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Profit based on COG and commission

  1. #1
    Registered User
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    Profit based on COG and commission

    Hi I am trying to creat what I though would be a simple formula could anyone please help out. I need to calculate a price to charge a client based on a specific profit I want to get from these simple variables

    1) my cost of the product ( static # )
    2) my commission on the sale of the product ( static # )
    3) what i need to charge the client to get a $50 profit

    ie
    (My commission ) $200 minus ( my cost ) $250 I need to charge (?) to recieve a $50 profit

  2. #2
    Forum Guru
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    Re: smple profit formula based on cog and commissions

    Is the commission coming from the client also? If so, should be

    Charge = Commission + cost + profit ie = 200 + 250 + 50

    Is that what you are looking for?
    ChemistB
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  3. #3
    juliemaria
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    Re: Profit based on COG and commission

    Quote Originally Posted by [email protected] View Post
    Hi I am trying to creat what I though would be a simple formula could anyone please help out. I need to calculate a price to charge a client based on a specific profit I want to get from these simple variables

    1) my cost of the product ( static # )
    2) my commission on the sale of the product ( static # )
    3) what i need to charge the client to get a $50 profit

    ie
    (My commission ) $200 minus ( my cost ) $250 I need to charge (?) to recieve a $50 profit
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