How to Use This Calculator
- Enter the Purchase Cost of the item you're buying (e.g., $25.00)
- Enter your Desired Profit Margin as a percentage (e.g., 20 for 20%)
- Click the Calculate button to see your recommended selling price
- The calculator will also show you the exact profit amount you'll make
Example Scenario
Let's say you buy a product for $50 and want to make a 30% profit:
- Purchase Cost: $50.00
- Desired Profit Margin: 30%
- Your selling price should be: $50 × (1 + 30/100) = $65.00
- You would make a profit of: $65.00 - $50.00 = $15.00
Why Use This Calculator?
This calculator helps you:
- Set appropriate selling prices for your products
- Ensure you're making the profit you need
- Quickly adjust prices based on different cost scenarios
- Plan pricing strategies for bulk purchases