Selling price

LOGINJOIN NOW Home > Formulas > Maths Formulas > Selling Price Formula Maths Formulas Selling Price Formula In our daily life, whenever we go to the market to buy something, we need to pay an amount of money to the shopkeeper or vendor. This amount which we pay is the selling price of that commodity. During the sale season, commodities are sold at discounts. Say, flat 10% or 20% or 50% off. Thus, sometimes we need to find out the selling price of the commodity. Thus, it is an integral part of our day-to-day routine. Let us now study selling price formula in detail. SolveQuestions How many kilograms of sugar costing Rs.99per kg must be mixed with2727kg of sugar costing Rs.77per kg so that there may be a gain of1010% by selling the mixture at Rs.9.249.24per kg ? 1 Verified answer  A fruit seller bought fruits for666666and sold it for777777. His gain percent is nearly 1 Verified answer  A man buys a cycle for14001400and sells it at a loss of15%15%. What is the SP of the cycle? 1 Verified answer  VIEW MORE Selling Price Formula What is the selling price? Selling price is the price that a customer pays to purchase a product or a commodity.  It is a price above the cost price and includes a percentage of profit also. Cost price is the price at which the seller purchases the product or the commodity. He then adds a percentage of profit or gains to it. Marked price or list price is the price that a seller fixes after adding the required percentage of profit. Marked price is the price that a seller quotes to the buyer while selling price is the price that he actually receives from the buyer after a bargain. Usually, the marked price is higher than the selling price. However, selling price and the marked or list prices can be the same. A fixed price shop is an example of it.  Selling Price is a very sensitive issue as the sales of a product depends on it to a large extent. Any product which has a high selling price may not be able to attract many buyers as consumers may not feel that it is value for money. On the other hand, a very low selling price can affect the profitability of the business. Also, the buyers may think that it is of inferior quality.