How to Find Selling Price - Easy Trick - With Cost Price and Markup
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- Опубликовано: 13 апр 2021
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How to Calculate Selling Price Easy Trick - Mark Up Percentage
In this Video i am showing you how to calculate the selling price when the cost price and markup percentage is given. In the first step we have to calculate the amount of markup and in the second step we simply use the formula to calculate the selling price.
Cost Price = 800
Markup%=20%
Selling price=?
Markup=20/100*800
Markup =160
Selling Price= CP + Markup
Selling Price=800 + 160
Selling Price=960
#findsellingprice#merkup#percentage
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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.
Thanks !! This is a huge help for us student who's teacher doesn't help us
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
Your method is simple and straight forward
Thank you Sam , so much , it was good the way you calculated a Selling Price.
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
same
You explained the concept very well
Thank you soooooo much you don't understand how much I was struggling
Totally thank you! Takes me back to college . This was great!
Simple & best way ....... Appreciate
These smart indian guys always save my life 😍
THANK YOU SO MUCH!!! YOU HELPED ME WITH MY ACTIVITY
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
Your a big help man i didnt understand it at first but now i do bc of u
No 1 teacher in the world
Thanks you explain it better than my teacher 😉 thanks to you!
omg thank you ive been stressing on this my whole life gracias merci 👏👏👏👏👏
Very useful, the way you explained slowly and showed the calculations is very useful.👍👍👍👍
Thank you. Concise and easy to understand.
If I don't have a selling price and markup %, is it ok to assume any markup percentage?
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
wow you made it so easy thank you!
thanks a lot now i undrestand this formular tomorrow is me economic exam kno i am ready for the exam
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?
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
Thank you so much, you really made this easy for me to understand
Your welcome 😊
thank u sir for clearly teaching
Very good explanation, Sir. This elped me to understand where to get the Markup value.
New subscriber here
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!!! this helped me allot!
Thank you teacher 😃
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
WOW understand better than my teacher 😁
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
Thank you for making it more simpler for us
Based on what to specify the mark up % ?
Your explanation is best
What’s the formula to covert from markdown to markup
Example- if my markdown margin is 33% what will be markup margin ?
Hey man thanks alot for the Help and keep doing your thing
Thank you for your help🙏🏽
Thanks for helping me out with this calculation ❤
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❤
He explain better than my teacher also
i thought is hard but it's now easy cause, you explain better
Thank you so much sir !
This was helpful, thank you ❤
This is useful. Thank you
Tysm...u saved my day
Thanks a lot sir this formula its very helful.
Very clear explanation. I use someka product price calculator template to determine the ideal price of a product. Thank you for the video:)
hi, thank you Sir
good explanation
Thank you so much 😊
Thanks very 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?
Thank You Sir, I have trouble with math and I don't want to cut myself short, your explanation was very easy to follow. Thank You Sir. THE SARGE
Bros voice is so soothing
Thank you bro massive W
fell asleep when teach was teaching, this helps alot.
Congratulations you got a new subscriber and a like.
Thank u so much for making it so simple 😊
hi ! this is how you calculate the selling price if GST is included, right ?
Thank u so much for making it so simple 😊😊😊
very easy to understand
thanks man for explaining it. keep doing what you doing
This lesson is very good
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
Thank You so much😊
THANK YOU SO MUCH
Sir you are great
Thank you so much, Sir.
I watch this about once a month for the last few years.
Thanks !
Thanku so much..sir
Thank you so much.
Thank you so much!
This really helped
What is markup the percentage of profit gain or loss gain ?
Better than my teacher
Best teacher
When school doesn't teach practical stuff so you have to watch RUclips videos
Well explained
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 ❤
I have a question how do you get a markup
Thank you
Damn the explanation is so easy! He explain it better than my teacher.😳❤️
Thank you.
Thank you!!!!!!!
Amazing!!
bro saved me 8 mins before my exam
Hello
Great teacher 😊
This is not the proper way to calculate mark up. It’s not as simple as just adding a percentage. Say your cost price was 100 and you want a 30% the correct way to calculate mark up is 100/(1-30%). A real 30% mark up for a 100 cost price product would mean a selling price of 142.86.
Underrated comment. Came here to say the same. Your formula is the right way.
So many people being misled by this video…
One question, what is 1 suppose to be considered as? Taking notes, thank you for clarifying that 🙏🏾
@@waterdripnetwork 100% I believe 👍🏼
Best teacher ❤
Omg! Thanks😭💖
Thank you for explaining this so well
What happens when the retailer has to pay GST Inward, what will be the SP? Is GST included in CP?
Selling price = Item cost/(1-markup price)
Thats the formula right sir?
what is the meaning of markup ? increasing price ?
then when decreasing price is discount ?