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

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  • Опубліковано 13 кві 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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КОМЕНТАРІ • 337

  • @elvahawker7111
    @elvahawker7111 3 роки тому +345

    He explane it better than my teacher

    • @samtube12
      @samtube12  3 роки тому +31

      Thanks for your time

    • @MuhammadAli-sx5ud
      @MuhammadAli-sx5ud 3 роки тому

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

    • @MuhammadAli-sx5ud
      @MuhammadAli-sx5ud 3 роки тому +1

      Costing 300

    • @chantellotsile8682
      @chantellotsile8682 2 роки тому +1

      so true i am with u

    • @mohibqureshi391
      @mohibqureshi391 2 роки тому +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 2 роки тому +7

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

  • @TheAcrenshaw
    @TheAcrenshaw 2 роки тому +55

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

  • @eliasj.519
    @eliasj.519 2 роки тому +28

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

    • @ebotgwapo4362
      @ebotgwapo4362 5 місяців тому

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

  • @kinyamwiraria2207
    @kinyamwiraria2207 Рік тому

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

  • @janemesajon158
    @janemesajon158 Рік тому +2

    You explained the concept very well

  • @kashanj.2712
    @kashanj.2712 2 роки тому +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 2 роки тому +6

      your formula is much more easier his formula is complicated thanks

    • @asefuseyoum2969
      @asefuseyoum2969 2 роки тому +4

      😂😂😂😂😂 u are the best

    • @zashkim931
      @zashkim931 Рік тому +6

      Can I ask where did you get the 120%?

    • @chandramohanKammari
      @chandramohanKammari Рік тому +13

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

    • @Thekeysoflight
      @Thekeysoflight Рік тому +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.

  • @nelvilane9063
    @nelvilane9063 2 роки тому +1

    Your method is simple and straight forward

  • @rohitkandiyal4126
    @rohitkandiyal4126 2 роки тому +1

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

  • @lilink9695
    @lilink9695 2 роки тому +1

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

  • @brendam5380
    @brendam5380 6 місяців тому

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

  • @aamirparker5451
    @aamirparker5451 Рік тому

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

  • @hope.92649
    @hope.92649 11 місяців тому

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

  • @alphymathew1410
    @alphymathew1410 Рік тому +1

    wow you made it so easy thank you!

  • @CreativeMynd86
    @CreativeMynd86 2 роки тому +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

  • @CrissaCabantog
    @CrissaCabantog Рік тому +1

    This is useful. Thank you

  • @FYM2Owethu
    @FYM2Owethu Рік тому

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

  • @scarylordgamer5469
    @scarylordgamer5469 2 роки тому +1

    No 1 teacher in the world

  • @vickypham5849
    @vickypham5849 Рік тому +1

    Thank you for your help🙏🏽

  • @djentledavis
    @djentledavis 8 місяців тому

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

  • @gladyscalibara159
    @gladyscalibara159 2 роки тому +1

    thank u sir for clearly teaching

  • @MalawiPage
    @MalawiPage Рік тому +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.

  • @komalkashish1956
    @komalkashish1956 Рік тому +4

    Thank you teacher 😃

  • @lifediary3770
    @lifediary3770 2 роки тому +2

    These smart indian guys always save my life 😍

  • @temjenlongkumer723
    @temjenlongkumer723 2 роки тому +1

    Tysm...u saved my day

  • @sapnadevi9063
    @sapnadevi9063 2 роки тому +2

    Thank you so much sir !

  • @rheadaniels4961
    @rheadaniels4961 2 роки тому +6

    Thank you. Concise and easy to understand.

  • @gurmeetsingh1137
    @gurmeetsingh1137 2 роки тому

    Your explanation is best

  • @avikverma2931
    @avikverma2931 3 місяці тому

    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

  • @nicc304
    @nicc304 2 роки тому +10

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

  • @br0wnskinsheila250
    @br0wnskinsheila250 Рік тому +2

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

  • @AnnishaJulius
    @AnnishaJulius 3 місяці тому

    Thanks for helping me out with this calculation ❤

  • @Gaminggiant-mf4cr
    @Gaminggiant-mf4cr Рік тому

    Congratulations you got a new subscriber and a like.

  • @sooriyavarmankannan9759
    @sooriyavarmankannan9759 Рік тому +1

    hi, thank you Sir
    good explanation

  • @siyakunenel3701
    @siyakunenel3701 Рік тому +1

    Thank you so much 😊

  • @koimillaalfred4329
    @koimillaalfred4329 Рік тому +1

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

  • @godwinkanlee2157
    @godwinkanlee2157 3 місяці тому

    Thank you for making it more simpler for us

  • @Mr.Axolotl14
    @Mr.Axolotl14 Рік тому +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 Рік тому +4

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

  • @kezia.a347
    @kezia.a347 2 роки тому +6

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

  • @sirajpatel474
    @sirajpatel474 2 роки тому

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

  • @lifediary3770
    @lifediary3770 2 роки тому +1

    THANK YOU SO MUCH

  • @bodocoversongs8905
    @bodocoversongs8905 Рік тому

    Thank you so much!

  • @onea_xw
    @onea_xw 2 роки тому +1

    Thank you bro massive W

  • @therealfamily1500
    @therealfamily1500 2 роки тому +1

    WOW understand better than my teacher 😁

  • @user-pk9mf4yh4e
    @user-pk9mf4yh4e 2 місяці тому

    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❤

  • @jigs.89
    @jigs.89 Рік тому

    Thank you so much, Sir.

  • @2ndChance54
    @2ndChance54 Рік тому +5

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

  • @user-ph5sn5sw6t
    @user-ph5sn5sw6t 4 місяці тому

    Thank u so much for making it so simple 😊

  • @sugar4494
    @sugar4494 2 місяці тому

    This was helpful, thank you ❤

  • @scarylordgamer5469
    @scarylordgamer5469 2 роки тому +1

    Sir you are great

  • @kwakubentil193
    @kwakubentil193 11 місяців тому

    Amazing!!

  • @user-ph5sn5sw6t
    @user-ph5sn5sw6t 4 місяці тому

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

  • @barrickfischer
    @barrickfischer Рік тому

    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?

  • @piwilepe2940
    @piwilepe2940 2 роки тому +1

    Best teacher

  • @RandomPerson-ug8vu
    @RandomPerson-ug8vu Рік тому +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 6 місяців тому

      Execpt that was wrong, the correct numbers would be 1000

    • @RandomPerson-ug8vu
      @RandomPerson-ug8vu Місяць тому

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

  • @justinsandagon6538
    @justinsandagon6538 2 місяці тому

    Thanks a lot sir this formula its very helful.

  • @anonje
    @anonje 2 роки тому +4

    Based on what to specify the mark up % ?

  • @davehansel9715
    @davehansel9715 Рік тому

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

  • @shilpakadam7384
    @shilpakadam7384 2 роки тому +1

    He explain better than my teacher also

  • @nandkishoryadav4529
    @nandkishoryadav4529 Рік тому

    Thanku so much..sir

  • @dorisezerie
    @dorisezerie 2 роки тому +2

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

  • @Sonicxs360
    @Sonicxs360 Рік тому

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

  • @erickyei9096
    @erickyei9096 Рік тому +1

    Thanks very much

  • @thesarge4457
    @thesarge4457 11 місяців тому

    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

  • @crisscastrejon4847
    @crisscastrejon4847 Рік тому

    Omg! Thanks😭💖

  • @niigambojulia4721
    @niigambojulia4721 11 місяців тому

    Thank you so much ❤

  • @Jainub
    @Jainub 5 місяців тому

    Thank you so much.

  • @daniellehouston1220
    @daniellehouston1220 Рік тому

    Perfect!!!!

  • @user-rt7kz9xm7d
    @user-rt7kz9xm7d 7 місяців тому

    Great teacher 😊

  • @80.yoeurmeenut.e74
    @80.yoeurmeenut.e74 Рік тому

    Thanks !

  • @MarkGilClaros
    @MarkGilClaros 6 місяців тому

    This lesson is very good

  • @NicoleHarry-hu1mn
    @NicoleHarry-hu1mn 3 місяці тому

    This really helped

  • @mithunaskar2220
    @mithunaskar2220 2 місяці тому

    Thank You so much😊

  • @munawerkhamkar139
    @munawerkhamkar139 8 місяців тому

    Well explained

  • @vinaysagarr8041
    @vinaysagarr8041 2 роки тому +3

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

  • @Becauseimhappy386
    @Becauseimhappy386 7 місяців тому

    Best teacher❤

  • @Bella-jw8zv
    @Bella-jw8zv 6 місяців тому

    Thank you!!!!!!!

  • @mariam12147
    @mariam12147 Рік тому

    Thank you

  • @songhaah1557
    @songhaah1557 3 місяці тому

    very easy to understand

  • @aye1334
    @aye1334 2 роки тому

    Thanks bro 🙏

  • @surbirchettri1104
    @surbirchettri1104 2 роки тому +5

    Best teacher ❤

  • @Rmarmurray
    @Rmarmurray 8 місяців тому

    Bros voice is so soothing

  • @loyddom8594
    @loyddom8594 Рік тому

    Thanks sir

  • @tashawaters89
    @tashawaters89 3 місяці тому

    Thank you.

  • @Itsjust_ana
    @Itsjust_ana 9 місяців тому

    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

  • @rubilynrevesis2294
    @rubilynrevesis2294 Рік тому

    Thank youuuu

  • @aprildy6533
    @aprildy6533 2 роки тому

    Thank you..

  • @darrelllewissr9413
    @darrelllewissr9413 2 роки тому +1

    Thank you for explaining this so well

  • @gaylemohamed4219
    @gaylemohamed4219 3 роки тому +12

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

  • @dinabandhusuna7349
    @dinabandhusuna7349 Рік тому

    Nice,clearance

  • @r3d._.p4nda
    @r3d._.p4nda Рік тому

    fell asleep when teach was teaching, this helps alot.

  • @sielmorente9068
    @sielmorente9068 Рік тому

    Noice explanation

  • @lexlex5555
    @lexlex5555 Рік тому +3

    When school doesn't teach practical stuff so you have to watch UA-cam videos

  • @alonzoalston5620
    @alonzoalston5620 Рік тому

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

  • @rinsigne7646
    @rinsigne7646 2 роки тому

    thanks

  • @sakiasanchez8914
    @sakiasanchez8914 2 роки тому

    thank u

  • @nasreendesai953
    @nasreendesai953 2 роки тому +2

    Really helped

  • @SolidnaLAPIS
    @SolidnaLAPIS 7 місяців тому

    thank you

  • @user-nd8ny8ri9b
    @user-nd8ny8ri9b Рік тому

    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

  • @Black_katana1
    @Black_katana1 7 місяців тому

    Better than my teacher