Q: How do you determine the selling price of a 4500 dollar ring that has a markup of 100 percent?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

$4.47

The selling price would be 17.25 if it cost 15 and the percent of markup is 15.

Selling for double what you paid for it.

50% markup.

3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%

Related questions

$4.47

The selling price would be 17.25 if it cost 15 and the percent of markup is 15.

A markup calculator helps you determine the selling price of a product but you have to know the original cost as well as the percent markup. You can get them online for no expense. I've linked one for you. http://www.pine-grove.com

It is 119.99

Selling for double what you paid for it.

50% markup.

(Selling Price - Cost price)/Selling Price * 100

3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%

Multiply by 1.75

36 percent

50%

1. Determine your product/service cost. How much did it cost you? As an example, let's assume the product cost is $1.40.2.Determine the percentage markup you wish to apply. Research your industry to apply a markup that will be competitive. In this example, we will use 30 percent.3. Convert the percentage markup to a decimal. In this case, a 30 percent markup would translate to 0.30 (30 divided by 100).4. Subtract the decimal in STEP 3 from 1. In this example, 1 minus 0.30 equals 0.70.5. Compute the total selling price by taking the cost from STEP 1 and dividing it by the result from STEP 4. In this example, $1.40 is divided by 0.70. The result is $2.00, which should be the total selling price.6. Calculate the price markup by subtracting the product cost from the selling price. In this example, the $2.00 selling price minus the $1.40 product cost gives you a price markup of $0.60.