Topic: selling price list of topics
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15 items are filed under this topic.

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	Margin with commission as part of selling price		2019-02-13
		From Anni: I need to find selling price to put us at 24% margin. 15% commission is based on selling price and is included in our cost. I'm trying to do it excel and keep getting a circular reference. Total cost= cost + commission (15% of selling price) Selling price=total cost + 24% margin Answered by Penny Nom.
	Selling price and markup		2017-04-24
		From Julie: What would the cost of an item be, if the sell price was $50 and the markup 48% Answered by Penny Nom.
	What is our cost?		2015-01-27
		From Johanna: I have a pieces of 3/4" sch40 (round tube) 240" long at $70. What is our cost. We also add 35% to our cost for selling price. How do I figure this out? Answered by Penny Nom.
	What was the selling price?		2014-04-25
		From Con: Apple built 40 32GB wifi iPads, gave away two in a contest, and sold the rest at two times the manufacturing price. If the company's total profit was $10,782, what is the selling price of one of these iPads? Answered by Penny Nom.
	Determine the selling price		2014-03-08
		From augustine: knowing an auctioneer charges a 7% fee and I know I want $74,400 what is the formula to determine selling price. Answered by Penny Nom.
	Your profit should be 20% of your cost		2013-02-21
		From anis: if the customer says your profit should be 20% of your cost.. 1) my selling value should be cost +20% of cost = SP or 2)cost / 0.80 = SP which is correct...if the second answer is right how should i justify my customer Answered by Penny Nom.
	What was the cost price of the article?		2011-11-10
		From tashana: By selling an article for $320,the profit was 20% of the cost price.what was the cost price of the article. Answered by Penny Nom.
	Selling price, cost and profit		2010-06-22
		From Alex: The profit on a certain television set is 16.5% of the cost price. If the profit is $330, Find: a) the cost price b)the selling price of the television Answered by Penny Nom.
	Calculating markup		2009-02-03
		From Tonya: I'm trying to figure out the formula for the following, I have a product that I want to receive a certain profit, but with this product I also have to pay a percentage of commission to someone. I need to know how to calculate my new selling price taking into account the markup percentage, but I don't want my cut to be lowered. I have calculated the markup percentage to get my new selling price with the commission, but it lowers my cut once I pay the commission and I don't want it to do that. Thanks Answered by Penny Nom.
	The selling price		2008-09-04
		From Robert: Client wants to sell his property providing he is left with 100000.00$ net. How do I calculate selling price if commission is 6% and taxes on the commission 6% Fed and 7.5%prov. I'm taking the real estate class and this one really got me. Answered by Penny Nom.
	Calculating a price based on markup		2008-06-03
		From Sheldon: I know the most common form for retail businesses of calculating a price based on markup is: Cost/(1 - Markup), but how is this supposed to work for a business that desires a markup of over 100%. Answered by Harley Weston.
	Selling price		2008-05-10
		From Roxane: I'm trying to figure out the formula for the following, I have a product that I want to receive a certain profit margin, but with this product I also have to pay a percentage of commission to someone. I need to know how to calculate my new selling price taking into account the markup percentage, but I don't want my gross margin to be lowered. I have calculated the markup percentage to get my new selling price with the commission, but it lowers my profit margin once I pay the commission and I don't want it to do that. Answered by Penny Nom.
	Actural cost, selling price and commission		2008-02-21
		From LiSa: I have a question about a few things if anyone can answer... ex. actual cost (AC) = $1000 selling price (SP) = $ amount earned for company (C) = 15% of... selling price? commission 1 (C1) = 2.5% commission 2 (C2) = 2.5% How would you calculate how much the company's commission amount would be as well as the amounts for the other 2 that get 2.5%? And what would the selling price be? (the 15% $ + 2.5% $ + 2.5% $ ?) Is the 2.5% taken from the original amount? I am soooo confused! If anyone could help, that would be great! Answered by Harley Weston.
	Twenty dining tables		2007-08-13
		From priya: Utkarsh bought 20 dining tables for Rs 120000 and sold these at a profit equal to the S.P of 4 dining tables.Find the S.P of one dining table.(give the answer in statements) Answered by Stephen La Rocque.
	A house's selling price		2002-11-05
		From Tanisha: a CERTAIN REAL-ESTATE AGENT RECEIVES $6 FOR EVERY $100 OF A HOUSE'S SELLING PRICE. HOW MUCH WAS A HOUSE SOLD FOR IF THE AGENT $10,725._ Answered by Penny Nom.

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