How to Find Selling Price - Easy Trick - With Cost Price and Markup

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  • Опубликовано: 27 ноя 2024

Комментарии • 385

  • @elvahawker7111
    @elvahawker7111 3 года назад +373

    He explane it better than my teacher

    • @samtube12
      @samtube12  3 года назад +36

      Thanks for your time

    • @MuhammadAli-sx5ud
      @MuhammadAli-sx5ud 3 года назад +2

      Agr percentage na di ho tou phir like this entry .......
      What will be entry ...
      Goods sold on2000 cash for costing...?

    • @MuhammadAli-sx5ud
      @MuhammadAli-sx5ud 3 года назад +2

      Costing 300

    • @chantellotsile8682
      @chantellotsile8682 3 года назад +1

      so true i am with u

    • @mohibqureshi391
      @mohibqureshi391 3 года назад +14

      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....😌

  • @kashanj.2712
    @kashanj.2712 3 года назад +139

    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

    • @User-evoxyz-911
      @User-evoxyz-911 2 года назад +13

      your formula is much more easier his formula is complicated thanks

    • @asefuseyoum2969
      @asefuseyoum2969 2 года назад +5

      😂😂😂😂😂 u are the best

    • @zashkim931
      @zashkim931 2 года назад +6

      Can I ask where did you get the 120%?

    • @chandramohanKammari
      @chandramohanKammari 2 года назад +23

      Cost price is 800
      Mark up price 20%
      Then 800+20%= 960
      If CP + Mark up % = Answer
      40+25%=50

    • @MidnightThunderKid
      @MidnightThunderKid Год назад +2

      ​@@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.

  • @TheAcrenshaw
    @TheAcrenshaw 2 года назад +54

    Thanks for making it so simple; I’ve always have had trouble with math.

  • @CreativeMynd86
    @CreativeMynd86 2 года назад +22

    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

  • @Dani-v8t9i
    @Dani-v8t9i 7 месяцев назад +1

    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❤

  • @jijyverdan4297
    @jijyverdan4297 2 года назад +7

    Thanks !! This is a huge help for us student who's teacher doesn't help us

  • @Mr.Axolotl14
    @Mr.Axolotl14 2 года назад +9

    you explain better than my teacher! But i have a question is the 100 is constant? when u divide your mark-up percentage?

    • @unknow_jae
      @unknow_jae Год назад +4

      % means 100 so any thing with % on it is marked over 100
      Eg.20%=20/100

  • @eliasj.519
    @eliasj.519 2 года назад +28

    Thank you so much! I was having trouble with my teachers formula but this is way easier

    • @ebotgwapo4362
      @ebotgwapo4362 10 месяцев назад

      Use calculator just add cost price and mark up%. automatically the total is selling price
      Example: 800+20%= 960

  • @lifediary3770
    @lifediary3770 2 года назад +2

    These smart indian guys always save my life 😍

  • @MalawiPage
    @MalawiPage 2 года назад +5

    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.

  • @avikverma2931
    @avikverma2931 7 месяцев назад

    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

  • @scarylordgamer5469
    @scarylordgamer5469 2 года назад +1

    No 1 teacher in the world

  • @nelvilane9063
    @nelvilane9063 2 года назад +1

    Your method is simple and straight forward

  • @RandomPerson-ug8vu
    @RandomPerson-ug8vu Год назад +5

    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!

    • @TheSkylark16
      @TheSkylark16 10 месяцев назад

      Execpt that was wrong, the correct numbers would be 1000

    • @RandomPerson-ug8vu
      @RandomPerson-ug8vu 6 месяцев назад

      Oh well 🤷‍♀️ still ended up with an A in math so no harm done there

  • @janemesajon158
    @janemesajon158 2 года назад +3

    You explained the concept very well

  • @rohitkandiyal4126
    @rohitkandiyal4126 2 года назад +1

    Simple & best way ....... Appreciate

  • @lilink9695
    @lilink9695 2 года назад +1

    Thank you soooooo much you don't understand how much I was struggling

  • @therealfamily1500
    @therealfamily1500 2 года назад +1

    WOW understand better than my teacher 😁

  • @komalkashish1956
    @komalkashish1956 2 года назад +5

    Thank you teacher 😃

  • @sirajpatel474
    @sirajpatel474 2 года назад

    thanks a lot now i undrestand this formular tomorrow is me economic exam kno i am ready for the exam

  • @anonje
    @anonje 2 года назад +6

    Based on what to specify the mark up % ?

  • @hope.92649
    @hope.92649 Год назад

    Thanks you explain it better than my teacher 😉 thanks to you!

  • @brendam5380
    @brendam5380 11 месяцев назад

    Totally thank you! Takes me back to college . This was great!

  • @gaylemohamed4219
    @gaylemohamed4219 3 года назад +12

    Thank you at last i can do it! So easily explained and such a calm voice. thank you

  • @br0wnskinsheila250
    @br0wnskinsheila250 2 года назад +2

    Thank you so much, you really made this easy for me to understand

  • @azielly4700
    @azielly4700 3 года назад +9

    Damn the explanation is so easy! He explain it better than my teacher.😳❤️

  • @Sonicxs360
    @Sonicxs360 Год назад

    i thought is hard but it's now easy cause, you explain better

  • @alphymathew1410
    @alphymathew1410 2 года назад +2

    wow you made it so easy thank you!

  • @gurmeetsingh1137
    @gurmeetsingh1137 2 года назад

    Your explanation is best

  • @aamirparker5451
    @aamirparker5451 2 года назад

    Your a big help man i didnt understand it at first but now i do bc of u

  • @barrickfischer
    @barrickfischer Год назад

    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?

  • @godwinkanlee2157
    @godwinkanlee2157 8 месяцев назад

    Thank you for making it more simpler for us

  • @gladyscalibara159
    @gladyscalibara159 2 года назад +1

    thank u sir for clearly teaching

  • @temjenlongkumer723
    @temjenlongkumer723 2 года назад +1

    Tysm...u saved my day

  • @piwilepe2940
    @piwilepe2940 2 года назад +1

    Best teacher

  • @shilpakadam7384
    @shilpakadam7384 2 года назад +1

    He explain better than my teacher also

  • @sapnadevi9063
    @sapnadevi9063 2 года назад +2

    Thank you so much sir !

  • @dorisezerie
    @dorisezerie 2 года назад +2

    If I don't have a selling price and markup %, is it ok to assume any markup percentage?

  • @kinyamwiraria2207
    @kinyamwiraria2207 Год назад

    Thank you Sam , so much , it was good the way you calculated a Selling Price.

  • @srykextraodinairecreation9962
    @srykextraodinairecreation9962 4 месяца назад

    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

  • @Rmarmurray
    @Rmarmurray Год назад

    Bros voice is so soothing

  • @vickypham5849
    @vickypham5849 2 года назад +2

    Thank you for your help🙏🏽

  • @AnnishaJulius
    @AnnishaJulius 8 месяцев назад

    Thanks for helping me out with this calculation ❤

  • @sooriyavarman
    @sooriyavarman 2 года назад +1

    hi, thank you Sir
    good explanation

  • @kezia.a347
    @kezia.a347 3 года назад +6

    omg thank you ive been stressing on this my whole life gracias merci 👏👏👏👏👏

  • @minghao9456
    @minghao9456 2 года назад +4

    bro saved me 8 mins before my exam

  • @rheadaniels4961
    @rheadaniels4961 2 года назад +6

    Thank you. Concise and easy to understand.

  • @scarylordgamer5469
    @scarylordgamer5469 2 года назад +1

    Sir you are great

  • @MarkGilClaros
    @MarkGilClaros 10 месяцев назад

    This lesson is very good

  • @CrissaCabantog
    @CrissaCabantog 2 года назад +1

    This is useful. Thank you

  • @Becauseimhappy386
    @Becauseimhappy386 Год назад

    Best teacher❤

  • @onea_xw
    @onea_xw 2 года назад +1

    Thank you bro massive W

  • @FYM2Owethu
    @FYM2Owethu Год назад

    Hey man thanks alot for the Help and keep doing your thing

  • @Itsjust_ana
    @Itsjust_ana Год назад

    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

  • @vinaysagarr8041
    @vinaysagarr8041 2 года назад +3

    What’s the formula to covert from markdown to markup
    Example- if my markdown margin is 33% what will be markup margin ?

  • @r3d._.p4nda
    @r3d._.p4nda Год назад

    fell asleep when teach was teaching, this helps alot.

  • @siyakunenel3701
    @siyakunenel3701 Год назад +1

    Thank you so much 😊

  • @cliodona
    @cliodona Год назад

    hi ! this is how you calculate the selling price if GST is included, right ?

  • @dfworld731
    @dfworld731 24 дня назад

    This guy is saving my SKIN LOOOOL

  • @LetlotloKasienyane
    @LetlotloKasienyane 9 месяцев назад

    Thank u so much for making it so simple 😊

  • @ProAFK69
    @ProAFK69 Год назад

    Thank you so much!!! this helped me allot!

  • @AndiswaNgcobo-q4o
    @AndiswaNgcobo-q4o Год назад

    Great teacher 😊

  • @metsortube3278
    @metsortube3278 2 года назад +1

    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

  • @nasreendesai953
    @nasreendesai953 2 года назад +2

    Really helped

  • @surbirchettri1104
    @surbirchettri1104 3 года назад +5

    Best teacher ❤

  • @danielleamory5428
    @danielleamory5428 Месяц назад

    Thank you for keeping this simple 😊

  • @justinsandagon6538
    @justinsandagon6538 7 месяцев назад

    Thanks a lot sir this formula its very helful.

  • @391biswamoyroy7
    @391biswamoyroy7 2 года назад +1

    Selling price = Item cost/(1-markup price)
    Thats the formula right sir?

  • @2ndChance54
    @2ndChance54 2 года назад +5

    Very good explanation, Sir. This elped me to understand where to get the Markup value.
    New subscriber here

  • @rararedroses2147
    @rararedroses2147 2 года назад +1

    Thank you Sam

    • @samtube12
      @samtube12  2 года назад

      Well thank you for watching

  • @Gaminggiant-mf4cr
    @Gaminggiant-mf4cr 2 года назад

    Congratulations you got a new subscriber and a like.

  • @nandkishoryadav4529
    @nandkishoryadav4529 Год назад

    Thanku so much..sir

  • @NicoleHarry-hu1mn
    @NicoleHarry-hu1mn 7 месяцев назад

    This really helped

  • @songhaah1557
    @songhaah1557 7 месяцев назад

    very easy to understand

  • @lexlex5555
    @lexlex5555 2 года назад +3

    When school doesn't teach practical stuff so you have to watch RUclips videos

  • @sugar4494
    @sugar4494 6 месяцев назад

    This was helpful, thank you ❤

  • @jigs.89
    @jigs.89 Год назад

    Thank you so much, Sir.

  • @matttejada7381
    @matttejada7381 2 года назад +3

    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

  • @Syamthembu5
    @Syamthembu5 4 месяца назад

    Thanks a lot for this information 👌👌but how to get markup %?

  • @ZinhleGabela-r4v
    @ZinhleGabela-r4v 3 месяца назад

    So helpful thank you ❤

  • @mouradamouche5379
    @mouradamouche5379 26 дней назад

    Hi brother, how to use this formula in baking, can you make a video and give an example thank you very much

  • @munawerkhamkar139
    @munawerkhamkar139 Год назад

    Well explained

  • @koimillaalfred4329
    @koimillaalfred4329 Год назад +1

    Very useful, the way you explained slowly and showed the calculations is very useful.👍👍👍👍

  • @collegemathematics6698
    @collegemathematics6698 Год назад

    hi. we can calculate the selling price in one step 800*(1+ 20/100)

  • @kick7132
    @kick7132 4 месяца назад

    Thank you this was helpful

  • @Slik_Gabriel
    @Slik_Gabriel Год назад

    Better than my teacher

  • @PappaBear-u1r
    @PappaBear-u1r Год назад

    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

  • @alonzoalston5620
    @alonzoalston5620 Год назад

    When I do these I just move the decimal 2 places to change from percent multiple by cost the add the mark up

  • @Jainub
    @Jainub 10 месяцев назад

    Thank you so much.

  • @MaimoonaZulfiqar-j4d
    @MaimoonaZulfiqar-j4d Год назад

    Sir agar 80 percent markup on selling price. It then marks the item down to 50percent.purchase item is 50 Rs. Calculate final price?

  • @davehansel9715
    @davehansel9715 Год назад

    Very clear explanation. I use someka product price calculator template to determine the ideal price of a product. Thank you for the video:)

  • @wakeendollie382
    @wakeendollie382 3 года назад +7

    thanks man for explaining it. keep doing what you doing

  • @noneofyourbusiness919
    @noneofyourbusiness919 2 года назад +1

    What is markup the percentage of profit gain or loss gain ?

  • @mithunaskar2220
    @mithunaskar2220 7 месяцев назад

    Thank You so much😊

  • @Bella-jw8zv
    @Bella-jw8zv 10 месяцев назад

    Thank you!!!!!!!

  • @80.yoeurmeenut.e74
    @80.yoeurmeenut.e74 2 года назад

    Thanks !

  • @kynnardmartinez1481
    @kynnardmartinez1481 23 дня назад

    If its on discount
    Subtract 20 by 100 = 80
    Turn 80 into decimal
    .80 multiplied by 800 = 640

  • @lfcmystic396
    @lfcmystic396 3 месяца назад

    thanks really helped

  • @takerufujiwara1612
    @takerufujiwara1612 2 года назад +3

    Where did the percentage of mark up come from? Pls help

  • @randyh7611
    @randyh7611 Год назад

    I watch this about once a month for the last few years.