Gross price-expenses=net price
The gross price would be the price before deductions. The net price is after deductions.
The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml
Gross sales is the money earned from the price of the product itself.....
Projected gross sales are derived by multiplying projected sales qty and price.
Gross price-expenses=net price
gross purchase price
The gross price would be the price before deductions. The net price is after deductions.
The gross price is the basic price. Adjust for any discuont, add any relevant taxes and you get the net price.
The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml
Gross Profit/Selling Price = Gross Margin (7.50 - 2.50)/7.50 = 66.6%
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
gross profit
Selling price = Cost of goods sold + Gross profit percentage on sales
Gross sales is the money earned from the price of the product itself.....
Cost of each pencil is: 9.75/39. Or, .25 each. A gross is 144 items. So, a gross of pencils would cost 36. Of course, a gross is a unit of quantity where there is often a discount from the single unit price. So a gross of pencils may have a price less than 144 times the single unit price.
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