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Markup Formulas and Calculations:
The gross profit P is the difference between the cost to make a product C and the selling price or revenue R.
P = R - C
To calculate revenue R based on the cost C and the desired gross margin G, where G is in decimal form:
R = C / ( 1 - G)
The gross profit dollars P is the revenue dollars R from the sale times the gross margin G percentage, where G is in decimal form :
P = R * G
The markup percentage M, in decimal form, is gross profit P divided by cost C.
M = P/ C
M * 100 will change the decimal to a percentage.
Under which category you wish to place it -
Computer Science
Mathematics
Physics
Chemistry
Biology
Art
Finance
Scientific
Health
Games/Sports
Let project owner decide
Suggest a new category - (Answer here)
The text was updated successfully, but these errors were encountered:
@SarthakKeshari please assign this issue to me. Also I have a doubt to calculate all these we can take the inputs of variables in the formula like for P = R - C we have to ask user input of R and C to calculate P right?
Enter calculator name -
Markup Calculator
Describe calculator functionality -
Markup Formulas and Calculations:
The gross profit P is the difference between the cost to make a product C and the selling price or revenue R.
P = R - C
To calculate revenue R based on the cost C and the desired gross margin G, where G is in decimal form:
R = C / ( 1 - G)
The gross profit dollars P is the revenue dollars R from the sale times the gross margin G percentage, where G is in decimal form :
P = R * G
The markup percentage M, in decimal form, is gross profit P divided by cost C.
M = P/ C
M * 100 will change the decimal to a percentage.
Under which category you wish to place it -
The text was updated successfully, but these errors were encountered: