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whats the formula ?
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giftedk
Cleanitup God
Posts:
314
whats the formula ?
«
on:
February 22, 2008, 07:59:37 am »
hi all ive seen this post on here before but i cant find it.
I want to know how you work out twenty percent of the price, so you can add this on for profit .?
:
think thats right, it is early !
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AuRavelling79
Cleanitup Global Moderator
Cleanitup God
Posts:
26010
Re: whats the formula ?
«
Reply #1 on:
February 22, 2008, 08:04:06 am »
Divide by 5 and add it on.
So £8.00 divide by five is £1.60 so that becomes £9.60.
And then round
up
to the nearest pound so you aren't faffing with change - a Tenner!
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It's a game of three halves!
steve m
Cleanitup God
Posts:
796
Re: whats the formula ?
«
Reply #2 on:
February 22, 2008, 08:56:35 am »
or divide by 100, multiply by 20
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Helen
Guest
Re: whats the formula ?
«
Reply #3 on:
February 22, 2008, 09:23:28 am »
use calculator....
your price is £100 to work out 20% plus.
100 x 20 (hit)%(key) (hit)+(key) (hit) = (key) answer 120
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Dean Aspects
Cleanitup God
Posts:
1786
Re: whats the formula ?
«
Reply #4 on:
February 22, 2008, 09:31:50 am »
Working out 10% is easy you just move the decimal point one place then just double it
I.E £15 =£1.50x2=£3.00
You can also work out 15/25/35% etc by just halving the 10% figure and adding it i do it all the time in my head it not that complicated if you do it regularly
Using this i can mentaly work out vat aswell
Dean
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geoffreyspecht
Cleanitup God
Posts:
485
Re: whats the formula ?
«
Reply #5 on:
February 22, 2008, 11:43:37 pm »
if u want to make 20% profit,your mark up is 25%.example £8+25%=£10=20% profit margin
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geefree
Cleanitup God
Posts:
6180
Re: whats the formula ?
«
Reply #6 on:
February 23, 2008, 12:03:01 am »
so which one is the answer
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Davo
Cleanitup God
Posts:
412
Re: whats the formula ?
«
Reply #7 on:
February 23, 2008, 04:25:54 am »
Depends whether you want 20% on cost or 20% on return.
Mark
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whats the formula ?