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Define cost price and selling price?
define cost and selling price
How do you calculate cost price when selling price and total profit is given?
cost price = selling price - profit
How can you calculate the cost price if 70 percent of selling price?
selling price 2783.40. 70% at cost price the answer is 2141.08
How do you calculate cost price if we know the selling price and profit?
let the cost price =X sell price=cost +profit selling price=x+profit
How do you calculate selling price if you know the profit mark up and cost price?
Cost price * markup + tax = selling price
How does the cost of production and the selling price affect the profit?
As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.As a very rough approximation,Profit = Selling Price - Cost of Production.
Is the fixeds selling cost is fixed cost?
Selling cost which remains fixed and don't have any impact on production level is called fixed cost.
Is Mark-up based on selling price?
Mark-up is setting your selling price a certain % higher than your production cost. So, it's probably more accurate to say that it is based on production cost. For instance, a 10% mark-up would establish a selling price that is 10% higher than your cost of production.
Define cost price and selling price?
define cost and selling price
When the selling price goes up what is the relationship to the quantity supplied?
cost of production goes down
How does the cost of production and the selling price affect proftis?
For each unit sold, a rough approximation isProfit = Selling price minus Cost of production.It is an approximation because it does not take account of taxes, inventories and so on.
How do the find the selling price?
cost price multiply by profit then add the answer to the cost price =selling price
How do you find the selling price?
cost price multiply by profit then add the answer to the cost price =selling price
Why selling and admin price are not included in total production cost?
Selling and administration expenses are not used to produce the units rather these are used to sell or run the day to day activities of business. Production cost is that cost which is used to produce the units only.
How do you calculate cost price when selling price and total profit is given?
cost price = selling price - profit
How can you calculate the cost price if 70 percent of selling price?
selling price 2783.40. 70% at cost price the answer is 2141.08
How do you get a cost price and a markup if you know the selling price and profit?
Selling price less profit equals cost price. The markup is the profit plus cost price.
