SEARCH HOME
 Math Central Quandaries & Queries
 Question from Debbie: If my cost on an item is $32.00 and I want to make a 50% profit- What would the retail be? Debbie, It depends on what you mean by 50% profit. If your profit is 50% of your cost then your profit is 0.50 ×$32.00 = $16.00 so the retail price would be$32.00 + $16.00 =$48.00.

If your profit is 50% of your retail price then your cost is also 50% of your retail price so the retail price is twice the cost or \$64.00.

I hope this helps,
Penny

Math Central is supported by the University of Regina and The Pacific Institute for the Mathematical Sciences.