Profit calculations Hi guys,
I'm totally useless at maths and my brain is really playing up. Could someone skim through my calculations and see if it all makes sence.
I'm selling a product called a 'KD' which costs my (the retailer) £4.30. The price that it's sold to customers varies.
Sale price | Cost (KD cost and in some cases postage).
£7.00 – (£4.30)= £2.70 for selling 1
£60.00 – (£5.32+[£4.30x5=£21.50]) = (£60.00 – £26.82) = £33.18 for selling 5
£11.00 – £1.60 = £9.40 for selling 1
Profit for selling 7 so far (5+1+1) so far: (2.70+33.18+9.40)= £45.28
£45.28 is profit I made by selling 7KD's ontop of paying back the amount it cost me to buy them? |