answersLogoWhite

0

To cover the lost profitd you would have otherwise realized had you not incurred a loss to your product.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

If I know the selling price and the margin I want to achieve what formula is used to calculate the price I need to buy the goods at?

Margin = (Selling Price - Cost) / Selling Price


What is the selling price of dairy milk i selling price to consumers ii selling price to retailer iii selling price to wholesaler?

selling price to whole seller.


What is the selling price?

The selling price is the price that people get their food on sale


How do you calculate cost from markup on selling price?

To calculate cost from markup on selling price, you first need to understand the relationship between cost, markup, and selling price. The formula for selling price (SP) with markup is SP = Cost + Markup. If you know the markup percentage, you can express it as a fraction of the selling price: Markup = SP × Markup Percentage. Rearranging the formula gives you Cost = SP - (SP × Markup Percentage), allowing you to calculate the cost based on the selling price and the markup percentage.


Define cost price and selling price?

define cost and selling price


If selling price is S and product price is P then what will be the profit?

Selling price is somethng on which the profit depends so its Selling price - Product price = profit


How do you find the percent of markup?

(Selling Price - Cost price)/Selling Price * 100


How do you find the selling price?

cost price multiply by profit then add the answer to the cost price =selling price


How do the find the selling price?

cost price multiply by profit then add the answer to the cost price =selling price


Selling price of a 1996 Saturn?

Selling price of a 1996 Saturn?


How do you calculate Average selling price?

how to calculate average selling price


How do you calculate cost price when selling price and total profit is given?

cost price = selling price - profit