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profit margin

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Profit margin 2013-05-06
From Arron:
I have the retail price of $45.50. This price reflects a gross profit margin of 47%. How do I calculate the original cost of the item?
Answered by Penny Nom.
I want to make a 50% profit 2010-10-29
From Debbie:
If my cost on an item is $32.00 and I want to make a 50% profit- What would the retail be?
Answered by Penny Nom.
Profit margin 2009-05-26
From andreya:
what is the profit margin of a business that spends $200 in order to make $1000
Answered by Penny Nom.
Profit percentage (markup and margin) 2007-12-18
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.
Profit margin 2006-11-22
From Kris:
I just started a new sales position and need to calculate profit margins based on my cost of a given product. For example I have a piece of equipment that costs me $102,077.73. I need to figure a profit margin of 18% from cost to arrive at my sale price. What is the best way to do this?
Answered by Penny Nom.
Profit margin 2006-11-04
From Beverly:
Our costs to make a product is $73.00. We want to sell this product and make a 30 percent profit margin. What is the selling price? What is the simple formula to follow? Is there a chart we can go to that shows us these percentage of profit breakdowns
Answered by Penny Nom.
Selling Price using Profit Margin 2006-10-29
From Chris:
What is the selling price of my inventory, find using the profit margin? Inventory A costs $2,300. The profit margin is 55% Inventory B cost is $4,500. The profit margin is 210%.
Answered by Penny Nom.
Markup, profit and margin 2003-11-24
From Ali:
I have question regarding Margins, Markups and Profit Purchase price = $ 10.00
Margin or Markup ?? = 40 %
Therefore Selling Price = 10/0.6 = $ 16.67
Profit ? = (16.67-10)/10 *100 = 66.67%
or is the profit = (16.67-10)/16.67*100 = 40 %
Can you please clarify What is Margin, Markup and Profit

Answered by Penny Nom.
Profit margin 2003-09-03
From Chet:

My salesman calculates a customers profit margin by dividing what the customer paid by what he sells for, then subtracting that answer from 1. For example a customer sells a product for $15. He bought it for $10. 15/10=.66 Subtract that from 1 and get a profit % of 33%

Here's my question: If I want to figure what a reseller will sell a product for if he wants 40% margin(by the technique above), what formula do I use? Let's say I want to sell a product for 8.50, and I want the reseller to make 40%


Answered by Penny Nom.
 
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