define cost and selling price
cost price = selling price - profit
selling price 2783.40. 70% at cost price the answer is 2141.08
let the cost price =X sell price=cost +profit selling price=x+profit
Cost price * markup + tax = selling price
Simple!just subtract your cost price from your selling price.
cost price multiply by profit then add the answer to the cost price =selling price
cost price multiply by profit then add the answer to the cost price =selling price
cost price = selling price - profit
selling price 2783.40. 70% at cost price the answer is 2141.08
As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.
The formula for gross profit is given by subtracting the cost price from the selling price. It can be expressed as: Gross Profit = Selling Price - Cost Price. This calculation helps determine the amount earned from selling a product after accounting for its cost.
let the cost price =X sell price=cost +profit selling price=x+profit
Selling price less profit equals cost price. The markup is the profit plus cost price.
Margin = Selling Price - Cost
Cost price * markup + tax = selling price
Margin is the percentage of profit made on the selling price, while markup is the percentage of profit made on the cost price. Margin is calculated as (Selling Price - Cost Price) / Selling Price, while markup is calculated as (Selling Price - Cost Price) / Cost Price.
Simple!just subtract your cost price from your selling price.