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How do you find cost price if profit percent and selling price is given?

find cost price if selling price =600 and profit=20%


How do you find the original price if you only have the sale price?

If you have only the sale price you cannot find the original price. You need to know the discount rate.


How do you find the cost price?

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.


How do you find the discount rate when given the original price and sales price?

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.


How do you find a percent markdown on something?

To find the percent markdown on an item, first determine the original price and the sale price. Subtract the sale price from the original price to find the amount of markdown. Then, divide the markdown amount by the original price and multiply by 100 to get the percentage. The formula is: (Markdown Amount / Original Price) × 100 = Percent Markdown.

Related Questions

What is meaning of original price?

The original price is the price before adding a profit/costs or before deductions.


Mrs Hong will make a profit which is equal to 18% of the original price if she sells the necklace at $4366. What will be her profit (in dollars) if she sells the necklace at $4450?

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.


How do you find cost price if profit percent and selling price is given?

find cost price if selling price =600 and profit=20%


How to find the profit or loss of something?

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


How do you find the original price of what you are paying for?

You check the price tag for the words original price.


How do you find the discount if you have the original price and the sale price?

Discount = Original Price minus Sale price.


How do you find the original price if you only have the sale price?

If you have only the sale price you cannot find the original price. You need to know the discount rate.


How do you find the selling price?

cost price multiply by profit then add the answer to the cost price =selling price


How do the find the selling price?

cost price multiply by profit then add the answer to the cost price =selling price


Find the selling price of an article costing rs.30that was sold at a profit of 15 percent of the cost price?

find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price


How do you find the percentage off of an item given the original and sale price?

original price-sale price. Then original sale price/the answer to the previous.


What is the difference between the selling price and the original cost of an item?

The gross profit.