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Cost Price = Selling Price - Profit Profit = Selling price * profit percentage Example: Selling Price = 10 Profit % = 50% Profit = 10*50/100 = 5 Cost price = 10 - 5 Cost Price = 5
Marshall bought 20 refills for a total cost of 50, which means each refill cost him 2.50. If he sold them for 4 each, his total revenue from selling all 20 refills is 80 (20 refills x 4). His profit is calculated as revenue minus cost, which is 80 - 50 = 30. To find the profit percent, divide the profit by the cost and multiply by 100: (30 / 50) x 100 = 60%. Thus, Marshall made a profit of 60%.
Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost.
Saud bought a TV set for Rs.12000. To make a desired profit he needs a 50% markup on selling price. What is his Rs. Markup?
FORMULA: f(n) = n(n+1)/2 + 1f(50) = 50(50+1)/2 + 1 = 50 x 51/2 + 1 = 50 x 25.5 + 1 = 1,275 + 1 = 1,276