Question

what is the formula for determining selling prices?
selling price = (cost x desired profit margin) + cost
selling price = (cost x desired profit margin) - cost
selling price = (cost - desired profit margin) / cost
selling price = (cost / desired profit margin) + cost

Explanation:

The selling price is calculated by adding the cost and the profit. The profit is found by multiplying the cost by the desired profit - margin. So the formula is Selling price=(Cost×Desired profit margin)+Cost.

Answer:

Selling price = (Cost x Desired profit margin) + Cost