U r wrong..thw reason that you understood him over ur teacher...is bcuz now, u wanted to learn but in class...u just tried...think about it and you'll see it...i also thought that my teacher cant teach..but now i see y....😌
This is great for school, but in bysiness, make sure you consider the costs of doing business when considering your mark up. Even your mindset have to be adjusted to this reality. Selling price should include things like shipping, rental, salary... for the profit to make sense. This is the village tactic I use. Don't buy at 10 and sell at 20 and think you have made 10 profit. Net profit 📈 👌🏽 should be your friend.
Sir thankyou veru much my exams is tomorrow i was running shirt on time but then i found your video and you explained everything in short time thanks very much
This helped me so much! I had completely forgotten how to do this and I left my notes at school. I would’ve been lost without your video, again, thanks so much!
Bare in mind diff product in diff industry have a diff profit margin. 1sy you have to know the compentative price in the market. Then look what addtional / minus value your product offer to customer. Its more complex than you think
Hello! I know that this vid is 2 years ago but can you make an vid of how to take selling price and your allowance? For bakery?😊 Ty! And how did you get your marketing price
please solve this equation..chocolate cake and normal cake. Each unit of chocolate cake requires 9 units of raw material A and 2 units of raw material B. Each unit of normal cake requires 12 units of raw material A and 6 units of raw material B. Each type of cake requires a raw material C. The company has 720 units of raw material A, 300 units of raw material B and 75 units of raw material C. Respective profit from chocolate cake is Birr 45 and normal cake is Birr 70. a) Develop linear programing problem b) Write the problem in standard form c) Solve the problem using simplex method
Help me out here... it appears as if it cost you more to make the product than you actually made back from it... Or am I seeing this all wrong? Would not food cost divided by target food cost percentage yield a higher pay out? Honestly trying to learn. Thanks
He explane it better than my teacher
Thanks for your time
Agr percentage na di ho tou phir like this entry .......
What will be entry ...
Goods sold on2000 cash for costing...?
Costing 300
so true i am with u
U r wrong..thw reason that you understood him over ur teacher...is bcuz now, u wanted to learn but in class...u just tried...think about it and you'll see it...i also thought that my teacher cant teach..but now i see y....😌
We can simply do that in one step. 20% mark up means we are selling at 120% of cost price. Just multiply 800 x 120% = 960
your formula is much more easier his formula is complicated thanks
😂😂😂😂😂 u are the best
Can I ask where did you get the 120%?
Cost price is 800
Mark up price 20%
Then 800+20%= 960
If CP + Mark up % = Answer
40+25%=50
@@chandramohanKammari You are the GOAT! I was struggling with this because I am at home sick doing HW and don't know wtf I am doing.
Thanks for making it so simple; I’ve always have had trouble with math.
This was very helpful because I'm trying to start a business so this helps alot,still got alot of research to do but this helps
I love you bro for explaining it very thoroughly 😊 i fail my teacher in front of you because you explained very better than my teacher❤
Thanks !! This is a huge help for us student who's teacher doesn't help us
you explain better than my teacher! But i have a question is the 100 is constant? when u divide your mark-up percentage?
% means 100 so any thing with % on it is marked over 100
Eg.20%=20/100
Thank you so much! I was having trouble with my teachers formula but this is way easier
Use calculator just add cost price and mark up%. automatically the total is selling price
Example: 800+20%= 960
These smart indian guys always save my life 😍
This is great for school, but in bysiness, make sure you consider the costs of doing business when considering your mark up.
Even your mindset have to be adjusted to this reality.
Selling price should include things like shipping, rental, salary... for the profit to make sense.
This is the village tactic I use.
Don't buy at 10 and sell at 20 and think you have made 10 profit.
Net profit 📈 👌🏽 should be your friend.
fax
Sir thankyou veru much my exams is tomorrow i was running shirt on time but then i found your video and you explained everything in short time thanks very much
No 1 teacher in the world
Your method is simple and straight forward
This helped me so much! I had completely forgotten how to do this and I left my notes at school. I would’ve been lost without your video, again, thanks so much!
Execpt that was wrong, the correct numbers would be 1000
Oh well 🤷♀️ still ended up with an A in math so no harm done there
You explained the concept very well
Simple & best way ....... Appreciate
Thank you soooooo much you don't understand how much I was struggling
WOW understand better than my teacher 😁
Thank you teacher 😃
thanks a lot now i undrestand this formular tomorrow is me economic exam kno i am ready for the exam
Based on what to specify the mark up % ?
Thanks you explain it better than my teacher 😉 thanks to you!
Totally thank you! Takes me back to college . This was great!
Thank you at last i can do it! So easily explained and such a calm voice. thank you
Glad it helped!
What is a mark up ?
Thank you so much, you really made this easy for me to understand
Your welcome 😊
Damn the explanation is so easy! He explain it better than my teacher.😳❤️
i thought is hard but it's now easy cause, you explain better
wow you made it so easy thank you!
Your explanation is best
Your a big help man i didnt understand it at first but now i do bc of u
so cost price as items are the costs of materials or services you wished to sell with added percentage/mark-up? am I getting that right?
Thank you for making it more simpler for us
thank u sir for clearly teaching
Tysm...u saved my day
Best teacher
He explain better than my teacher also
Thank you so much sir !
If I don't have a selling price and markup %, is it ok to assume any markup percentage?
Thank you Sam , so much , it was good the way you calculated a Selling Price.
Bare in mind diff product in diff industry have a diff profit margin. 1sy you have to know the compentative price in the market. Then look what addtional / minus value your product offer to customer. Its more complex than you think
Bros voice is so soothing
Thank you for your help🙏🏽
Thanks for helping me out with this calculation ❤
hi, thank you Sir
good explanation
omg thank you ive been stressing on this my whole life gracias merci 👏👏👏👏👏
bro saved me 8 mins before my exam
Hello
Thank you. Concise and easy to understand.
Sir you are great
This lesson is very good
This is useful. Thank you
Best teacher❤
Thank you bro massive W
Hey man thanks alot for the Help and keep doing your thing
Hello! I know that this vid is 2 years ago but can you make an vid of how to take selling price and your allowance? For bakery?😊 Ty! And how did you get your marketing price
What’s the formula to covert from markdown to markup
Example- if my markdown margin is 33% what will be markup margin ?
fell asleep when teach was teaching, this helps alot.
Thank you so much 😊
hi ! this is how you calculate the selling price if GST is included, right ?
This guy is saving my SKIN LOOOOL
Thank u so much for making it so simple 😊
Thank you so much!!! this helped me allot!
Great teacher 😊
please solve this equation..chocolate cake and normal cake. Each unit of chocolate cake requires 9 units of raw material A and 2 units of raw material B. Each unit of normal cake requires 12 units of raw material A and 6 units of raw material B. Each type of cake requires a raw material C. The company has 720 units of raw material A, 300 units of raw material B and 75 units of raw material C. Respective profit from chocolate cake is Birr 45 and normal cake is Birr 70.
a) Develop linear programing problem
b) Write the problem in standard form
c) Solve the problem using simplex method
Really helped
Thanks
Best teacher ❤
Thank you for keeping this simple 😊
Thanks a lot sir this formula its very helful.
Selling price = Item cost/(1-markup price)
Thats the formula right sir?
Very good explanation, Sir. This elped me to understand where to get the Markup value.
New subscriber here
Thank you Sam
Well thank you for watching
Congratulations you got a new subscriber and a like.
Thanku so much..sir
This really helped
very easy to understand
When school doesn't teach practical stuff so you have to watch RUclips videos
This was helpful, thank you ❤
Thank you so much, Sir.
You can just cancel the 0 from 180 and 20, so it becomes 2 and 18 then multiply it to get 16 then add the cancelled 0.
The answer is 160
Thanks a lot for this information 👌👌but how to get markup %?
So helpful thank you ❤
Hi brother, how to use this formula in baking, can you make a video and give an example thank you very much
Well explained
Very useful, the way you explained slowly and showed the calculations is very useful.👍👍👍👍
hi. we can calculate the selling price in one step 800*(1+ 20/100)
Thank you this was helpful
Better than my teacher
Help me out here... it appears as if it cost you more to make the product than you actually made back from it... Or am I seeing this all wrong? Would not food cost divided by target food cost percentage yield a higher pay out? Honestly trying to learn. Thanks
When I do these I just move the decimal 2 places to change from percent multiple by cost the add the mark up
Thank you so much.
Sir agar 80 percent markup on selling price. It then marks the item down to 50percent.purchase item is 50 Rs. Calculate final price?
Very clear explanation. I use someka product price calculator template to determine the ideal price of a product. Thank you for the video:)
thanks man for explaining it. keep doing what you doing
What is markup the percentage of profit gain or loss gain ?
Thank You so much😊
Thank you!!!!!!!
Thanks !
If its on discount
Subtract 20 by 100 = 80
Turn 80 into decimal
.80 multiplied by 800 = 640
thanks really helped
Where did the percentage of mark up come from? Pls help
exactly lol
I watch this about once a month for the last few years.