14.28%
Lets say each toy costs $10. Then, 7 toys (cost $70) were sold for $80. Profit = $10. Profit percentage = ($10/$70)*100 = 14.28%
Selling price = Cost of goods sold + Gross profit percentage on sales
The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%
It is a 33.33% profit
profit/cost=profit margin (192-160)/160= .2 = 20%
$44. Solve by dividing $55 by 1.25.
Selling price = Cost of goods sold + Gross profit percentage on sales
Profit Formula Selling Price - Cost Price Profit Percentage Formula Profit Percentage = Profit/Cost Price*100 Selling Price80-Cost Price50=Profit30 30/50*100%=60%
The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
The gross profit percentage is calculated by finding the difference between the selling price and the cost price, dividing it by the cost price, and then multiplying by 100%. In this case, the gross profit is 2.20 - 1.65 = 0.55. Dividing this by the cost price of 1.65 gives 0.3333. Multiplying by 100% gives a gross profit percentage of 33.33%.
It is a 33.33% profit
profit/cost=profit margin (192-160)/160= .2 = 20%
If the sale price is $5.50dh and the ad cost is $3.25dh, the profit margin cannot be determined. The cost to produce whatever is being sold is still a factor in determining profit margin. Sales price less all costs equals the profit margin.
$44. Solve by dividing $55 by 1.25.
When we speak of margin we are referring to the fact that we are comparing the profit as a fraction of net sales (Turnover). It is usually referred to as the gross profit margin and one must not confuse this with gross profit mark-up which is expressing gross profit as a percentage of the cost price of goods sold. Naturally the average is the result that we achieve when we compare the gross profit for one year with the Turnover of the same year and express it as a percentage.
Calculating gross margin is done by taking the price of the good being sold and taking away the cost of the goods being sold. This, however, is normally given as a percentage so it is the Price of the good minus the cost of the goods, divide this by the price of the goods and then multiply by 100 to get the percentage margin.
Jared sold the stock for a price of 225 + A. Profit is the difference between the cost (buying the stock) and the revenue (selling the stock). So, if you add A to the cost of 225, you'll get the selling price.