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.
gross profit
I assume your question is 60 percent profit on 180 selling price. The store cost is x, and the profit is 0.60x; the selling price is 180, then x + .60x = 180 1.6 x = 180 x x = 112.50 = cost .60x = 67.50 = PROFIT
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
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.
The gross profit.
The minimum selling price for a product is the lowest price at which it can be sold to cover the cost of production and make a profit.
Selling price is somethng on which the profit depends so its Selling price - Product price = profit
cost price = selling price - profit
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
let the cost price =X sell price=cost +profit selling price=x+profit
Selling price less profit equals cost price. The markup is the profit plus cost price.
find cost price if selling price =600 and profit=20%
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Margin is the percentage of profit made on a product or service, calculated as the difference between the selling price and the cost of production divided by the selling price. Markup, on the other hand, is the percentage added to the cost of production to determine the selling price. In essence, margin is based on the selling price, while markup is based on the cost of production.
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
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