It depends on 120 per cent of what! 120% of marginal cost? total cost? normal selling price?
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Selling price = Cost of goods sold + Gross profit percentage on sales
If a shop gives a 10 percent discount, the profit percentage will be less than 25 percent, as the discount reduces the overall selling price of the item. The actual profit percentage would depend on the cost price and the new selling price after the discount is applied.
Cost Price = Selling Price - Profit Profit = Selling price * profit percentage Example: Selling Price = 10 Profit % = 50% Profit = 10*50/100 = 5 Cost price = 10 - 5 Cost Price = 5
100% to start with.
Basically, percent profit is: (selling price - cost) / cost = decimal equivalent of percent profit Ex. If selling price was 4 dollars, and the cost was only 2 dollar, the percent profit is: ( 4 - 2 ) / 2 = 2/2 = 1.0 To convert the resulting decimal equivalent of the percent to an indicated percentage then multiply the value (here 1.0) by 100, or move the decimal point two places rightward. 1.0 = 100% The percentage profit was 100%
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Selling price = Cost of goods sold + Gross profit percentage on sales
Profit Formula Selling Price - Cost Price Profit Percentage Formula Profit Percentage = Profit/Cost Price*100 Selling Price80-Cost Price50=Profit30 30/50*100%=60%
If a shop gives a 10 percent discount, the profit percentage will be less than 25 percent, as the discount reduces the overall selling price of the item. The actual profit percentage would depend on the cost price and the new selling price after the discount is applied.
Cost Price = Selling Price - Profit Profit = Selling price * profit percentage Example: Selling Price = 10 Profit % = 50% Profit = 10*50/100 = 5 Cost price = 10 - 5 Cost Price = 5
100% to start with.
Selling price less profit equals cost price. The markup is the profit plus cost price.
Profit = (profit percentage / 100) x gross income
find cost price if selling price =600 and profit=20%
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
Selling price = cost price + gross profit 580 = cost*(1 + 331/3%) = cost*4/3 So cost = 580*3/4 = 435