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What is the difference between the selling price and the original cost of an item?
The gross profit.
What is the equivalent markup based on cost of a water fountain that is marked up 84 percent based on the selling price?
150
Difference between the original price and the sale price?
Discount
What is selling price minus cost price all divided by selling price?
gross profit
How do you calculate marked price price if sale price and percent discount is given?
Suppose percent discount is D. Then Marked Price = Sale Price/(1-D/100)
What is the definition of profit and loss in mathematics?
Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.
What is the difference between the selling price and sold price?
You could offer a customer a discount on selling price therefore the price they buy the goods for (sold price) would be less than the selling price
What is profit and loss in mathematics?
Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) → ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) → Loss
What is the difference between the purchase price and the selling price when an investor buys a stock and sells it later at a higher price is this a yield finance related?
buying price is bid, selling price is ask, difference is spread, profit is income or capital gain
Is mark up based on selling price or cost?
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 is the difference between the selling price and the original cost of an item?
The gross profit.
What is the difference between a mark up and a margin?
A markup is what percentage of the cost price you add on to arrive at the selling price. Margin, on the other hand, is the percentage of the final selling price that is profit.
Find selling price when -discount 10 and marked price 1000?
1000 - 10% = 900
Jared bought one share stock for 225 and made a A profit what was the selling price?
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.
How does gross profit margin increase?
Increase in the price at which you SELL the good if the cost price at which you BOUGHT/PRODUCED the good remains the same or Decreased Cost Price with a Stable Selling Price. Basically anything that would result in the difference between the Selling Price and Cost Price increasing favourably.
What is the gross margin percentage for a basketball if a store buys it for 2.50 and the retail price is marked 10.00 And the selling price is 7.50?
Gross Profit/Selling Price = Gross Margin (7.50 - 2.50)/7.50 = 66.6%
Is the shop breaking any law by not selling at the advertised price?
No but as a customer you can demand whatever price is marked on a good. It's your right.
