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Transcription
HOW TO FIGURE PROFIT
Experience indicates that many business men
have the wrong idea about figuring profit. Re-
member that 20 % added to cost does not yield
20% profit. Profit is properly figured on selling
price. To make 20 % profit you must add 25 %
to cost.
To find correct selling price to gain a certain
net profit: Add the percentage of cost of doing
business and the desired per cent of profit.
Subtract this from 100. Divide the cost by
this remainder.
Profit
5 % added to cost is 4 3/4 %
8 1/2 % " " " 7 %
10 % " " " 9 %
12 1/2 % " " " 11 1/8 %
15 % " " " 13 %
16 % " " " 14 1/4 %
17 1/2 % " " " 15 %
20 % " " " 16 2/3 %
25 % " " " 20 %
30 % " " " 23 %
33 1/3 % " " " 25 %
35 % " " " 26 %
37 1/2 % " " " 27 1/4 %
40 % " " " 28 1/2 %
45 % " " " 31 %
50 % " " " 33 1/3 %
55 % " " " 35 1/2 %
60 % " " " 37 1/2 %
65 % " " " 39 1/2 %
66 2/3 % " " " 40 %
70 % " " " 41 %
75 % " " " 42 2/3 %
80 % " " " 44 1/2 %
85 % " " " 46 %
90 % " " " 47 1/2 %
100 % " " " 50 %