answersLogoWhite

0


Best Answer

It depends on 120 per cent of what! 120% of marginal cost? total cost? normal selling price?

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If selling price equals 120 percent What is the percentage of his profit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you work out percentage profit?

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%


How do you calculate Selling Price if you know Cost price and Profit percentage?

profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price


How do you calculate selling price if you know cost and gross profit percentage?

Selling price = Cost of goods sold + Gross profit percentage on sales


A book is bought for R50 and sold for R80. What is the percentage profit?

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 on an item a shop gives 25 percent discount. they earn 25 percent profit If they now give 10 percent discount then what is the profit percentage?

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.


How do you calculate cost price when given sell price and profit percentage?

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


What is the profit percentage if the selling price is doubled which makes the profit to triple?

100% to start with.


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.


What is the formula for converting profit percent to profit?

Profit = (profit percentage / 100) x gross income


How do you find cost price if profit percent and selling price is given?

find cost price if selling price =600 and profit=20%


How do you calculate the selling price if you know the cost and gross profit percentage?

Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product


What is your cost price if your selling price is 580 and your gross profit percentage is thirty three and a third percent?

Selling price = cost price + gross profit 580 = cost*(1 + 331/3%) = cost*4/3 So cost = 580*3/4 = 435