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Buying price is 5.25 and selling price is 6.00 so what is profit percentage?
Wiki User
∙ 14y ago
Approximately 14.3%
To get the percentage profit per item (ignoring overhead such as rent, taxes, salary, etc--none of which are provided in the question), you divide the amount of profit, 6.00-5.25=0.75 by the cost (in this case the price you bought for to get:
percent profit=0.75/5.25=1/7, or about 0.143=14.3%
Wiki User
∙ 14y 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 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 selling price if you know cost and gross profit percentage?
Selling price = Cost of goods sold + Gross profit percentage on sales
What does profit mean in math terms?
profit = selling price - (cost of buying + overheads)
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 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
What is the formula for finding profit margin?
% P = P/BP *100 % - percentage P - profit P/BP - fraction BP - buying price * 100 - times one houndred (you have to be given the buying price and the selling price to work out the percentage profit) REMEMBER TO CANCEL DOWN THE FRACTION!!!
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 selling price if you know cost and gross profit percentage?
Selling price = Cost of goods sold + Gross profit percentage on sales
A book is bought for R50 and sold for R80. What is the percentage profit?
Profit Formula Selling Price - Cost Price Profit Percentage Formula Profit Percentage = Profit/Cost Price*100 Selling Price80-Cost Price50=Profit30 30/50*100%=60%
What does profit mean in math terms?
profit = selling price - (cost of buying + overheads)
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
What is the profit percentage if the selling price is doubled which makes the profit to triple?
100% to start with.
Does profit enter into price?
Yes sales price already accounted for the percentage of profit as formula for selling price as follows: Sales price = Total Cost + Profit margin
Is profit or loss percentage calculated on Cost price or selling price?
Of course on cost price. J
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.
How do you calculate cost if you know the Selling price and gross profit percentage?
Selling Price times (1 - Gross Profit % as a decimal) So, if your selling price is $20 and your gross profit is 30%: 20 x (1 - .3) = 20 x .7 = $14
