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Markups and discounts 
20060121 

From Dan: I'm trying to increase my pricing by 30 percent. I'm doing something completely wrong. If my price is $150.00 and I increase the price by 30 percent. I would take 150 times .30 and that equals 45. I would then take 45 plus 150 and that would give me 195. My problem is now 195 is my list price. If I turn around and give my customer a 30 percent discount off the 195 the price ends up being 136.50. Which is less than the 150 that I started with. I'm confusing myself and have totally lost confidence in what I'm doing and how . Can you help me? Answered by Penny Nom. 


