. There are online calculators which can do this automatically for you, or you can just use a normal calculator: for example, if you buy something for 100 and want to make 20% profit, the final price should be 100*1.2 = 120.
How do you find the cost of a item if you know the markup cost 130.50 and the markup percentage 58 percent?
mark-up a percentage of the cost. → mark-up price = cost + cost × percentage = cost × 100% + cost × percentage = cost × (100% + percentage) → cost = mark-up price ÷ (100% + percentage) → cost = 130.50 ÷ (100% + 58%) = 130.50 ÷ 158% = 130.50 ÷ (158/100) = 130.50 × 100/158 ≈ 82.59 (There are rounding errors in this as 82.59 × 158% ≈ 130.49, and 82.60 × 158% ≈ 130.51; 82.59½ × 158% ≈ 130.50.)
Formula for finding profit?
If you know your cost, then you can find the price you must charge by Multiplying the cost by 1 plus the percent of profit you want. In the Example above: Cost = $60 Required Profit = 24% 60 * 1.24 = 74.4 You must charge at least $74.40 to achieve your required profit margin. The formula for markup percentage is (Sell Price - Cost) / Sell Price. Cost = $60 Sell Price = $65 (65 - 60) / 65 = .0769 Markup Percentage is 7.69%
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
