S
shank
I need some equation help...
This is correct....
SP = Sell Price
C = Cost
GP = Gross Profit
GPP = Gross Profit Percentage
SP = 109
C = 77
GP = 32
GPP = 29%
(SP - C) / SP = GPP
(109 - 77) / 109 = 29%
....now, suppose you know the cost and GPP.
How do I find SP?
(x - 77) / x = 29%
How do I get x= ?????
My algebra days are long gone and never did like financials.
thanks
This is correct....
SP = Sell Price
C = Cost
GP = Gross Profit
GPP = Gross Profit Percentage
SP = 109
C = 77
GP = 32
GPP = 29%
(SP - C) / SP = GPP
(109 - 77) / 109 = 29%
....now, suppose you know the cost and GPP.
How do I find SP?
(x - 77) / x = 29%
How do I get x= ?????
My algebra days are long gone and never did like financials.
thanks