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

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14y ago

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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


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


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


How do you calculate cost price when selling price and total profit is given?

cost price = selling price - profit


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

Selling Price times (1 - Gross Profit % as a decimal) So, if your selling price is $20 and your gross profit is 30%: 20 x (1 - .3) = 20 x .7 = $14


How do you calculate Selling Price if you know the Cost price and gross profit percentage?

Multiply the cost price by the profit margin plus 100%. SP=CP*(1+PP)


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

let the cost price =X sell price=cost +profit selling price=x+profit


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%


How do you calculate the difference between margin and markup in pricing strategies?

To calculate the difference between margin and markup in pricing strategies, you can use the following formulas: Margin (Selling Price - Cost) / Selling Price Markup (Selling Price - Cost) / Cost Margin represents the percentage of the selling price that is profit, while markup represents the percentage of the cost that is profit. The key difference is that margin is calculated based on the selling price, while markup is calculated based on the cost.


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.


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

100% to start with.