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How do you calculate the percentage profit for something that costs five cents and is sold for ten dollars?
AndrewElwood
Profit divided by Price or (10.00 - .05)/10 = 99.5% Thank you for your response!! However, I am beginning to think that I might not have explained it properly. If I purchase something for five cents, and I sell it for ten cents, then I would make 100% profit. If I buy the same item for five cents and re-sell it for $10 dollars, that is a $9.95 profit. My question is, what percentage of profit would I make from that transaction? Logically speaking, it must be somewhere in the thousands, ten thousands, or one hundred thousand percent range. I'm just not good enough at math to figure it out, and It has been driving me absolutely insane for the better part of a year. Thank you in advance for your kind and prompt attention, consideration, and cooperation in this matter. It is greatly appreciated and never taken for granted. In other words - you are looking for the mark-up % which is (9.95/.05) x 100 = 19,900%
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∙ 15y ago
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How do you calculate Selling Price if you know Cost price and Profit percentage?
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
How do you calculate selling price if you know cost and gross profit percentage?
Selling price = Cost of goods sold + Gross profit percentage on sales
How do you calculate cost price when given sell price and profit percentage?
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
How do you calculate the selling price if you know the cost and gross profit percentage?
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
How do you calculate Selling Price if you know the Cost price and gross profit percentage?
Multiply the cost price by the profit margin plus 100%. SP=CP*(1+PP)
I have net profit dollars how do you calculate net profit percntage?
(Net profit/Net Revenue) * 100 = Net Profit Percentage Ex: Net Revenue = 10,000 USD Expenditure = 7500 USD Profit = 2500 USD Profit Percentage = 2500/10000 * 100 = 25%
How do you calculate Selling Price if you know Cost price and Profit percentage?
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Calculate gross margin percentage?
Gross Profit/Net Sales = Gross Profit Margin.
How do you calculate selling price if you know cost and gross profit percentage?
Selling price = Cost of goods sold + Gross profit percentage on sales
How do you calculate a profit margin ratio?
Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue
If the profit was 5800 dollars in one year and 6500 dollars in the next year what is the percentage of profit?
If the profit is 5800 in year one and 6500 in the next year what is the percentage of profit? Does this actually mean "what is the increase in profit from year one to year two"? Otherwise I would need to know more information as to the percentage of profit with regards to: cost, the company average, or the variable that is to be compared, so personally I think the question should be rephrased.
Why does profit occur?
Profit occurs when you sell something for more than it costs to produce. If it costs five dollars to make a deck of cards but you sell it for eight dollars, you have a three-dollar profit.
How do you calculate cost price when given sell price and profit percentage?
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
How do you calculate the selling price if you know the cost and gross profit percentage?
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
How do you calculate Selling Price if you know the Cost price and gross profit percentage?
Multiply the cost price by the profit margin plus 100%. SP=CP*(1+PP)
How do you calculate profit margin percentage?
Your profit margin is your sales price minus your costs. Costs include materials or products, labor cost, taxes and things like water, electricty and gas that are easily forgotten. So suppose you can sell 100 items for 50 dollars, but you need to buy them at 10 dollars, your profit margin could be 40 dollar per product *100 = 4000 dollars, but to sell those 100 products you need to pay a day's wage to your sales clerk, you need to pay for the electricy and the water too. Imagine you're working in an expensive area and it costs 1000 dollars. You're left with a profit of 4000-1000= 3000 dollars.
Should you calculate the profit on cost or Sales?
We should calculate the profit on sales
