Need to find the gross amount. I have the net and the percentage that the net is of the gross

Hi,

Let's set up a table to see it (sorry, I'm a visual learner;)

Selling Price $2.50 x
Unit Cost $1.00 $1.25
-------
Gross Profit $1.50 x - 1.25

Gross Margin 60% 60%

Time for some algebra;)

x - 1.25 0.6
---------- = -------
x 1

Now we can cross-multiply or multiply both sides by x to get rid of the fraction.

x - 1.25 = 0.6 x

Subtract 0.6x from both sides and add 1.25 to both sides to get the variables on one side and the constants on the other.

x - 0.6 x = 1.25
0.4x = 1.25

Divide both sides by 0.4 to get x by itself.

x= 1.25
------
0.4

x= 3.125

Good luck.

Paul

Do it the old fashioned way. 6%= .06
20% of 600 =600 x .20.
Just remember percentage is hundredths.

Gross profit =total revenue -cost of doing business
Gross profit percentage = Gross profit/(Total revenue.)*100%
To increase the gross profit percentage, you decrease the cost of doing business.
Costs= all you have to spend to be able to do business (merchandises, employees' pay, rent of facilities, electric bills, etc.)

Multiply the gross figure by 33 then divide by 100. Some calculators have a % key to simplify percentage calculations but since you didn't specify a particular make and model I can't say whether yours does or not.

Your problem is that of percentage increase.

To calculate that, this is what you do:

Initial amount (Initial amount * percentage) = Percentage increase.

Let us call the initial amount, x.

Then our parameters are:
Initial amount = x
Percentage = 15/100
Final amount = 117300

So,
x (x * 15/100) = 117300
x (15x/100) = 117300
(x/1) (15x/100) = 117300
(100x 15x)/100 = 117300
115x/100 = 117300

cross multiplying
115x * 1 = 117300 * 100
115x = 11730000

dividing both sides by 115

115x/115 = 11730000/115
x = 102000.

So the original amount was $ 102000.

Hope that was helpful?
Have a wonderful day.

The amount of the incentive is the percentage, or fraction of the total amount.

To calculate the incentive, multiply the total amount by the percentage all over hundred:

that is,
Incentive = (initial amount) * (percentage/100)

In this case, we have:

Incentive = (52612) * (15/100)
= 52612 * 0.15
= 7891.8.

So, the incentive would be $7891.8

Hope that was helpful?
Take care.

Get the manual here:
http://www.casio4business.com/sa/products/downloads/manuals/PCR-T2000_E030326D.pdf

Note that it may have been set up for Canadian Taxes.

I have the manual. [email protected]

HI
first of all dont expect experts to write you codes.
secondly,coming back to the problem this requires
nested if-else logic. with some logical operators involved.
(and - &&, pipe - ||).

I hope you have the logic and now you can easily write the code.