How do I calculate profit as a % of Sales price

G

Guest

I have all my costs (item, freight, storage, handeling, overhead) I want to
calculate profit as a % of the sales price. e.g. all my costs add up to $8.00
and I wan to make a 10% profit, what is my sales price? What formula do I use
to calculate this?
 
G

Guest

hi,

=totalcost/0.9

or 8/.9 = 8.88

hth
regards from Brazil
Marcelo

"bobnewmark" escreveu:
 
G

Guest

this is where we have the discussion regarding MARGIN and MARKUP
They are not the same.
8/.9 is a 10%margin ( ten percent discount arrives back at the cost)
8*1.1 is a 10% markup...not the same as above
 

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