How to Calculate Markup Selling Price and Markup Rate

CORRECTION: Markup is 23 and so the Markup rate should have been 23/46 x 100 = 50%.
Thanks to Subscribers for pointing that out.
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[yurihazuki]

CORRECTION (FOR THOSE WHO DIDNT SEE IN THE DESCRIPTION) : Markup is 23 and so the markup rate should have been 23/46 x 100% = 50%
BY:MR.Anil Kumar.

[icecreamsandwich]

listen man, i have a math term test in less then 3 hours. me and my friend are so thankful for what you do boss. keep it up.

[munawerkhamkar]

However thank you for the explanation. Very clear explanation

[joym]

Thank you so much for this. I was able to solve one of my CPA review questions with this video.

On December 30, Year 1, Astor Corp. sold merchandise for $75, 000 to Day Co. The terms of the sale were net 30, FOB shipping point. The merchandise was shipped on December 31, Year 1, and arrived at Day on January 5, Year 2. Due to a clerical error, the sale was not recorded until January Year 2, and the merchandise, sold at a 25% markup, was included in Astor's inventory at December 31, Year 1. As a result, Astor's cost of goods sold for the year ended December 31, Year 1, was

[stevenrobert]

There is a much easier way to do it
QUESTION 2
Cost price is $ 60
Mark up is 40 %
60 X 1.40 = 84
SELLING PRICE IS $ 84

QUESTION 3
Selling Price $ 210
Mark Up 75 %
210 / 1.75 = 120
Cost Price $ 120

[Nana-trrp]

For question #1 it should be that it is 23/46 which means the mark up rate is actually 50%
And for question #3 there is another way, that way is you divide the sale price by the sale rate C:

[tombeautorreon]

thank u Mr. Anil Kumar for teaching this and explaining well and we just finished our reporting about this and we explained it well because of you thank u so much.

[mrjony]

Thank you for the last example. I am looking for this solution for years.

[arissameiaishi]

Thank u for sharing ideas about mark up, selling price etc. Thank you.... Thank you so much ♥️God bless you and be safe always💕. I think without this video i wouldn't know how to solve this problem😇

[sherdilkahn]

Guru jee, I just can't understand why your likes before me is just 395 since 2016 to 2019. Now a days people are not taking serious things. They are only interested in simple things. With my opinion your likes must be 100k!

[cristitaescultura]

where did you get 26/46 or how did you get 26 sir thanks you waiting for.answer question.number one

[k.r.nalluswamy]

Very nice easy to understand about mark up explanation and calculations in different ways.very useful for business people.

[chiphan]

Thanks a lot. Your formulary is so much easier to understand. I have an exam in 3 days. Please pray for me 🤪

[Julz]

looking for a quick solution, thanks Anil

[Sarah-zhxj]

Thank you so much, *Mr.amazing man*, ,

You know, today i spend my whole evening just to figure out what's the point that i m not getting without seeing the answer, It’s one kind of bad procrastinating of mine though.😐
But thankfully i was unsuccessful at my procrastinating and as a failure i searched for the solve on YouTube, and i find ur amazing video which saved me from anxiousness..😀
Thank you.❤
But u know,

[dorothymalomane]

Thank you so much. I forever appreciate. Much love

[jaileneramos]

The simplest way shown. You had teach me something 😁 Thank you!

[tejpanchal]

goddam, this video saved me during test.

[reinanroxas]

i hate it when im doin it right and not satisfied because I dont have evidence to prove it thank goodness i found your vid

[revamcgrath]

Thank you so much. This video is so helpful I got confused in class but now I understand it.