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Earn +20 ptsQ: How do you determine the selling price and mark up of a merchandise?
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How do you calculate selling price if you know the profit mark up and cost price?
Cost price * markup + tax = selling price
What is a reduction from the original selling price?
mark down
What is the peso mark up if buying price is 50.00 and the selling price is 75.00?
The mark up is 75.00 - 50.00 = 25.00
How do you find out the cost of a item from retail with a 100 percent mark-up?
A 100% mark up doubles the selling price.
How do you calculate selling price if you know cost price and profit percentage.?
If you know the trade price, and the the mark-up (profit) - simply multiply the trade price by the percent mark-up plus 1. Using your example - you have a phone which you bought at 1500 trade, and you want 50% profit, then the selling price is 1.5 x 1500 which is 2250.
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