How does the Price Calculator work?
Free Price Calculator - Given a cost and a gross margin percentage, this calculator calculates price, gross profit, markup percentage
This calculator has 2 inputs.
This calculator has 2 inputs.
What 3 formulas are used for the Price Calculator?
Price = Cost/(1 - Gross Margin)
Gross Profit = Price * Gross Margin
Markup = Gross Profit * 100/Cost
Gross Profit = Price * Gross Margin
Markup = Gross Profit * 100/Cost
What 5 concepts are covered in the Price Calculator?
- cost
- an amount that has to be paid or spent to buy or obtain something
- margin
- the current level of an activity
- markup
- how much more a companys selling price is than the amount the item costs the company.
- price
- the amount of money expected, required, or given in payment for something
- profit
- The amount of money left over after paying costs/expenses
Profit = Revenue - Cost
Example calculations for the Price Calculator
Price Calculator Video
