So it is 105 gain. 105/75,x100 = 140% markup
I assume your question is 60 percent profit on 180 selling price. The store cost is x, and the profit is 0.60x; the selling price is 180, then x + .60x = 180 1.6 x = 180 x x = 112.50 = cost .60x = 67.50 = PROFIT
Mark up = 75%implies selling price = 175% of cost 175% = 63 dollars so 100% = 36 dollars.
$35.71
find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price
20
selling price 2783.40. 70% at cost price the answer is 2141.08
(Selling Price - Cost price)/Selling Price * 100
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
find cost price if selling price =600 and profit=20%
I assume your question is 60 percent profit on 180 selling price. The store cost is x, and the profit is 0.60x; the selling price is 180, then x + .60x = 180 1.6 x = 180 x x = 112.50 = cost .60x = 67.50 = PROFIT
1.3 x = $53x = 53/1.3 = $40.77
Mark up = 75%implies selling price = 175% of cost 175% = 63 dollars so 100% = 36 dollars.
14 = 180/100 x cost, so cost = 100/180 x 14 ie 7.78
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
Cost Price=(100/(100-loss percent))* Selling Price
Mark up is how much money that the store thinks it can make by selling the product. It is the difference between cost and selling price.
it the profit on sales price be 20/100 thepercentag ofprofit on cost price is