Desired Profit Calculator

Calculate the selling price needed to achieve your desired profit margin by inputting your costs and profit goals.

Input Parameters

This is the percentage of selling price that represents profit

Calculation Results

Calculation Formula

Selling Price = Cost Price + Desired Profit

Where:
Cost Price: The initial cost of the product
Desired Profit: The amount of profit you want to make
Profit Margin: The percentage of selling price that represents profit

Results

Selling Price:

$0.00

Total Profit:

$0.00

Profit Margin:

0%

Profit per Unit:

$0.00

Desired Profit Calculator Calculator Usage Guide

Learn how to use the Desired Profit Calculator to maximize your profitability

How to Use This Calculator

  1. Enter your product's cost price - this is what you paid for the product.
  2. Specify how much profit you want to make per unit in dollars.
  3. Set your desired profit margin percentage (optional) to see if your profit goal is achievable.
  4. Click the Calculate button to see your required selling price and profit details.
  5. If you need to adjust your price, you can modify either the cost price or desired profit and recalculate.

Understanding Profit Margin

Profit margin is calculated as:

Profit Margin = (Profit / Selling Price) × 100%

This shows what percentage of your selling price is profit. For example, a 20% profit margin means that for every $1 you sell, you keep $0.20 as profit.

Practical Applications

  • Setting competitive prices for new products
  • Deciding whether to accept special orders at lower prices
  • Analyzing your current pricing strategy
  • Planning discounts while maintaining profitability

Tip: Use this calculator in combination with market research to ensure your desired selling price is competitive while still achieving your profit goals.