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+--- Thread: Cost(Margin%) <> Price(Markup%) Calculation Shortcut (/thread-9327.html)
Cost(Margin%) <> Price(Markup%) Calculation Shortcut - Gamo - 10-19-2017 12:56 PM
Cost(Margin%) and Price(Markup%)
For when you [know only the Margin or Markup] there is a very short way to calculate this on either ways.
For example:
If you want the Cost(Margin%) for 16.67% What is the Price(Markup%) ?
I.Steps: 16.67 [1/x] [EEX] [CHS] 2 - [1/x] Result Markup% = 20%
The other way around if you want Price(Markup%) for 20% What is the Cost(Margin%) ?
II.Steps: 20 [1/x] [EEX] [CHS] 2 + [1/x] Result Margin% = 16.67%
The only thing to make sure is when you calculate
Margin to Markup use Minus (-)
Markup to Margin use Plus (+)
This short step can be implement to Programmable Calculator.