







30% profit 
20141205 

From Lyn: I would like to know a formula that I would use on a standard calculator to calculate a 30% profit margin on an item.
If I purchased an item at $7.70 how would I calculate 30% profit for me, not just 30% mark up? Answered by Penny Nom. 





Ratios ond percents 
20140813 

From aswathi: if the ratio of cost price and selling price of an article is be as 10:11,the percentage of profit is Answered by Tyler Wood. 





Percent profit: State exam question 
20130312 

From tony: which is the correct way to figure 30% profit?
1)
1000 product
500 labor
50 permit
1550 total cost
1550x1.3=2015
2)
1000 product
500 labor
50 permit
1550 total cost
1.3=.7
1550/.7=2214 Answered by Harley Weston. 





state exam question 
20130312 

From tony: which is the correct way to figure 30% profit?
1)
1000 product
500 labor
50 permit
1550 total cost
1550x1.3=2015
2)
1000 product
500 labor
50 permit
1550 total cost
1.3=.7
1550/.7=2214 Answered by Harley Weston. 





How much did the statue originally cost him? 
20090206 

From Debra: Jim is able to sell a handcarved statue for $670 which was a 35% profit over his cost. How much ded he statue originally cost him? Answered by Penny Nom. 





Profit percentage (markup and margin) 
20071218 

From Laura: If my husband says he sold $11,000 worth of tools and made $1400 on the deal, what is the percent of profit? Answered by Stephen La Rocque. 





How much did it originally cost? 
20070404 

From Megan: My question is simple:
"Jim is able to sell a handcarved statue for $650 which was a 35% profit over his cost. How much did ie originally cost?"
I don't even know where to start could you help? Answered by Penny Nom. 





Profit, markup and discount 
20040222 

From Kick: Using the calculation on your website, if I sell something for $885 and my cost is $296, I make $589 profit. How do I calculate the profit percent I made on that transaction?
Profit as a percentage of what it cost me?
Profit as a percentage of what I sold it for?
Answered by Penny Nom. 

