Wiki User
∙ 2013-12-29 02:04:25So it is 105 gain. 105/75,x100 = 140% markup
Wiki User
∙ 2013-12-29 02:04:25I 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
Mark up = 75%implies selling price = 175% of cost 175% = 63 dollars so 100% = 36 dollars.
$35.71
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
20
(Selling Price - Cost price)/Selling Price * 100
selling price 2783.40. 70% at cost price the answer is 2141.08
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
find cost price if selling price =600 and profit=20%
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
1.3 x = $53x = 53/1.3 = $40.77
Mark up = 75%implies selling price = 175% of cost 175% = 63 dollars so 100% = 36 dollars.
Cost Price=(100/(100-loss percent))* Selling Price
14 = 180/100 x cost, so cost = 100/180 x 14 ie 7.78
Mark up is how much money that the store thinks it can make by selling the product. It is the difference between cost and selling price.
What I do is organize it as follows... Cost Price = 100% Selling Price = 100% + profit percent Then you can fill in the variables and cross multiply, for example if you know the selling price is $27 and the profit percent is 10% then you can fill it in accordingly... Cost Price = 100% $27 = 100 + 10 l l \/ Cost Price = 100% $27 = 110% Then you do ($27 x 100%) / 110 to get $24.55. That means that the Cost price is $24.55
$35.71