Find Cost if Selling Price and Percent Markup is given

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  • เผยแพร่เมื่อ 16 ต.ค. 2016
  • cost price selling price, mark-up and discount problems are very interesting. In the playlist we have many examples to master ways of solving them.
    Playlist on Selling Price and Mark-up: • Markup Percentage and ...
    #CostPrice #SellingPrice #Profit #percent #Ratio #StrategyMath #Markup #percent #percentchange #percentage #anilkumar #globalmathinstitute #grade7math #WordProblems
    Percent Change: • Percent Fractions and ...
    What Percent of 20 is 30?
    Mixed Percent as Fraction: • How to Convert Mixed N...
    NEXT Application of Percent Tricks: • Working with Mixed Fra...
    Playlist on Percent Mark-up and Discount: • Markup Percentage and ...
    • Pay increase from $20 ...
    Linear Systems Lesson: • Simultaneous Linear Eq...
    / @mathematicstutor
    Learn From Anil Kumar: anil.anilkhandelwal@gmail.com
    Part 2: • Linear Systems Part 2 ...

ความคิดเห็น • 91

  • @minepaperstudio5683
    @minepaperstudio5683 4 ปีที่แล้ว +54

    I got 94% on my EMS test!
    Thank you very much!😃

    • @MathematicsTutor
      @MathematicsTutor  4 ปีที่แล้ว +13

      Congratulations!

    • @elenalacruelevil5645
      @elenalacruelevil5645 ปีที่แล้ว +2

      @@MathematicsTutor thank you it’s very helpful!! May I ask you why did you use the 1 to multiply 35? Cause I didn’t get. Thank you Sir

  • @nthabisengcynthia3190
    @nthabisengcynthia3190 3 ปีที่แล้ว +11

    Life saver😭😭 God bless you 🌻

  • @sherdilkahn4082
    @sherdilkahn4082 5 ปีที่แล้ว +8

    Kumar Jee! It is really help to me. I was stuck in calculation and messed up my whole day. Thanks for such the fine lecture help hundreds people like me. Wonderful, you did a great job! Heads-off to you... Guru jee!

  • @arlenemaehernandez8186
    @arlenemaehernandez8186 3 ปีที่แล้ว +3

    I was absent when my teacher discussed this. I hope I surprise them because I know exactly what to do😜. Thanks to you!

  • @ellahinton8385
    @ellahinton8385 4 ปีที่แล้ว +3

    I was struggling so much, but this cleared it all up. Thank you so much!

  • @MiTzYT
    @MiTzYT 6 ปีที่แล้ว +7

    I love how you explain it, better then my teacher at least. The method you are using, 100% + Market percentage = Sum. Price/ by Sum is your answer. How easier could it be! What I also love is your pen, what type of pen are they? Those are some fine tips alright!

    • @MathematicsTutor
      @MathematicsTutor  6 ปีที่แล้ว +2

      Yes, thee are fine tip pens. Thanks for appreciation of the solution and the pens.

  • @KingRuski666
    @KingRuski666 6 ปีที่แล้ว +1

    Thanks Anil, much simpler than my text book.

  • @cheskeoctober5211
    @cheskeoctober5211 3 ปีที่แล้ว +1

    Wow great way f teaching sir, I am writing examination ON Tuesday and I understood nothing until this video

  • @child0please
    @child0please 5 ปีที่แล้ว +2

    I cant even fathom how this method isn't taught in my course book. Thanks a million.

    • @MathematicsTutor
      @MathematicsTutor  5 ปีที่แล้ว

      Thanks. Here is the playlist: th-cam.com/play/PLJ-ma5dJyAqr-0pfGfVJHGaV12JaOuIpy.html

  • @sanjaydave5021
    @sanjaydave5021 3 ปีที่แล้ว +1

    Very nicely explained, easy to understand great job 👍🏼👌

  • @69914731
    @69914731 ปีที่แล้ว

    Thank you indeed. your teaching is excellent. you make it simple for me to understand. Thank you again.

  • @majidahakhtar7973
    @majidahakhtar7973 2 ปีที่แล้ว +1

    Really helpful video. Amazing work

  • @aliwani8059
    @aliwani8059 6 ปีที่แล้ว +1

    thank you so much. Now i understand the concept behind it.....

  • @pierrecatpacbell
    @pierrecatpacbell 4 ปีที่แล้ว +1

    Hello, I have a question as to why a 35% markup yields a 26% profit margin.
    How do I adjust the calculation to ensure the needed profit margin percentage of 35% is reached?
    Thank you,
    $5.00
    $3.70 5.00/1.35 35%
    (5-3.70)/5.00 26%

  • @welra3376
    @welra3376 3 ปีที่แล้ว +1

    Thank you for this, I had big trouble but you helped.

  • @J.L.B
    @J.L.B ปีที่แล้ว

    thank you. the way you just explained it helped me.

  • @DonTellion
    @DonTellion 13 วันที่ผ่านมา +1

    Saved me on another question, you are the man!

    • @MathematicsTutor
      @MathematicsTutor  13 วันที่ผ่านมา

      My Pleasure. Thanks for sharing. Playlist for you: th-cam.com/video/0zHyC-un-MQ/w-d-xo.html

  • @gildamoralita5715
    @gildamoralita5715 2 ปีที่แล้ว +1

    Hoping for such a great helping hand....
    Thank you...

  • @lyndzyk.251
    @lyndzyk.251 3 ปีที่แล้ว +6

    thanks sir you're a legend. my teacher aint it.

  • @sachideshpande2790
    @sachideshpande2790 ปีที่แล้ว +1

    Easy way to do it: You do the selling price divided by 1.)the percent of markup) so for this problem, you can do 142/1.35 since the increase is 35% and end up with the same answer

  • @rizcop5193
    @rizcop5193 3 ปีที่แล้ว +1

    Thank you this really helps during the pandemic, my teacher doesn't teach whatsoever, you are a legend.

  • @Aeman_.
    @Aeman_. 2 ปีที่แล้ว +1

    Ooo nice thanks for sharing your knowledge

  • @alimatambwe2991
    @alimatambwe2991 4 ปีที่แล้ว +2

    Thanks you saved me last minute 👏👏👌

  • @ZNGAMING5
    @ZNGAMING5 2 ปีที่แล้ว

    Nice I was stuck in markup tommorow is my paper you saved me

  • @pierrecatpacbell
    @pierrecatpacbell 4 ปีที่แล้ว +3

    Thank you, you answered exactly the question I had. Much appreciated.

  • @sctmandawe8773
    @sctmandawe8773 2 ปีที่แล้ว +1

    Thank you very much.. it helps me a lot!❤️

  • @laxmanproperty2383
    @laxmanproperty2383 2 ปีที่แล้ว +1

    Thank you so much for the help

  • @promisepretty8126
    @promisepretty8126 2 ปีที่แล้ว +1

    Thanks sir,this has really helped me 🙏🙏🙏🙏

  • @gildamoralita5715
    @gildamoralita5715 2 ปีที่แล้ว +1

    Wiuld you mine,helping me this question, Yasmine put a 40%mark -up on her product....what is the price per unit of her product..Whereas fabric is 60.00,labor is 20.00 ,packaging is 10.00 and mark---up is 40%--------------? Total cost-------------?

  • @damndons
    @damndons 6 ปีที่แล้ว +1

    Thank you so much!

  • @devdogdevdog5705
    @devdogdevdog5705 3 ปีที่แล้ว +1

    Thank you very helpful

  • @MrNewkingdom
    @MrNewkingdom 2 ปีที่แล้ว +1

    thank you so much

  • @cadence_gray
    @cadence_gray 4 ปีที่แล้ว +3

    Thank you so much! I was taking notes while my teacher explained something I already knew about, and when she explained this I wasn't paying attention, and I asked her about it, and asked a few other kids, but I still didn't understand, so I thought it was that I just didn't understand, but you explained it very well, thank you!

    • @MathematicsTutor
      @MathematicsTutor  4 ปีที่แล้ว +2

      Thanks a lot for appreciation. Here is a playlist to practice such examples: th-cam.com/play/PLJ-ma5dJyAqokvhu6xriRkxTdAF1rdX1V.html

    • @cadence_gray
      @cadence_gray 4 ปีที่แล้ว +2

      @@MathematicsTutor thank you!

  • @sabbrina78
    @sabbrina78 ปีที่แล้ว +1

    thank you

  • @rikasan6909
    @rikasan6909 2 ปีที่แล้ว +1

    sir.. ... Thank u............

  • @mugdhamallareddy
    @mugdhamallareddy 4 ปีที่แล้ว +1

    very useful explanation, thank you very much

  • @andria9237
    @andria9237 4 ปีที่แล้ว +1

    Thank you so much! I really needed this

    • @MathematicsTutor
      @MathematicsTutor  4 ปีที่แล้ว +1

      Here is related playlist: th-cam.com/play/PLJ-ma5dJyAqokvhu6xriRkxTdAF1rdX1V.html

  • @arjellaspinas6488
    @arjellaspinas6488 4 ปีที่แล้ว +1

    Thank you very much

  • @stevennaavee7519
    @stevennaavee7519 6 ปีที่แล้ว +1

    Why not use (markup= (SP-C)/C*100) and substitute Cost (C) for X?

  • @Eciadiantes
    @Eciadiantes 2 ปีที่แล้ว +1

    thanks

  • @pankajaggarwal1272
    @pankajaggarwal1272 2 ปีที่แล้ว +1

    the metal product company produce a swing machine that sells are Rs. 300 an increase of rs.300 an increase of 15% in cost of material and 10% of labour is anticipated . if the only figure available are given below what must be the selling price to give the some percentage of gross profit as figure (a.)material cost has been 45%of cost sales (b.)labour cost has been 40% of cost sales (c.)overhead cost has been15%of cost of sales (d.) the anticipated increased cost in relation to the present value price would a 35% in percentage the gross amount pls sir solved this question it is urgent for the exams

  • @sidspartan
    @sidspartan 5 ปีที่แล้ว +2

    Thank you. It was the easiest method

  • @skylajordan5374
    @skylajordan5374 9 หลายเดือนก่อน

    Thank you

  • @khaleesikunei3845
    @khaleesikunei3845 9 วันที่ผ่านมา

    Thanku sooo muchhhh

  • @bsjrjrwo1295
    @bsjrjrwo1295 3 ปีที่แล้ว +1

    Thank youuu

  • @javediqbal24134
    @javediqbal24134 3 ปีที่แล้ว +1

    Helpful ❤️❤️❤️

  • @daniellepyeatte7285
    @daniellepyeatte7285 4 ปีที่แล้ว +1

    I was doing ok until you added 1 to the equation...c [1+0.35] = 142..where did the 1 come from????

  • @Worldview5125
    @Worldview5125 6 ปีที่แล้ว +1

    that's cool way of teaching.....!!!!!!!!!!!!

    • @MathematicsTutor
      @MathematicsTutor  6 ปีที่แล้ว

      Thanks a lot for your time and appreciation

  • @woshhhflawaz
    @woshhhflawaz 4 ปีที่แล้ว +1

    Life saver

  • @shantealletain2217
    @shantealletain2217 ปีที่แล้ว +1

    What if you have a cost price already and you want to mark up the price by 10% what is the best method to do so? Thanks.

    • @MathematicsTutor
      @MathematicsTutor  ปีที่แล้ว

      This video will help: th-cam.com/video/d2Z5Gq7XEPg/w-d-xo.html
      Thanks

  • @adamcarlson7924
    @adamcarlson7924 6 ปีที่แล้ว +7

    Now it makes sense!

    • @MathematicsTutor
      @MathematicsTutor  6 ปีที่แล้ว

      Thanks for appreciation.

    • @DJTreyz
      @DJTreyz 6 ปีที่แล้ว +1

      I am in my last semester of an Accounting degree, doing Cost Accounting graded project: Thank you, my text does not cover the formula for mark ups.

    • @MathematicsTutor
      @MathematicsTutor  6 ปีที่แล้ว

      Thanks for appreciation. Highly appreciate you passion to learn. It is not easy to search for my videos. Thanks

  • @louannhop100
    @louannhop100 8 หลายเดือนก่อน

    So I’m absolutely crap when it comes to numbers so could you just explain to me how companies can for example sell a product at a marked up price if if £170 that’s what they say the product is worth but then selling with 85%discount at £25 it doesn’t make sense to me! Are the products actually worth £175 if they are how can they be making money selling them for £25 but if they did not cost £175 to make how can they claim that they are worth that amount! Hope this isn’t confusing but would love it if you could explain it to me as best you can!

  • @belalayman7935
    @belalayman7935 5 ปีที่แล้ว +5

    a simpler way is 142/1.35. where is the 1.35? 100% + 35% = 135%. 135%= 1.35. and the selling price is 142. but why did I divide 142 by 1.35? well, we already know that 142 is the selling price but what if I told you that the 135% is also the selling price percent. yes selling price= cost+markup. cost is 100% and markup is 35% add them together and you get the selling price percent. so divide selling price by the selling price percent and you get the answer

  • @NomfundoNcarr-io5jt
    @NomfundoNcarr-io5jt ปีที่แล้ว +1

    If they give you cost price and selling what can you calculate mark-up

    • @MathematicsTutor
      @MathematicsTutor  ปีที่แล้ว

      This video relates to Mark-up: th-cam.com/video/hV6wNdhxOdg/w-d-xo.html
      Thanks

  • @commercestudy992
    @commercestudy992 5 ปีที่แล้ว +1

    when sell price is given of percentage 80% sell?plz reply

    • @MathematicsTutor
      @MathematicsTutor  5 ปีที่แล้ว

      Hope the following videos will help you
      th-cam.com/video/DWkPcO9dcmY/w-d-xo.html
      th-cam.com/video/Yr45iZss58Q/w-d-xo.html
      th-cam.com/video/-9Se_ULMKv0/w-d-xo.html
      Thanks

  • @selenamain3830
    @selenamain3830 2 ปีที่แล้ว +1

    Finally

  • @fwimfwam_1082
    @fwimfwam_1082 4 ปีที่แล้ว +2

    literally saved my grade bro 😔✋

  • @ibilolabukola2482
    @ibilolabukola2482 3 ปีที่แล้ว +1

    Wowwwwwwwww

  • @celesteazarcon3970
    @celesteazarcon3970 6 ปีที่แล้ว +1

    um, sir, where do you get 1?

  • @aliwani8059
    @aliwani8059 6 ปีที่แล้ว +2

    but again how can something be 135 percent out of 100 percent

    • @MathematicsTutor
      @MathematicsTutor  6 ปีที่แล้ว +2

      That is how retailers make profit. They may buy something for 100 and sell for 235.
      Percent is calculated based on purchase price in this case. Hope that is clear.
      It is joy, you get more by sharing!

  • @rowdyrocks2544
    @rowdyrocks2544 5 ปีที่แล้ว +1

    Markup price is 450 and mark up percentage is 12.5%. Then what is cost price

  • @halloumi420
    @halloumi420 5 ปีที่แล้ว +1

    Thanks I hope I pass my exam now

    • @MathematicsTutor
      @MathematicsTutor  5 ปีที่แล้ว

      All the Best. Here is a Playlist to Practice: th-cam.com/play/PLJ-ma5dJyAqokvhu6xriRkxTdAF1rdX1V.html

  • @cinyko439
    @cinyko439 3 ปีที่แล้ว +2

    dude if both sides of your pillow ain’t cold, the pillow, god and Satan better watch out for these gremlin hands 🤌
    Edit: but seriously man thank you :)

  • @lakshmipriya7983
    @lakshmipriya7983 ปีที่แล้ว +1

    Very nicely explained, easy to understand great job 👍🏼👌

  • @angeloli7791
    @angeloli7791 6 ปีที่แล้ว +1

    thank you so much