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
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.
Cost price * markup + tax = selling price
Simple!just subtract your cost price from your selling price.