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Q: How do you calculate markup and markdown price?

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32.40 to 21.50 is a 33.642% markdown.21.50 to 32.40 is a 50.6977% markup.

you minus it

No. The second markdown doesn't apply to the original price. It applies to whatthe price is after the first markdown.25% markdown followed by 15% markdown brings you to 63.75% of the original price ...equivalent to a single markdown of 36.25% .This depends on whether by "another markdown of 15%", you mean15% of the (already marked-down) new price, or15% of the original priceExample:Original Price: $400Single markdown of 40% of $400 gives a final price of $240Original Price: $400Markdown of 25% of $400 ($100) gives a new price of $300Second markdown of 15% of the new price $300 ($45) gives a final price of $255This is not the same as a single markdown of 40%Original Price: $400Markdown of 25% of $400 ($100) gives a new price of $300Second markdown of 15% of the original price $400 ($60) gives a final price of $240This *is* the same as a single markdown of 40%

Discount fluctuates and it has various types like Frequent shopper discount, senior citizen discount, membership discount. Though discount is being given to the customer, Retailer gets cheaper profit always. MarkDown is gradual and it is mostly used to sell the old inventory items and any items which retailer feels occupying the space for long time. MarkDown is more applicable for seasonal items, as the necessity decreases when the season is finished. When retailer sells in MarkDown price, it will be a loss but it helps them to bring in new items where they can get some profit. In Simple layman language, MarkUP price = Purchased price + profit price MarkDown price = Purchased price - loss price

Cost price * markup + tax = selling price

The question is slightly ambiguous, so I'll list the two possibilities:If the original price is 50, and the new price is 50 + a 40% markup, then we can calculate as follows:New price = 50 + 40%= 50 x 1.4= 70If however you meant that the original price is 50 including a 40% markup (eg tax), and you want to calculate the new price with this markup removed, we calculate the answer as:New price +40% = 50New price x 1.4 = 50New price = 50 / 1.4= 34.84= 35 (approx)

For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?

The markdown is 30%

Multiply the original price by 1 plus the decimal equivalent of the markup. Example: $39.95 with a 25% markup = $39.95 x 1.25 = $49.94

The sales price formula is Sale Price=(Normal Price)(Compliment of Markdown)

sale price=(regular price)(complement of markdown)

There is no cost for which a 58% markup would give a price of 130.50.

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