find cost price if selling price =600 and profit=20%
If you have only the sale price you cannot find the original price. You need to know the discount rate.
To find the cost price, you need to determine the total expenses incurred to acquire an item, which includes the purchase price, shipping costs, taxes, and any additional fees. If you have the selling price and the profit margin, you can also calculate the cost price using the formula: Cost Price = Selling Price - Profit. If you need to find it based on a percentage, you can rearrange the profit formula accordingly.
To find the discount rate, subtract the sales price from the original price to determine the discount amount. Then, divide the discount amount by the original price. Finally, multiply the result by 100 to convert it into a percentage. The formula can be summarized as: Discount Rate (%) = [(Original Price - Sales Price) / Original Price] × 100.
It will make a profit of -95.
The original price is the price before adding a profit/costs or before deductions.
If Mrs. Hong makes a profit equal to 18% of the original price when selling the necklace at $4366, we can use this information to find the original price and then calculate the profit at $4450. Let � P be the original price of the necklace. The profit when selling at $4366 is given by 0.18 × � 0.18×P. Now, we can set up an equation: � 0.18 × � = 4366 P+0.18×P=4366 Combining like terms: 1.18 × � = 4366 1.18×P=4366 Now, solve for � P: � = 4366 1.18 P= 1.18 4366 � ≈ 3703.39 P≈3703.39 Now that we know the original price ( � P), we can calculate the profit when selling at $4450: Profit at $ 4450 = Selling Price − Original Price Profit at $4450=Selling Price−Original Price Profit at $ 4450 = 4450 − 3703.39 Profit at $4450=4450−3703.39 Profit at $ 4450 ≈ 746.61 Profit at $4450≈746.61 Therefore, if Mrs. Hong sells the necklace at $4450, her profit would be approximately $746.61.
find cost price if selling price =600 and profit=20%
to find the profit you have to subtract the selling price from the cost price formula :- SP - CP = P to find the loss you have to subtract the cost price from the selling price formula :- CP - SP = L
You check the price tag for the words original price.
Discount = Original Price minus Sale price.
If you have only the sale price you cannot find the original price. You need to know the discount rate.
cost price multiply by profit then add the answer to the cost price =selling price
cost price multiply by profit then add the answer to the cost price =selling price
original price-sale price. Then original sale price/the answer to the previous.
The gross profit.
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price