How do i find the profit margin in % if i have cost price 12.7, retail price 38.9, and profit 26.2?

Answer 1

Divide 26.2 by the total, 38.9.
Then multiply by 100.

You get 67.35% on this one.

Answer 2

This problem can be solved by setting up the equation as follows:

Profit % = Sale price - cost price X 100 / cost price

So x = (38.9 - 12.7) X 100 / 12.7 = 26.2 X 100 / 12.7 = 206.299 or say 207 percent. Rather a big margin isn't it?

Answer 3

When you want to calculate profit margin as percent, it is normally as percent of cost price.
Hence
Assume cost price as C
Selling price as S
Profit is (S - C)

Then profit as fraction of cost price is (S -C ) / C
Profit as percent would be (S -C)*100/C
For your specific problem it would be
(38.9 - 12.7)*100/12.7
i.e.
26.2 * 100/12.7
i.e.
2620/12.7
i.e.
206.3%
(You work on very high profit margin ???)

Answer 4

profit based on the retail price is 26.2/38.9 =0.67.35=67.35%.

Based on the cost price it is 26.2/12.7 =2.063=206.3%

Answer 5

hi

you work it out like this:-

26.2/12.7x100 which is 206.3% profit

You divide the profit by the cost price and multiply the answer by 100

Cheers

Geordie

Answer 6

There are two practices that are followed:

Profit / Sales Price * 100
Profit / Base Price *100