The answer depends on what information you have about profits per units sold, or on the costs and revenues per unit.
cost price = selling price - profit
let the cost price =X sell price=cost +profit selling price=x+profit
To calculate the profit made from selling the bicycle, subtract the purchase price from the selling price. The profit is ( 24000 - 18000 = 6000 ). Therefore, the profit made on the bicycle is 6000.
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
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
The best way to find the profit maximizing level of to calculate it using the profit maximizing formula. To calculate it you need to know margins and how long it takes you to do each task.
how to calculate profit maximizing water level under quadratic cost function
because the Price is Right
cost price = selling price - profit
let the cost price =X sell price=cost +profit selling price=x+profit
Let the demand facing a firm for its product be expressed by the following functions Q=25-0.5P Where Q=quantity and P=price, and cost function as C=25-2Q+4Q2 Compute a) Profit maximizing output, b) Justify profit maximizing output
To calculate the profit made from selling the bicycle, subtract the purchase price from the selling price. The profit is ( 24000 - 18000 = 6000 ). Therefore, the profit made on the bicycle is 6000.
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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
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
To find the original price from profit, you need to know the profit amount and the selling price. The formula is: Original Price = Selling Price - Profit. If you also know the profit margin (percentage of the selling price that is profit), you can use the formula: Original Price = Selling Price / (1 + Profit Margin). This allows you to calculate the original price based on the profit earned.
it the profit on sales price be 20/100 thepercentag ofprofit on cost price is