31.35 is 1.14 x original price, so to get the original price you take 31.35 and divide by 1.14 = 27.50.
Check through by taking 27.5 and multiplying by 1.14 = 31.35
cost price = selling price - profit
let the cost price =X sell price=cost +profit selling price=x+profit
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Selling price = Cost of goods sold + Gross profit percentage on sales
it the profit on sales price be 20/100 thepercentag ofprofit on cost price is
cost price = selling price - profit
let the cost price =X sell price=cost +profit selling price=x+profit
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
find cost price if selling price =600 and profit=20%
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Selling price = Cost of goods sold + Gross profit percentage on sales
The first thing which needs to be done in cost accounting is to Calculate the 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
The first thing which needs to be done in cost accounting is to Calculate the selling price.
17203 profit / 2000000 times 100% is 0.86%.
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