How to Find Selling Price - Easy Trick - With Cost Price and Markup

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  • čas přidán 13. 04. 2021
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    How to Calculate Selling Price Easy Trick - Mark Up Percentage
    In this Video i am showing you how to calculate the selling price when the cost price and markup percentage is given. In the first step we have to calculate the amount of markup and in the second step we simply use the formula to calculate the selling price.
    Cost Price = 800
    Markup%=20%
    Selling price=?
    Markup=20/100*800
    Markup =160
    Selling Price= CP + Markup
    Selling Price=800 + 160
    Selling Price=960
    #findsellingprice#merkup#percentage
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Komentáře • 340

  • @elvahawker7111
    @elvahawker7111 Před 3 lety +348

    He explane it better than my teacher

    • @samtube12
      @samtube12  Před 3 lety +31

      Thanks for your time

    • @MuhammadAli-sx5ud
      @MuhammadAli-sx5ud Před 3 lety +1

      Agr percentage na di ho tou phir like this entry .......
      What will be entry ...
      Goods sold on2000 cash for costing...?

    • @MuhammadAli-sx5ud
      @MuhammadAli-sx5ud Před 3 lety +1

      Costing 300

    • @chantellotsile8682
      @chantellotsile8682 Před 2 lety +1

      so true i am with u

    • @mohibqureshi391
      @mohibqureshi391 Před 2 lety +14

      U r wrong..thw reason that you understood him over ur teacher...is bcuz now, u wanted to learn but in class...u just tried...think about it and you'll see it...i also thought that my teacher cant teach..but now i see y....😌

  • @jijyverdan4297
    @jijyverdan4297 Před 2 lety +7

    Thanks !! This is a huge help for us student who's teacher doesn't help us

  • @eliasj.519
    @eliasj.519 Před 2 lety +28

    Thank you so much! I was having trouble with my teachers formula but this is way easier

    • @ebotgwapo4362
      @ebotgwapo4362 Před 6 měsíci

      Use calculator just add cost price and mark up%. automatically the total is selling price
      Example: 800+20%= 960

  • @kinyamwiraria2207
    @kinyamwiraria2207 Před rokem

    Thank you Sam , so much , it was good the way you calculated a Selling Price.

  • @TheAcrenshaw
    @TheAcrenshaw Před 2 lety +52

    Thanks for making it so simple; I’ve always have had trouble with math.

  • @janemesajon158
    @janemesajon158 Před rokem +3

    You explained the concept very well

  • @nelvilane9063
    @nelvilane9063 Před 2 lety +1

    Your method is simple and straight forward

  • @rohitkandiyal4126
    @rohitkandiyal4126 Před 2 lety +1

    Simple & best way ....... Appreciate

  • @CreativeMynd86
    @CreativeMynd86 Před 2 lety +20

    This was very helpful because I'm trying to start a business so this helps alot,still got alot of research to do but this helps

  • @alphymathew1410
    @alphymathew1410 Před rokem +2

    wow you made it so easy thank you!

  • @lilink9695
    @lilink9695 Před 2 lety +1

    Thank you soooooo much you don't understand how much I was struggling

  • @aamirparker5451
    @aamirparker5451 Před rokem

    Your a big help man i didnt understand it at first but now i do bc of u

  • @brendam5380
    @brendam5380 Před 6 měsíci

    Totally thank you! Takes me back to college . This was great!

  • @FYM2Owethu
    @FYM2Owethu Před rokem

    Hey man thanks alot for the Help and keep doing your thing

  • @scarylordgamer5469
    @scarylordgamer5469 Před 2 lety +1

    No 1 teacher in the world

  • @vickypham5849
    @vickypham5849 Před 2 lety +2

    Thank you for your help🙏🏽

  • @djentledavis
    @djentledavis Před 8 měsíci

    Thank you so much!!! this helped me allot!

  • @br0wnskinsheila250
    @br0wnskinsheila250 Před rokem +2

    Thank you so much, you really made this easy for me to understand

  • @hope.92649
    @hope.92649 Před 11 měsíci

    Thanks you explain it better than my teacher 😉 thanks to you!

  • @Mr.Axolotl14
    @Mr.Axolotl14 Před rokem +7

    you explain better than my teacher! But i have a question is the 100 is constant? when u divide your mark-up percentage?

    • @unknow_jae
      @unknow_jae Před rokem +4

      % means 100 so any thing with % on it is marked over 100
      Eg.20%=20/100

  • @komalkashish1956
    @komalkashish1956 Před rokem +5

    Thank you teacher 😃

  • @gladyscalibara159
    @gladyscalibara159 Před 2 lety +1

    thank u sir for clearly teaching

  • @koimillaalfred4329
    @koimillaalfred4329 Před rokem +1

    Very useful, the way you explained slowly and showed the calculations is very useful.👍👍👍👍

  • @CrissaCabantog
    @CrissaCabantog Před rokem +1

    This is useful. Thank you

  • @barrickfischer
    @barrickfischer Před rokem

    so cost price as items are the costs of materials or services you wished to sell with added percentage/mark-up? am I getting that right?

  • @sapnadevi9063
    @sapnadevi9063 Před 2 lety +2

    Thank you so much sir !

  • @temjenlongkumer723
    @temjenlongkumer723 Před 2 lety +1

    Tysm...u saved my day

  • @dorisezerie
    @dorisezerie Před 2 lety +2

    If I don't have a selling price and markup %, is it ok to assume any markup percentage?

  • @rheadaniels4961
    @rheadaniels4961 Před 2 lety +6

    Thank you. Concise and easy to understand.

  • @avikverma2931
    @avikverma2931 Před 3 měsíci

    Sir thankyou veru much my exams is tomorrow i was running shirt on time but then i found your video and you explained everything in short time thanks very much

  • @gurmeetsingh1137
    @gurmeetsingh1137 Před 2 lety

    Your explanation is best

  • @Gaminggiant-mf4cr
    @Gaminggiant-mf4cr Před rokem

    Congratulations you got a new subscriber and a like.

  • @lifediary3770
    @lifediary3770 Před 2 lety +2

    These smart indian guys always save my life 😍

  • @nicc304
    @nicc304 Před 2 lety +10

    THANK YOU SO MUCH!!! YOU HELPED ME WITH MY ACTIVITY

  • @vinaysagarr8041
    @vinaysagarr8041 Před 2 lety +3

    What’s the formula to covert from markdown to markup
    Example- if my markdown margin is 33% what will be markup margin ?

  • @anonje
    @anonje Před 2 lety +4

    Based on what to specify the mark up % ?

  • @MariesCookNCraft
    @MariesCookNCraft Před 2 dny

    Very helpful thank you

  • @kezia.a347
    @kezia.a347 Před 2 lety +6

    omg thank you ive been stressing on this my whole life gracias merci 👏👏👏👏👏

  • @AnnishaJulius
    @AnnishaJulius Před 3 měsíci

    Thanks for helping me out with this calculation ❤

  • @siyakunenel3701
    @siyakunenel3701 Před rokem +1

    Thank you so much 😊

  • @Itsjust_ana
    @Itsjust_ana Před 10 měsíci

    Hello! I know that this vid is 2 years ago but can you make an vid of how to take selling price and your allowance? For bakery?😊 Ty! And how did you get your marketing price

  • @kick7132
    @kick7132 Před 7 dny

    Thank you this was helpful

  • @sooriyavarmankannan9759
    @sooriyavarmankannan9759 Před rokem +1

    hi, thank you Sir
    good explanation

  • @godwinkanlee2157
    @godwinkanlee2157 Před 3 měsíci

    Thank you for making it more simpler for us

  • @sirajpatel474
    @sirajpatel474 Před 2 lety

    thanks a lot now i undrestand this formular tomorrow is me economic exam kno i am ready for the exam

  • @onea_xw
    @onea_xw Před 2 lety +1

    Thank you bro massive W

  • @sugar4494
    @sugar4494 Před 2 měsíci

    This was helpful, thank you ❤

  • @MalawiPage
    @MalawiPage Před rokem +4

    This is great for school, but in bysiness, make sure you consider the costs of doing business when considering your mark up.
    Even your mindset have to be adjusted to this reality.
    Selling price should include things like shipping, rental, salary... for the profit to make sense.
    This is the village tactic I use.
    Don't buy at 10 and sell at 20 and think you have made 10 profit.
    Net profit 📈 👌🏽 should be your friend.

  • @lifediary3770
    @lifediary3770 Před 2 lety +1

    THANK YOU SO MUCH

  • @2ndChance54
    @2ndChance54 Před rokem +5

    Very good explanation, Sir. This elped me to understand where to get the Markup value.
    New subscriber here

  • @jigs.89
    @jigs.89 Před rokem

    Thank you so much, Sir.

  • @kashanj.2712
    @kashanj.2712 Před 2 lety +88

    We can simply do that in one step. 20% mark up means we are selling at 120% of cost price. Just multiply 800 x 120% = 960

    • @nothadube2292
      @nothadube2292 Před 2 lety +6

      your formula is much more easier his formula is complicated thanks

    • @asefuseyoum2969
      @asefuseyoum2969 Před 2 lety +4

      😂😂😂😂😂 u are the best

    • @zashkim931
      @zashkim931 Před rokem +6

      Can I ask where did you get the 120%?

    • @chandramohanKammari
      @chandramohanKammari Před rokem +13

      Cost price is 800
      Mark up price 20%
      Then 800+20%= 960
      If CP + Mark up % = Answer
      40+25%=50

    • @MidnightThunderKid
      @MidnightThunderKid Před rokem +2

      ​@@chandramohanKammari You are the GOAT! I was struggling with this because I am at home sick doing HW and don't know wtf I am doing.

  • @user-ph5sn5sw6t
    @user-ph5sn5sw6t Před 5 měsíci

    Thank u so much for making it so simple 😊

  • @therealfamily1500
    @therealfamily1500 Před 2 lety +1

    WOW understand better than my teacher 😁

  • @Jainub
    @Jainub Před 5 měsíci

    Thank you so much.

  • @songhaah1557
    @songhaah1557 Před 3 měsíci

    very easy to understand

  • @scarylordgamer5469
    @scarylordgamer5469 Před 2 lety +1

    Sir you are great

  • @mithunaskar2220
    @mithunaskar2220 Před 2 měsíci

    Thank You so much😊

  • @user-ph5sn5sw6t
    @user-ph5sn5sw6t Před 5 měsíci

    Thank u so much for making it so simple 😊😊😊

  • @NicoleHarry-hu1mn
    @NicoleHarry-hu1mn Před 3 měsíci

    This really helped

  • @rubilynrevesis2294
    @rubilynrevesis2294 Před rokem

    Thank you so muchhj

  • @davehansel9715
    @davehansel9715 Před rokem

    Very clear explanation. I use someka product price calculator template to determine the ideal price of a product. Thank you for the video:)

  • @justinsandagon6538
    @justinsandagon6538 Před 2 měsíci

    Thanks a lot sir this formula its very helful.

  • @Sonicxs360
    @Sonicxs360 Před rokem

    i thought is hard but it's now easy cause, you explain better

  • @Bella-jw8zv
    @Bella-jw8zv Před 6 měsíci

    Thank you!!!!!!!

  • @alonzoalston5620
    @alonzoalston5620 Před rokem

    When I do these I just move the decimal 2 places to change from percent multiple by cost the add the mark up

  • @shilpakadam7384
    @shilpakadam7384 Před 2 lety +1

    He explain better than my teacher also

  • @MRM12.12
    @MRM12.12 Před rokem

    Thank you

  • @niigambojulia4721
    @niigambojulia4721 Před rokem

    Thank you so much ❤

  • @user-pk9mf4yh4e
    @user-pk9mf4yh4e Před 3 měsíci

    I love you bro for explaining it very thoroughly 😊 i fail my teacher in front of you because you explained very better than my teacher❤

  • @kwakubentil193
    @kwakubentil193 Před rokem

    Amazing!!

  • @piwilepe2940
    @piwilepe2940 Před 2 lety +1

    Best teacher

  • @MarkGilClaros
    @MarkGilClaros Před 6 měsíci

    This lesson is very good

  • @tashawaters89
    @tashawaters89 Před 3 měsíci

    Thank you.

  • @RandomPerson-ug8vu
    @RandomPerson-ug8vu Před rokem +5

    This helped me so much! I had completely forgotten how to do this and I left my notes at school. I would’ve been lost without your video, again, thanks so much!

    • @TheSkylark16
      @TheSkylark16 Před 6 měsíci

      Execpt that was wrong, the correct numbers would be 1000

    • @RandomPerson-ug8vu
      @RandomPerson-ug8vu Před měsícem

      Oh well 🤷‍♀️ still ended up with an A in math so no harm done there

  • @80.yoeurmeenut.e74
    @80.yoeurmeenut.e74 Před rokem

    Thanks !

  • @nandkishoryadav4529
    @nandkishoryadav4529 Před rokem

    Thanku so much..sir

  • @crisscastrejon4847
    @crisscastrejon4847 Před rokem

    Omg! Thanks😭💖

  • @munawerkhamkar139
    @munawerkhamkar139 Před 8 měsíci

    Well explained

  • @user-rt7kz9xm7d
    @user-rt7kz9xm7d Před 8 měsíci

    Great teacher 😊

  • @cliodona
    @cliodona Před rokem

    hi ! this is how you calculate the selling price if GST is included, right ?

  • @daniellehouston1220
    @daniellehouston1220 Před rokem

    Perfect!!!!

  • @loyddom8594
    @loyddom8594 Před rokem

    Thanks sir

  • @nasreendesai953
    @nasreendesai953 Před 2 lety +2

    Really helped

  • @SolidnaLAPIS
    @SolidnaLAPIS Před 7 měsíci

    thank you

  • @dinabandhusuna7349
    @dinabandhusuna7349 Před rokem

    Nice,clearance

  • @rinsigne7646
    @rinsigne7646 Před 2 lety

    thanks

  • @aye1334
    @aye1334 Před 2 lety

    Thanks bro 🙏

  • @darrelllewissr9413
    @darrelllewissr9413 Před 2 lety +1

    Thank you for explaining this so well

  • @aprildy6533
    @aprildy6533 Před 2 lety

    Thank you..

  • @Rmarmurray
    @Rmarmurray Před 9 měsíci

    Bros voice is so soothing

  • @Becauseimhappy386
    @Becauseimhappy386 Před 8 měsíci

    Best teacher❤

  • @thesarge4457
    @thesarge4457 Před 11 měsíci

    Thank You Sir, I have trouble with math and I don't want to cut myself short, your explanation was very easy to follow. Thank You Sir. THE SARGE

  • @rararedroses2147
    @rararedroses2147 Před 2 lety +1

    Thank you Sam

  • @noneofyourbusiness919
    @noneofyourbusiness919 Před 2 lety +1

    What is markup the percentage of profit gain or loss gain ?

  • @sielmorente9068
    @sielmorente9068 Před rokem

    Noice explanation

  • @user-ps5pj5sv9x
    @user-ps5pj5sv9x Před 8 měsíci

    Sir agar 80 percent markup on selling price. It then marks the item down to 50percent.purchase item is 50 Rs. Calculate final price?

  • @user-nd8ny8ri9b
    @user-nd8ny8ri9b Před rokem

    Help me out here... it appears as if it cost you more to make the product than you actually made back from it... Or am I seeing this all wrong? Would not food cost divided by target food cost percentage yield a higher pay out? Honestly trying to learn. Thanks

  • @rubilynrevesis2294
    @rubilynrevesis2294 Před rokem

    Thank youuuu

  • @gaylemohamed4219
    @gaylemohamed4219 Před 3 lety +12

    Thank you at last i can do it! So easily explained and such a calm voice. thank you