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Earn +20 ptsQ: How can you calculate the cost price if 70 percent of selling price?
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How do you calculate cost price when given sell price and loss percentage?
Cost Price=(100/(100-loss percent))* Selling Price
How do you calculate cost price when selling price and total profit is given?
cost price = selling price - profit
How do you calculate cost price if we know the selling price and profit percent?
What I do is organize it as follows... Cost Price = 100% Selling Price = 100% + profit percent Then you can fill in the variables and cross multiply, for example if you know the selling price is $27 and the profit percent is 10% then you can fill it in accordingly... Cost Price = 100% $27 = 100 + 10 l l \/ Cost Price = 100% $27 = 110% Then you do ($27 x 100%) / 110 to get $24.55. That means that the Cost price is $24.55
How do you calculate selling price if you know the profit mark up and cost price?
Cost price * markup + tax = selling price
How do you calculate gross profit if you know cost and selling price?
Simple!just subtract your cost price from your selling price.
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